SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sandur Manganese receives SC nod for resumption of mining operations in Karnataka

25 Jan 2013 Evaluate

Sandur Manganese and Iron Ores, a Karnataka-based company has received nod to start mining immediately in the state by a Supreme Court-appointed monitoring committee after meeting conditions set by them. Earlier in July-August, 2011, because of environmental degradation of the areas, the Supreme Court had banned mining in Karnataka.

The company’s  production capacity has been reduced to 0.74 million tonnes per annum (MTPA) for iron ore and 0.1874 MTPA for manganese to meet the apex court fixed upper ceiling of 30 MTPA production from Karnataka. The resumption of mining is going to increase iron ore availability in the state. 

Sandur Manganese Share Price

218.35 0.65 (0.30%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×