Tag: NMDC
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India: NMDC’s Donimalai to restart operations
After twenty two months of waiting, NMDC will be able to resume mining at Donimalai in Karnataka. This however, comes at a cost – to begin with a royalty of 37.5% against the usual 15%. Ever since the MMDR (Amendment) Act 2015 introduced auctions, and these in turn began fetching state government additional revenue in…