Together, India and China mine 14 million tonnes of coal a day; difficult to get rid of the habit

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There’s a reason India and China defended coal’s future at the Glasgow climate summit: no nations have added more coal-fired power-plant capacity in the past decade than these two major emitters. China and India are currently mining a combined 14 million tonnes of coal a day. Coal not only remains crucial to their current energy needs but […]

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Shifting away from coal mining, Chhattisgarh state experiments with developing forestry flora

For decades, mining has eaten into the forests of mineral-rich Chhattisgarh. But as the state moves away from opening coal mines, authorities have introduced measures to boost output of forest goods – from tamarind to cashew nuts and medicinal seeds. In the forests of Bastar in Chhattisgarh, women have been busy plucking the tan-coloured fruits […]

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Australian mining company, Fortescue produces first-ever green iron ore

Fortescue Metals Group in Australia has produced high-purity green iron ore and successfully tried ammonia-powered freight as part of its Fortescue Future Industries (FFI) renewable energy and industry initiative. The initiative is meant to test if 100 per cent green energy could be used to manufacture iron and steel, fertiliser and cement. According to FFI […]

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Indonesia plans to set up its own bullion bank

Indonesia, home to one of the world’s largest gold mines, plans to set up a bullion bank to spur trading of the precious metal domestically. The government is consulting with parties including the central bank and the mining industry, with a plan to start operating the bank in 2024, Trade Minister Muhammad Lutfi stated. “Our […]

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Myanmar army tightens grip on lucrative jade sector controlled by China

Myanmar’s military has further tightened its grip on the country’s jade trade, using the industry to finance the February 1 coup that plunged the country into turmoil, a new report indicates. According to human rights organization Global Witness, the military junta (Tatmadaw) is now in charge of the multibillion-dollar jade industry whose business mostly goes to China, […]

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CIL forges ahead towards energy efficiency

To reduce its carbon footprint, Coal India Ltd (CIL) has put special thrust on energy efficiency measures and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal producing companies. CIL has also drawn an ambitious 5-year plan of carbon offset in different fields of its […]

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Captive mines can now sell half their minerals in open market; govt removes end-use curbs to lure investments

The mines ministry has amended the mineral auction rules to remove end-use restrictions for mines to be allocated in future through the competitive bidding route, a move that is expected to enhance production and attract private investments into the sector. “The state government shall not reserve any mine for captive purpose or any specific end […]

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