Department of Mines & Geology, government of Goa has issued a notification yesterday (i.e. 11 Jul’16) to deposit extraction cost of e-auctioned iron ore.
In the issued notification by Mr. Prasanna Acharya (Director of Mines & Geology) has directed all lease holders and owners of stacks to deposit extraction cost of e-auctioned iron ore.
The notification states that- ”It has been found that not all the auctioned material is lifted from various storage points. It is also noticed that few of the owners of such stacks have not collected extraction cost of already lifted cargo, whereas some have not only collected extraction cost for the lifted cargo at the same time for cargo yet to be lifted.”
Therefore such owners of stacks, whose ore is lifted by bidders and who have not collected the extraction cost are hereby requested to collect the same latest by 21 Jul’16.
Those owners of such stacks who have collected extraction cost in advance for the balance quantity of ore not lifted so far by the dealers are hereby directed to forthwith deposit such part of extraction cost realized by them, but the cargo of which is not lifted so far on or before 21 Jul’16, failing which they shall be liable to pay interest @ 24% pa, from 11 Jun’16 for such amounts realized in advanced.
Only 8.78 MnT iron ore sold so far via e-auctions
E-auctions conducted so far since Feb’14, only 8.78 MnT iron ore has been allotted. Total 15.1 MnT already mined iron ore was lying prior to the imposition of mining ban in the state long back in Oct’12 out of which nearly 42% still remains unsold.
Talking about iron ore export from Goa nearly 8 MnT iron ore has been exported so far since Apr’14.
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