Monday, 20 January 2014

Sandur Manganese & Iron Ores resumes mining operations from January 20

Sandur Manganese & Iron Ores has resumed Mining Operations from January 20, 2014 after getting approval from Competent Authorities, the Government of Karnataka.  Earlier, as on January 01, 2014, the company had suspended all activities in its mining leases. The company has taken this step after the Forest Department directed suspension of mining operations without taking cognizance of the deemed renewal provisions.

The company had mining leases granted under the provisions of Mines & Minerals (Development & Regulation) Act, 1957 (MMDR Act) for a period of 20 years effective from January 01, 1994 and the same period has expired on December 31, 2013.

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.

No comments:

Post a Comment