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Karnataka government allows NMDC to mine iron ore in Donimalai

04 Dec 2020 Evaluate

Karnataka government has issued orders allowing iron ore mining to be resumed in Donimalai mines by NMDC. The NMDC, which suspended mining in Donimalai, was earlier in a legal battle with the state government over the issue of imposition of premium on the sale price of the iron ore extracted from the mines.

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.

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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