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NMDC resumes mining operations at Donimalai iron ore mine in Karnataka

19 Feb 2021 Evaluate

NMDC has resumed mining operations at its Donimalai iron ore mine in Karnataka. The operations have been resumed after receiving permission from the state government. In 2018, the company had suspended iron ore mining at the mine following a decision of the state government to impose 80 per cent premium on the iron ore sales from the mine.

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 389.65
NMDC 67.04
Ashapura Minechem 412.50
Sandur Manganese 162.35
GMDC 413.80
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