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Monday, November 28, 2011

There is no domestic market for Goa iron ore - Mr Timblo

Monday, 28 Nov 2011

Mr Ambar Timblo MD of Fomento Resources tells Sudheer Pal Singh about the mix of complex issues haunting the state’s mining sector.

Q - What is the major cause of suspicion of illegal mining in Goa?

A - One of the principal causes of suspicion is small-sized mines of less than 100 hectares. It is characteristic of Goa, and is one reason why dumps are placed outside the lease area, thus causing suspicion of illegalities. A miner needs area to do conservative and efficient mining. There are provisions in the law which allow a miner to place rejection stacks outside the lease. But it has to be done as part of the mining plan.

Q - If this is a part of the approved mining plan, why is it being called an irregularity?

A - There is a belief that in the name of moving these dumps, the miners are excavating more ore than allowed under environment clearance. So what we need is more of a policing system to keep this under check. One needs to put more checks and balances to monitor movement.

(Source - Business-Standard)

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