Yojna IAS’ Post

🌍 Africa holds immense potential in the realms of mining and logistics, offering unparalleled opportunities for growth and development. In a recent insightful interview with Capt. Pappu Sastry, CEO of Adhira Shipping and Logistics, featured by The Shipping Tribune, we explore advantages and challenges that the continent presents. Capt. Sastry delves into the strategic importance of Africa's rich mineral resources and the critical role that robust logistics play in harnessing these assets for sustainable economic progress. 👉 Don't miss out on these expert insights into Africa's evolving mining and logistics landscape. Read the full interview here: https://lnkd.in/dHvNKwh9 #Mining #Logistics #Africa #IndustryInsights #EconomicGrowth https://lnkd.in/dHtvjVaN

Article 371A of the Constitution of India has been a major hurdle in the Nagaland government's efforts to regulate small-scale illegal coal mining activities in the state. The unique land rights conferred under Article 371A have made regulating illegal coal mining activities more challenging. Residents in coal-bearing areas depend on illegal mining for sustenance and need to be educated on the adverse effects of such activities. Nagaland's coal mining policy allows rat-hole mining, but despite proper forest and environment clearances and definite mining plans, people are still operating such mines illegally. #AsiaRisk #Regulation #India Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gxXvxFag

Jharkhand Assembly Passes Bill to Levy Cess on Mined Minerals. The Jharkhand Assembly has passed a bill to levy a cess on mined minerals in the state. This move is aimed at generating additional revenue from the mining sector. The bill specifies the rates at which the cess will be imposed on various minerals, aiming to bolster the state’s finances and support developmental projects. This decision reflects Jharkhand's efforts to enhance its economic stability and address local developmental needs through increased contributions from its mining industry. Source: https://lnkd.in/gukpy3VJ #Jharkhand #MiningCess #MinedMinerals #EconomicGrowth #RevenueGeneration #DevelopmentProjects #MiningSector #StateFinances #LegislativeUpdate #IndustryNews #EconomicStability #LocalDevelopment #CessImplementation #MineralResources #GovernmentPolicy WORLD OF METAL

Panthera Resources PLC (AIM:PAT) has noted that the Government of Rajasthan (GoR) has announced the preferred bidder with the 'Highest Final Price Offer' of 65.3% for a mining lease on the Bhukiya-Jagpura block.   This follows the issuance of a notice by the GoR on 6 March 2024 inviting bids in the auction of a mining lease of the Bhukiya-Jagpura block, substantively covering the Bhukia project. Panthera is in dispute with the Indian and Rajasthan governments over the Bhukia project due to alleged breaches of an investment treaty with Australia. Panthera also noted that the Geological Survey of India (GSI) has reported a mineral resource of 7.15 Moz of gold for Bhukia with a calculated inground value of US$16.7 billion based on the closing gold price of US$2,329/ounce on 24 June 2024. More at #Proactive #ProactiveInvestors http://ow.ly/kqjn105ye5m

For the inescapable mining projects in India, where tribal/indigenous communities are asked to give up their ancestral lands, isn't it possible to make them as "Economic partner" or shareholder e.g. 1/3rd of project valuation? Why is it not being done? Isn't that a normal stakeholder representation required on such projects? Why dislocate them and pay them chips for taking away the asset they have. Just a thought. And the same corporate structure also presents and gets accepted a landscape and life restoration plan at end of life of such mining project. Isn't it a better way to go about the respect and honoring the rights of folks whose asset we acquire for extractive economic development. #indigenouspeoples #indigenousrights #tribalcommunities Emil Sirén Gualinga Ashish Kothari rahul banerjee Shrishtee Bajpai Ashish Puntambekar ( can be a port also) Pankaj Sekhsaria

𝐅𝐄𝐀𝐓𝐔𝐑𝐄: LUANSHYA, also described as the ‘gated town in a security wall parameter’, on April 11th this year, experienced rebirth. The town was a hive of activities, as President Hakainde Hichilema graced the US$500 million de-watering of the Luanshya Copper Mines (LCM) Shaft 28, now renamed as New Luanshya Mine. Before this development, the old mining town had earned a name as a ghost town owing to slowed down economic activities which resulted in the exodus of residents to work in other towns. These residents and others from other towns may now be attracted back to Luanshya as mining activities are gaining momentum to commence at full scale in due course with the commencement of the first critical step to de-water Shaft 28 before copper mining operations go on full scale. READ MORE: https://shorturl.at/sGLNT

The Supreme Court of India recently delivered a crucial judgment in the case of State of Odisha vs. Thakurani Global Processors concerning the renewal of mining leases. The High Court’s directive to establish a High-Powered Committee has been revisited, with significant implications for all stakeholders involved. Let’s delve into the details of this landmark decision and its impact on the mining sector. #LegalCase #SupremeCourt #MiningLease #HighCourtJudgment https://lnkd.in/dV9GwhyQ

Given the fact that the ecosystem of Jammu and Kashmir is fragile, environment sensitization is supposed to be the most important information dissemination. In a likewise attempt, we discuss the economic and environmental implications of Sand mining in the region; https://lnkd.in/gBkhvFkk

There are many misconceptions about artisanal mining. 🏹 #asm is the same as illegal mining No. Illegal and artisanal mining are different. ASM is traditional #mining that often extends from nearby communities, illegal mining relates to corruption. Put differently, ASM is about seeking dignified opportunities, illegal is mining at the barrel of a gun 🏹 ASM is environmentally destructive No. Recognizing that artisanal mining has environmental impacts, ASM has a much smaller footprint then large scale mines. Formalization further reduces ASM’s footprint 🏹 ASM derails large scale mining No. ASM is often an early indicator for large scale exploration, on the ground first and sharing land concessions later. Relationships can be positive when LSM’s engage respectfully 🏹 all artisanal mining has awful social impacts No. In some cases there are very sad realities that include things like child labor, mercury poisoning and sexual violence, but the sector is huge and diverse, with other artisanal miners having dignified opportunities. Some are well educated, some aren’t. At core, artisanal miners are small business persons 🏹 artisanal miners are men No. 30% of ASM are women, 50% in Africa 🏹 ASM is too risky for investment No. #mininginvestment and/or #impactinvestment that supports formalization delivers game changing dignity and productivity. Dignity = impact, including improved #humanrights adherence, #sustainabledevelopment, safety, poverty alleviation Productivity = value. Investment is commercially realistic There are many other misconceptions in the far too invisible sector. The Blended Capital Group and our partners are committed to reimagining outcomes in the massive sector in commercially realistic ways. Dignity, productivity, #criticalminerals supply and #sustainabledevelopment all result. Now is the time. Alliance for Responsible Mining (ARM) Levin Sources BanQu Inc. Napier Meridian

#StatecraftInTheNews: On 15 January, Khanij Bidesh India Limited (KABIL) and CAMYEN, the state-owned company of Argentina, inked a $24 million deal for a lithium mining and exploration project. The Union Ministry of Mines said that in accordance with the deal, KABIL will begin exploring and developing five lithium brine blocks in Argentina's Catamarca province. In the province, a branch office will also be established. This is the first initiative of its kind for an Indian government company. With more than half of the world's lithium resources, Argentina, Chile, and Bolivia form the "Lithium Triangle." Argentina boasts the second-largest lithium resources, third-largest lithium reserves, and fourth-largest output worldwide. This move will ensure a robust and diverse supply chain for vital and strategic minerals required for several industries in India. #India #Lithium #Argentina #KABIL #CAMYEN #Catamarca