The Sandur Manganese & Iron Ores has received final approval from the Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India on October 03, 2025, for diversion of 2.4314 hectares of forest land in Deogiri Swamimalai Forest Block, Sandur Taluk, Bellary District, Karnataka, for establishing a Downhill Conveyor Pipe System (DCS) from Kammathuru Iron Ore Mine to PMBR (BMM) siding in favour of the company.
Based on this approval, the company will now approach Department of Forests & Environment, Government of Karnataka and request for execution of the Forest Lease Agreement in accordance with the applicable provisions.
Sandur Manganese & Iron Ores is engaged in mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.
| Company Name | CMP |
|---|---|
| Coal India | 435.10 |
| NMDC | 85.80 |
| GMDC | 614.50 |
| Sandur Manganese | 202.45 |
| MOIL | 305.65 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: