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According to the Chief minister Pramod Sawant the state government will allow those mining companies which have paid conversion fees to handle low-grade iron ore dumps as per the quantity they have declared. He mentioned that government will levy fees to handle the low-grade iron ore, besides the companies will be liable to pay a royalty.
"We will weigh the ore before it is exported so that govt doesn't lose any revenue in case the ore quantity is higher than what has been declared by the mining companies," Sawant mentioned. He said that state government has not decided on how much fee will be charged.
According to the CM the decisions will be taken after the model code of conduct for Lok Sabha elections is lifted. The state government was exploring the option of letting mining companies handle low-grade iron ore dumps as per the quantity they have declared, if it corresponds to their mining plan approved by the Indian Bureau of Mines.
The DMG had started the verification of the quantity of low-grade iron ore claimed by mining companies before granting them the final permission to handle the ore, but is facing difficulties quantifying and identifying the grade. The 19 mining companies, in their application before government, had said that they want to handle around 55 million tonnes of low-grade iron ore lying in the state. Sawant had said that with the low-grade ore lying in Goa, mining activities can run for the next five years without any problem.
The ore lies in the talukas of Bicholim, Sanguem, Dharbandora, and Sattari. A senior officer had said that state govt has filed an affidavit in Supreme Court stating that mining companies have to get green nods to handle dumps. The cabinet decision to grant permission will allow the companies to handle low-grade iron ore lying on their own lands.
This is expected to generate over ₹200 crore revenue for the state. Government has decided to allow only mining companies, leaseholders, and exporters to participate in the auctioning of the dumps. The Dump Handling Policy, 2023, paved the way to deal with the 700 million tonnes of low-grade iron ore lying inside and outside mining leases across the state, and to export 25 million tonnes per annum.
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