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Sandur Manganese & Iron Ores resumes mining operations from February 21

21 Feb 2014 Evaluate

Sandur Manganese & Iron Ores has resumed its mining operations from February 21, 2014 after getting approval from Supreme Court. Earlier, as on February 1 2014, the company had suspended its mining operations consequent to Forest Conservation Division of Ministry of Environment & Forests (MoEF), Government of India opined that the Forest Clearance granted by it to the Company should be considered as co-terminus with the period of Lease under Mines and Minerals (Development & Regulation) Act, 1957 since it does not recognize the provisions under Mineral Concession Rules, 1960.

Sandur Manganese & Iron Ores (SMIORE), the flagship company of the Sandur Group, was founded by former ruler of the Princely State of Sandur, Yeshwanthrao Hindurao Ghorpade in 1954.  The major activities of SMIORE are mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.

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
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