Ore Transit Halt Causes Rs 20 Mn Daily Loss, says Mining Association
COAL & MINING

Ore Transit Halt Causes Rs 20 Mn Daily Loss, says Mining Association

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850 per cent surge in gas prices over the past four months. 

The Goa Mineral Ore Exporters' Association (GMOEA) stated on Wednesday that continuous disruptions in transporting iron ore from Vedanta Sesa Goa's Bicholim mine block are causing daily losses of nearly Rs 20 million. According to GMOEA secretary Glenn Kalavampara, villagers' "unreasonable demands" are having detrimental financial and reputational effects.

The GMOEA emphasized that the government bears responsibility for addressing these concerns, as it had auctioned the mining blocks at a premium. Kalavampara explained that Vedanta had reported a two-week halt in road transportation at the Bicholim mine due to these demands, resulting in significant financial losses. He also noted that temporary route requests remain unresolved, a situation he described as inconsistent with the principles of ease of doing business.

Villagers from Mathawada-Sarmanas, Pilgao, including local farmers and women from the ST community, have blocked trucks transporting iron ore, alleging that the vehicles are damaging their fields. Kalavampara remarked that preventing transportation despite obtaining all necessary permissions is unfair to operators, especially on traditional or dedicated routes. He stressed that such delays harm not only the operators but also the government and economy, particularly given the challenges already faced by the mining sector. He urged the authorities to resolve the impasse swiftly.

The GMOEA reiterated that since the government auctions mining leases at a premium, it has an equal responsibility to address the concerns without imposing additional costs on leaseholders. The association pointed out that mining companies already pay statutory dues, including royalties, district mineral fund contributions, and other taxes.

While expressing optimism about ongoing discussions between the village groups and the mine leaseholder, the GMOEA emphasized the need for practical interim solutions to avoid further complications. Kalavampara expressed hope for a swift resolution that considers both the villagers' and the operator's concerns, prevents future disruptions, and discourages unlawful actions.

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850 per cent surge in gas prices over the past four months. The Goa Mineral Ore Exporters' Association (GMOEA) stated on Wednesday that continuous disruptions in transporting iron ore from Vedanta Sesa Goa's Bicholim mine block are causing daily losses of nearly Rs 20 million. According to GMOEA secretary Glenn Kalavampara, villagers' unreasonable demands are having detrimental financial and reputational effects.The GMOEA emphasized that the government bears responsibility for addressing these concerns, as it had auctioned the mining blocks at a premium. Kalavampara explained that Vedanta had reported a two-week halt in road transportation at the Bicholim mine due to these demands, resulting in significant financial losses. He also noted that temporary route requests remain unresolved, a situation he described as inconsistent with the principles of ease of doing business.Villagers from Mathawada-Sarmanas, Pilgao, including local farmers and women from the ST community, have blocked trucks transporting iron ore, alleging that the vehicles are damaging their fields. Kalavampara remarked that preventing transportation despite obtaining all necessary permissions is unfair to operators, especially on traditional or dedicated routes. He stressed that such delays harm not only the operators but also the government and economy, particularly given the challenges already faced by the mining sector. He urged the authorities to resolve the impasse swiftly.The GMOEA reiterated that since the government auctions mining leases at a premium, it has an equal responsibility to address the concerns without imposing additional costs on leaseholders. The association pointed out that mining companies already pay statutory dues, including royalties, district mineral fund contributions, and other taxes.While expressing optimism about ongoing discussions between the village groups and the mine leaseholder, the GMOEA emphasized the need for practical interim solutions to avoid further complications. Kalavampara expressed hope for a swift resolution that considers both the villagers' and the operator's concerns, prevents future disruptions, and discourages unlawful actions.

Next Story
Resources

KEC International bags Rs 10.34 billion in new orders

"KEC International Ltd, a global infrastructure EPC major and part of the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. In the T&D segment, the company has received its first-ever STATCOM project from a global OEM in India, along with orders for the supply of towers, hardware, and poles in the Americas. The civil business has marked a key milestone by entering the semiconductor space, bagging a contract to establish a semiconductor plant for a major private player. It has also won a repeat order ..

Next Story
Products

Viva launches 3D louvres for next-gen façade design

Viva, Asia’s largest manufacturer of aluminium composite panels (ACP), has introduced its advanced 3D louvres, offering a blend of architectural innovation and practical performance. Designed to enhance the aesthetics and efficiency of building facades, these louvres aim to set a new benchmark for the industry.The newly launched 3D louvres are engineered to add visual depth and dynamic appeal to both residential and commercial structures. Combining durability, ease of installation, and low maintenance, the product is tailored for contemporary design needs.“The 3D louvre range is a natural ..

Next Story
Infrastructure Urban

JustDeliveries raises Rs 5.5 crore to expand intracity cold chain network

JustDeliveries, a cold chain logistics startup focused on mid-mile solutions for India’s food and beverage sector, has raised Rs 5.5 crore in a funding round co-led by VC Grid and NABVentures. Other participants included LetsVenture, Anay Ventures, and FAAD Network.This fresh round brings the total capital raised by the startup to US$ 2 million (approximately Rs 15.9 crore). The funds will be used to strengthen its technology platform and expand operations to three more cities, including Lucknow and Chennai. JustDeliveries currently operates in Bangalore, Delhi, Hyderabad, Mumbai, and Pune.F..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?