Latest News

Who would u call? - Dirt busters

Community News 2010-02-18 13:06:44

  Gomantak Times, February 18, 2010 The first community project management in Goa, funded by Fomento began three months ago in the hinterlands of Penha De Franca. Olinda Fernandes reports.… Read more »

Asia Iron Ore-Prices surge on India tax hike, year-end buys

Industry News 2010-02-13 07:33:33

Source: Reuters By Nick Trevethan SINGAPORE, Jan 8 (Reuters) - Asian iron ore prices have risen by 20 percent in the past three weeks, bolstered by a rise in Indian… Read more »

Iron Ore Price in China Rises to Highest Since 2008 on Demand

Industry News 2010-02-13 07:29:20

SOURCE :Bloomberg By Jesse Riseborough Jan. 8 (Bloomberg) -- The cash price of iron ore delivered to China, the world’s biggest buyer, jumped to at least a 13- month high… Read more »

Mining companies back green agenda

Industry News 2010-02-11 13:54:31

Source: Author: Dr Gareth Evans Published: Feb 11, 2010 The writing was placed firmly on the wall back in 2002, when the Johannesburg World Summit on Sustainable Development (WSSD)… Read more »

GME4 attracting foreign investors

Industry News 2009-02-23 19:59:53

 "Brazilian mining exploration company Global Mining Exploration, or GME4, is attracting foreign investor interest in a proposed sale of 80% of its PI4 iron ore mine project ", a company… Read more »

Mining sector has to buckle down: panel

Industry News 2009-02-22 16:44:58

"The politically-patronaged mining sector will have to mend its ways, if the State Government seriously considers the recommendation of the high level committee which went into mining operations in the… Read more »

Forest dept submits reports on illegal mining to govt

Industry News 2009-02-20 22:09:30

Illegal Mining in State The high-level committee has found no mining activity in wildlife sanctuaries Action has been recommended in cases where illegal mining is undertaken Environmentalists claim that illegal… Read more »

Business Line : Interview with Chairman - Fomento Resources

Alliance News, Industry News 2009-02-11 08:47:11

INTERVIEW V.K. Varadarajan Bangalore, Oct.7   Mining industry in Goa has been facing a welter of protests and agitations by environmental activists raising spectre of uncertainty over its long-term viability. Added… Read more »

FIMI : Iron ore royalties to be linked to price

Industry News 2009-02-10 10:40:54

"The Central government plans to link royalties on iron ore to market prices rather than a fixed rate", Mines Minister B K Handique said on Monday. The move may increase… Read more »