Small And Large Scale Mining Operations In India

By Author: Michael Jin
Total Articles: 10
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India is endowed with significant mineral resources and the mineral industry constitutes an important segment of the Indian economy. India produces 89 minerals which include 4 fuel, 11 metallic, 52 non-metallic and 22 minor minerals. A series of policy initiatives coupled with legislative changes have been carried out for speeding up investments and induction of "State-of-the-art" technology in the mining sector.
The Indian mineral sector represents a unique blend of small scale and large scale mining operations. In spite of large-scale mining operations, India is essentially a country of small-scale mining, since as much as 87% of the operations can be considered as small scale. Out of about 3000 reporting mines in the non-coal sector in India, only about 113 are operated by underground methods. The underground mines are presently confined to base metals, manganese ore, gold, chromate and some non-metallic minerals like soapstone, mica etc. The other major minerals are lignite, iron ore and limestone (production of 30m, 70m and 120m tons respectively). Considerable developments have taken place during the last ...
... few decades for enhancing the levels of production. （pulverizer in India）
There are about 355 opencast mechanized mines in the country in the non-coal sector. Some of the unique examples are the Kudremukh Iron Ore Mines, Malanjkhand Copper Mines where mechanized mining is being carried out with advanced technology. Technology changes in the design of mine equipment and development of new stopping methods have made mining operations less arduous, more productive and safer. With the recent liberalization in the minerals sector, it is envisaged that further technological upgradation / introduction of state- of-the-art technology will take place to achieve the projected growth of mineral production in the country. (Pulverizer for sale in India)
During the period November, 1995 to January 1998, the Foreign Investment Promotion Board approved 39 cases of Foreign Direct Investment in the mineral sector with an investment of over $700 million. These proposals are mainly in the fields of mining, exploration, mineral processing and technical consultancy.
73 applications for FDI involving investment of US$ 830 million have been approved by the Government till 2004. 165 reconnaissance permits have been granted for an area of 2,19,000 Sq. Km. till February 2004. (Rock pulverizer for sale)
India produces over 340 million tons of coal annually. Government owned Coal India Limited (CIL) accounts for 90% of the total coal production. The other major producers are Singareni Collieries and TISCO (West Bokaro). Coal India has undertaken systematic planning and mechanization of coal mining in the nationalised coalmines in Eastern and Central India. It has adopted open-cast mining as the main mining method in preference to underground mining. (Coal pulverizer suppliers india)
CIL is the biggest buyer of mining equipment in the country and has had a dominant influence on the development of the mining equipment industry. It has spearheaded adoption of innovative procurement and maintenance practices in the country. In recent years, mining companies have been off-loading excavation work to private contractors leading to the development of a new segment in mining. The Government of India is actively considering privatisation of coal mining to give a boost to power generation. This development is expected to stimulate demand for mining machinery.
During the year 2004-05 (01-04-2004 to 31-3-2005) 4 (four) project in coal sector and 4 (four) in lignite sector were sanctioned by the Government. Besides, 5 (five) advance action proposals (AAPs) were also sanctioned by the Government.