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Karnataka govt withdraws approval accorded to NMDC to extend lease for Donimalai mine

21 Aug 2019 Evaluate

Karnataka government has withdrawn the approval accorded to NMDC to extend mining lease period for the Donimalai iron ore mine.

In this regard, the company has filed revision application against the Karnataka government's said order with the Ministry of Mines, Government of India and the hearing is scheduled on August 21, 2019. The company has also requested the Government of Karnataka to withdraw its letter and keep it in abeyance.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

NMDC Share Price

88.88 1.55 (1.77%)
24-Apr-2026 12:27 View Price Chart
Peers
Company Name CMP
Coal India 455.35
NMDC 88.88
GMDC 664.30
Sandur Manganese 209.05
MOIL 320.20
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