Monday, November 29, 2010
algumas recomendações
tirado do advfn, do topico unipar.
02/09/2010
Carteiras Inusitadas
Por menos de dez reais
Por menos de dez reaisQuais são as melhores ações para comprar por menos de R$10? A InvestMais fez essa pergunta para algumas corretoras e analistas do mercado. Confira as respostas:• Fertilizantes Heringer (FHER3) – “Essa empresa sofreu muito com a queda do preço das commodities e foi obrigada a vender bastante fertilizante abaixo do valor de custo. Agora, o preço dos fertilizantes começou a se recuperar. Ainda não está no ideal, mas é um avanço. Outra boa notícia para a empresa é a intenção de o governo aumentar a autossuficiência do Brasil na produção de fertilizantes e a entrada da Petrobras e da Vale no mercado para produzir insumos como amônia e fósforo. Atualmente, o valor da ação está próximo dos R$7 e temos um preço-alvo para ela de R$20.” Luis PachecoOmar Camargo Corretora• Eztec (EZTC3) – “Parece que as coisas vão bem na construtora. O lucro Ebitda do segundo trimestre de 2010 subiu 38,6% em relação ao mesmo período de 2009. O lucro líquido superou o recorde anterior, o do primeiro trimestre deste ano, e atingiu os R$56,4 milhões. Com vários lançamentos previstos, a empresa parece ter um restante de 2010 de valorizações.”José GóesWintrade• Unipar (UNIP6) – “A Tovit recomenda a União de Indústrias Petroquímicas. Com a venda da Quattor para a Braskem, a empresa reverteu o forte prejuízo que teve no último trimestre de 2009. Os resultados no primeiro trimestre deste ano apresentaram um lucro líquido de R$4,4 milhões. A companhia espera, para os próximos meses, receber o dinheiro que falta pela venda da Quattor. A Tovit aguarda que a ação atinja até o fim do ano o patamar de R$1, uma valorização de 20% em relação a agosto.” Octávio FockuesTovit Corretora
Quais são as melhores ações para comprar por menos de R$10? A InvestMais fez essa pergunta para algumas corretoras e analistas do mercado. Confira as respostas:
• Fertilizantes Heringer (FHER3) – “Essa empresa sofreu muito com a queda do preço das commodities e foi obrigada a vender bastante fertilizante abaixo do valor de custo. Agora, o preço dos fertilizantes começou a se recuperar. Ainda não está no ideal, mas é um avanço. Outra boa notícia para a empresa é a intenção de o governo aumentar a autossuficiência do Brasil na produção de fertilizantes e a entrada da Petrobras e da Vale no mercado para produzir insumos como amônia e fósforo. Atualmente, o valor da ação está próximo dos R$7 e temos um preço-alvo para ela de R$20.”
Luis Pacheco
Omar Camargo Corretora
• Eztec (EZTC3) – “Parece que as coisas vão bem na construtora. O lucro Ebitda do segundo trimestre de 2010 subiu 38,6% em relação ao mesmo período de 2009. O lucro líquido superou o recorde anterior, o do primeiro trimestre deste ano, e atingiu os R$56,4 milhões. Com vários lançamentos previstos, a empresa parece ter um restante de 2010 de valorizações.”
José Góes
Wintrade
• Unipar (UNIP6) – “A Tovit recomenda a União de Indústrias Petroquímicas. Com a venda da Quattor para a Braskem, a empresa reverteu o forte prejuízo que teve no último trimestre de 2009. Os resultados no primeiro trimestre deste ano apresentaram um lucro líquido de R$4,4 milhões. A companhia espera, para os próximos meses, receber o dinheiro que falta pela venda da Quattor. A Tovit aguarda que a ação atinja até o fim do ano o patamar de R$1, uma valorização de 20% em relação a agosto.”
Octávio Fockues
Tovit Corretora
fui buscar na investmais aquilo que tinham postado sobre a unip6 a 1,00 em dezembro,só que a materia e de setembro,mais tá aí,abraços bom fim de semana a todos
-
17345 de 1738226/Nov/2010 20:23 [Citar este comentário] 0
2 GodspeedComentários: 1817 - Desde: Nov 2006
boas guerreiros...como falei na minha opiniao nada animador capital especulativo que entrou para o balanço saiu pelo obv...jogada... podem levar a 0,57 e 0,53..esse ultimo forte suporte e nele fazendo fundo da jogo...ou formando alguma nova formação de reversão , ja que as anteriores foram eliminadas...acho que Alberto e outros nao puderam sair do barco do Frank...como fez o Victor Adler ...agora é rezar para ter alguma coisa mto bem escondida..mas deve estar mto escondida mesmo pelo nosso comandante...espero que nao seja feito como a quattor....apesar disso 0,5x esta pode dar entradas na minha opiniao....abs
unip6.gif
17346 de 1738227/Nov/2010 00:19 [Citar este comentário] 0
2 rodrigo_cx650tComentários: 676 - Desde: Jan 2009
Rompeu LTA porem hoje manteve e fechou no azul (apesar da sangria geral), volume baixo mas melhor em relação ao anterior.MACD está no mesmo nivel da reversão anterior. Estocastica ainda no chão.
p.php?pid=chartscreenshot&u=bASSbU%2BGP3SCKyiz1IDhQUaUj76wWN8ZKKrpbDTgrUU%3D
02/09/2010
Carteiras Inusitadas
Por menos de dez reais
Por menos de dez reaisQuais são as melhores ações para comprar por menos de R$10? A InvestMais fez essa pergunta para algumas corretoras e analistas do mercado. Confira as respostas:• Fertilizantes Heringer (FHER3) – “Essa empresa sofreu muito com a queda do preço das commodities e foi obrigada a vender bastante fertilizante abaixo do valor de custo. Agora, o preço dos fertilizantes começou a se recuperar. Ainda não está no ideal, mas é um avanço. Outra boa notícia para a empresa é a intenção de o governo aumentar a autossuficiência do Brasil na produção de fertilizantes e a entrada da Petrobras e da Vale no mercado para produzir insumos como amônia e fósforo. Atualmente, o valor da ação está próximo dos R$7 e temos um preço-alvo para ela de R$20.” Luis PachecoOmar Camargo Corretora• Eztec (EZTC3) – “Parece que as coisas vão bem na construtora. O lucro Ebitda do segundo trimestre de 2010 subiu 38,6% em relação ao mesmo período de 2009. O lucro líquido superou o recorde anterior, o do primeiro trimestre deste ano, e atingiu os R$56,4 milhões. Com vários lançamentos previstos, a empresa parece ter um restante de 2010 de valorizações.”José GóesWintrade• Unipar (UNIP6) – “A Tovit recomenda a União de Indústrias Petroquímicas. Com a venda da Quattor para a Braskem, a empresa reverteu o forte prejuízo que teve no último trimestre de 2009. Os resultados no primeiro trimestre deste ano apresentaram um lucro líquido de R$4,4 milhões. A companhia espera, para os próximos meses, receber o dinheiro que falta pela venda da Quattor. A Tovit aguarda que a ação atinja até o fim do ano o patamar de R$1, uma valorização de 20% em relação a agosto.” Octávio FockuesTovit Corretora
Quais são as melhores ações para comprar por menos de R$10? A InvestMais fez essa pergunta para algumas corretoras e analistas do mercado. Confira as respostas:
• Fertilizantes Heringer (FHER3) – “Essa empresa sofreu muito com a queda do preço das commodities e foi obrigada a vender bastante fertilizante abaixo do valor de custo. Agora, o preço dos fertilizantes começou a se recuperar. Ainda não está no ideal, mas é um avanço. Outra boa notícia para a empresa é a intenção de o governo aumentar a autossuficiência do Brasil na produção de fertilizantes e a entrada da Petrobras e da Vale no mercado para produzir insumos como amônia e fósforo. Atualmente, o valor da ação está próximo dos R$7 e temos um preço-alvo para ela de R$20.”
Luis Pacheco
Omar Camargo Corretora
• Eztec (EZTC3) – “Parece que as coisas vão bem na construtora. O lucro Ebitda do segundo trimestre de 2010 subiu 38,6% em relação ao mesmo período de 2009. O lucro líquido superou o recorde anterior, o do primeiro trimestre deste ano, e atingiu os R$56,4 milhões. Com vários lançamentos previstos, a empresa parece ter um restante de 2010 de valorizações.”
José Góes
Wintrade
• Unipar (UNIP6) – “A Tovit recomenda a União de Indústrias Petroquímicas. Com a venda da Quattor para a Braskem, a empresa reverteu o forte prejuízo que teve no último trimestre de 2009. Os resultados no primeiro trimestre deste ano apresentaram um lucro líquido de R$4,4 milhões. A companhia espera, para os próximos meses, receber o dinheiro que falta pela venda da Quattor. A Tovit aguarda que a ação atinja até o fim do ano o patamar de R$1, uma valorização de 20% em relação a agosto.”
Octávio Fockues
Tovit Corretora
fui buscar na investmais aquilo que tinham postado sobre a unip6 a 1,00 em dezembro,só que a materia e de setembro,mais tá aí,abraços bom fim de semana a todos
-
17345 de 1738226/Nov/2010 20:23 [Citar este comentário] 0
2 GodspeedComentários: 1817 - Desde: Nov 2006
boas guerreiros...como falei na minha opiniao nada animador capital especulativo que entrou para o balanço saiu pelo obv...jogada... podem levar a 0,57 e 0,53..esse ultimo forte suporte e nele fazendo fundo da jogo...ou formando alguma nova formação de reversão , ja que as anteriores foram eliminadas...acho que Alberto e outros nao puderam sair do barco do Frank...como fez o Victor Adler ...agora é rezar para ter alguma coisa mto bem escondida..mas deve estar mto escondida mesmo pelo nosso comandante...espero que nao seja feito como a quattor....apesar disso 0,5x esta pode dar entradas na minha opiniao....abs
unip6.gif
17346 de 1738227/Nov/2010 00:19 [Citar este comentário] 0
2 rodrigo_cx650tComentários: 676 - Desde: Jan 2009
Rompeu LTA porem hoje manteve e fechou no azul (apesar da sangria geral), volume baixo mas melhor em relação ao anterior.MACD está no mesmo nivel da reversão anterior. Estocastica ainda no chão.
p.php?pid=chartscreenshot&u=bASSbU%2BGP3SCKyiz1IDhQUaUj76wWN8ZKKrpbDTgrUU%3D
Sunday, November 21, 2010
sobre magnesita
veja este link:
http://webcache.googleusercontent.com/search?q=cache:z5ZEtig6v2sJ:www.hojeemdia.com.br/cmlink/hoje-em-dia/colunas-artigos-e-blogs/diarios/negocios-s-a-1.11090/magnesita-quer-liderar-refratarios-ate-2012-1.175616+magnesita+produ%C3%A7%C3%A3o+consumo+mundo+china+ton&cd=1&hl=de&ct=clnk&gl=br
http://webcache.googleusercontent.com/search?q=cache:z5ZEtig6v2sJ:www.hojeemdia.com.br/cmlink/hoje-em-dia/colunas-artigos-e-blogs/diarios/negocios-s-a-1.11090/magnesita-quer-liderar-refratarios-ate-2012-1.175616+magnesita+produ%C3%A7%C3%A3o+consumo+mundo+china+ton&cd=1&hl=de&ct=clnk&gl=br
Saturday, November 20, 2010
ಸೋಬ್ರೆ minéರಿಒ ದೇ ಫೆರ್ರೋ ಎಂ karnataka
sobre o julgamento do direito do estado de impedir a exportação do minerio:
Dies ist der Cache von Google von http://www.deccanherald.com/content/114117/karnataka-high-court-upholds-iron.html. Es handelt sich dabei um ein Abbild der Seite, wie diese am 20. Nov. 2010 19:35:38 GMT angezeigt wurde. Die aktuelle Seite sieht mittlerweile eventuell anders aus. Weitere Informationen
Nur-Text-Version
Diese Suchbegriffe sind markiert: karnataka iron ore export ban state
Login | Register News updated at 12:26 AM IST RSS
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Sunday 21 November 2010
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Woman and child killed, 22 injured as bus falls into gorge DR Congo ex-vice president goes on trial for atrocities Malayalam actress Shanta Devi passes away Taj Gateway rated best 5 star hotel in Kerala Post-crisis economy will be different: IMF chief HM to launch 4 new variants to revive ageing ‘Ambassador’ Inquiry panel on illegal mining set up Father tries to sell infant for sacrifice Kerala minister in bus conductor’s role NATO plans to invite Russia to join missile shield Women power pushes up Bihar poll turnout Swedish police sends out international warrant for Wikileaks founder Fire in army's ammunition depot Goa CM skips queries on not inviting Amitabh Bachchan for IFFI Gambhir named ODI captain as Dhoni, Tendulkar, Sehwag rested Railways can't shirk off from ensuring passenger safety: HC MOIL IPO opens on Nov 26, price band to be announced on Nov 23 Court disallows narco test of Babbar Khalsa terrorist Exit polls predict win for BJP-JD(U) alliance Kerala lottery to revive daily draws NAL to invite EoI for aircraft project Teacher asks 3 students to jump into well, one drowned Debris clearance at east Delhi building collapse site ends Fonseka discharged from hospital, taken back to prison cell Shillingford reported for suspected illegal bowling action SEBI relaxation helps over-subscription of RPP Infra IPO Pranab virtually rejects demand for JPC probe into 2G spectrum scam 14 get jail terms for Kandhamal riots Namibian airport security chief arrested over dummy detonator Karnataka-Haryana match ends in a draw Eves outclass Kazakhstan to stay in title hunt Cong question's BJP silence on land-scam linking Yeddyurappa Silver lining for Tarapore Nato backs Afghan exit plan Revenue dept faces 50 per cent manpower crunch: Secretary Tata Teleservices ' 'fish finder' plan to cover coastal India Kumaraswamy makes another land scam charge Government has not got back on JPC demand, says BJP Hope diamond finds a new temporary home in US Five shot, injured in Pakistan over ludo game dispute Mecca blast accused sent to judicial custody Corruption has sullied Karnataka's image: Krishna British Minister to visit Delhi, to discuss defence ties Experts raise concerns over new curriculum in CBSE schools CBI court directs issuance of non bailable arrest warrant against Pak national Karnataka couple held for duping doctor Court grants bail to Raja Choudhary Tractors seized, power cut off, say Vidharbha farmers Boycotted Dalit woman commits suicide in Orissa Pakistani woman on death row likely to get pardon Indian American students develop new game application PM involved in conspiracy of silence over 2G spectrum: BJP Asian Games Boxing: Vijender in semis, Amandeep in quarters Ambedkar University to have Indian dress at convocation Asian Games squash: Saurav loses in semis, settles for bronze Sikh pilgrim's tents catch fire in Pakistan, no casualties Jagan's Sakshi channel attacks Sonia and Congress Geelani threatens to intensify Kashmir agitation Navi Mumbai airport project likely to get green signal Affidavit confirms all my issues on 2G spectrum: Swamy Indian men score second straight win in volleyball Maharashtra BJP leader gets a taste of five-star arrogance Pakistan denies receiving new proposals from India Indian businessmen see opportunity in Patil's UAE visit Aditya wins bronze, cueists finish with four medals at Games Bowlers cut short Kiwi flight
You are here: Home » State » High Court dismisses petitions challenging iron ore export ban
‘If illegal mining thrives even after these efforts, the State govt is to be blamed’
High Court dismisses petitions challenging iron ore export ban
Bangalore, Nov 19 (PTI)
In a reprieve to the State government in the illegal mining case, the High Court on Friday dismissed a batch of petitions challenging an order banning on export of iron ore issued by the State in the last week of July.
Hearing the petitions by V S Lad and Sons and others challenging the ban, a Division Bench comprising Chief Justice J S Khehar and Justice Abdul Nazeer observed that it found no infirmity in the impugned orders or grounds raised by the petitioners.
“We, therefore, hereby uphold the orders dated July 26, 2010, and July 28, 2010. Thus viewed, all the writ petitions are hereby dismissed,” the bench said.
The bench looked into the 13 contentions, including the Mining Act, customs, principles of natural justice and executive powers and other aspects, raised by the petitioners, and found no merit in the writ petitions.
“Despite the fact that we have found no merit in the writ petitions, we are of the view that for maintaining law and order, all necessary measures should be permitted to be adopted without any interference,” the bench said. It observed that the rights of the innocent parties should not be infringed on, as far as it is practically possible.
Impugned orders
“We were satisfied that the impugned orders were passed for the sole aim and object of eradicating illegal activities related to mining, transportation and storage of iron ore,” the Bench observed. Stating that the government order to curb illegal mining is laudable, the bench pointed out that the time taken to introduce regulatory measures cannot be endless.
“If there is an unreasonable extension thereof, by delaying the implementation of the measures, it may have the effect of transgressing into unacceptable terrain. “By a blanket order, without first distinguishing the wrong doers from those who are innocent, the executive government cannot adversely affect the civil rights of all those who are engaged in the export of iron ore for an unlimited period of time,” the bench said in its 221-page judgment.
Maintaining that the law supports only legitimate causes and not an abuse of the process of law, the court said it was legitimate for the State government to take about six months to put in place the contemplated measures for regulating activities connected with mining of iron ore in Karnataka. “If the aforesaid purpose is achieved, within the time expressed by the learned Advocate General, during the course of hearing, we are of the view that the exercise carried out by the State government may well be reasonable and legitimate,” it said.
Reasonable time
“In case the State government fails to implement the measures within a reasonable time, the intention of the State government may itself be subject to suspicion. “We may also record a note of caution here. The State government having taken such strong steps, cannot hereafter be heard to say, that illegal mining related operations are still going on in Karnataka,” the Bench observed.
The Bench said after the regulatory measures are imposed, the State government should assure the people of Karnataka, and the citizens of India that henceforth no illegal mining related activities are carried out in the State. Disposing of the writ petition, the Bench said if illegal mining thrives even after these efforts, the State government is to be blamed.
It rejected the petitioners’ contention that the State has no power to issue orders to ban the export of iron ore. “The State can exercise powers under Section 23 C of the Mines and Minerals Act. The State is vested with powers to curtail illegal mining,” the Bench added.
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User Comments
[ Post Comments ]
By: No Name
On: 20 Nov 2010 09:24 am
It is wrong to blame one particular political party for the mining scams. The miners are associated with political parties (some of them jump from one party to another) to safeguard their business interest. For political parties, mining lobby is the source of income for day to day activities. Our political and economic system, coated with corruption is behind so called mining irregularities. This will change over a course of time, hopefully before the these natural resources are completely finished. Until then the blame game continues with the ruling party at the receiving end. Imagine, what happens when thieves fight each other.. cheers...
Reply | Report abuse
By: guest
On: 19 Nov 2010 07:36 pm
High court up held the Govt order is a good sign. Most of the mine owners who are granted mining lease by proxy are to be convicted, which includes all political party bosses.
Reply | Report abuse
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Dies ist der Cache von Google von http://www.deccanherald.com/content/114117/karnataka-high-court-upholds-iron.html. Es handelt sich dabei um ein Abbild der Seite, wie diese am 20. Nov. 2010 19:35:38 GMT angezeigt wurde. Die aktuelle Seite sieht mittlerweile eventuell anders aus. Weitere Informationen
Nur-Text-Version
Diese Suchbegriffe sind markiert: karnataka iron ore export ban state
Login | Register News updated at 12:26 AM IST RSS
Deccan Herald
Sunday 21 November 2010
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Max: 27.5°C
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Partially cloudy
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Woman and child killed, 22 injured as bus falls into gorge DR Congo ex-vice president goes on trial for atrocities Malayalam actress Shanta Devi passes away Taj Gateway rated best 5 star hotel in Kerala Post-crisis economy will be different: IMF chief HM to launch 4 new variants to revive ageing ‘Ambassador’ Inquiry panel on illegal mining set up Father tries to sell infant for sacrifice Kerala minister in bus conductor’s role NATO plans to invite Russia to join missile shield Women power pushes up Bihar poll turnout Swedish police sends out international warrant for Wikileaks founder Fire in army's ammunition depot Goa CM skips queries on not inviting Amitabh Bachchan for IFFI Gambhir named ODI captain as Dhoni, Tendulkar, Sehwag rested Railways can't shirk off from ensuring passenger safety: HC MOIL IPO opens on Nov 26, price band to be announced on Nov 23 Court disallows narco test of Babbar Khalsa terrorist Exit polls predict win for BJP-JD(U) alliance Kerala lottery to revive daily draws NAL to invite EoI for aircraft project Teacher asks 3 students to jump into well, one drowned Debris clearance at east Delhi building collapse site ends Fonseka discharged from hospital, taken back to prison cell Shillingford reported for suspected illegal bowling action SEBI relaxation helps over-subscription of RPP Infra IPO Pranab virtually rejects demand for JPC probe into 2G spectrum scam 14 get jail terms for Kandhamal riots Namibian airport security chief arrested over dummy detonator Karnataka-Haryana match ends in a draw Eves outclass Kazakhstan to stay in title hunt Cong question's BJP silence on land-scam linking Yeddyurappa Silver lining for Tarapore Nato backs Afghan exit plan Revenue dept faces 50 per cent manpower crunch: Secretary Tata Teleservices ' 'fish finder' plan to cover coastal India Kumaraswamy makes another land scam charge Government has not got back on JPC demand, says BJP Hope diamond finds a new temporary home in US Five shot, injured in Pakistan over ludo game dispute Mecca blast accused sent to judicial custody Corruption has sullied Karnataka's image: Krishna British Minister to visit Delhi, to discuss defence ties Experts raise concerns over new curriculum in CBSE schools CBI court directs issuance of non bailable arrest warrant against Pak national Karnataka couple held for duping doctor Court grants bail to Raja Choudhary Tractors seized, power cut off, say Vidharbha farmers Boycotted Dalit woman commits suicide in Orissa Pakistani woman on death row likely to get pardon Indian American students develop new game application PM involved in conspiracy of silence over 2G spectrum: BJP Asian Games Boxing: Vijender in semis, Amandeep in quarters Ambedkar University to have Indian dress at convocation Asian Games squash: Saurav loses in semis, settles for bronze Sikh pilgrim's tents catch fire in Pakistan, no casualties Jagan's Sakshi channel attacks Sonia and Congress Geelani threatens to intensify Kashmir agitation Navi Mumbai airport project likely to get green signal Affidavit confirms all my issues on 2G spectrum: Swamy Indian men score second straight win in volleyball Maharashtra BJP leader gets a taste of five-star arrogance Pakistan denies receiving new proposals from India Indian businessmen see opportunity in Patil's UAE visit Aditya wins bronze, cueists finish with four medals at Games Bowlers cut short Kiwi flight
You are here: Home » State » High Court dismisses petitions challenging iron ore export ban
‘If illegal mining thrives even after these efforts, the State govt is to be blamed’
High Court dismisses petitions challenging iron ore export ban
Bangalore, Nov 19 (PTI)
In a reprieve to the State government in the illegal mining case, the High Court on Friday dismissed a batch of petitions challenging an order banning on export of iron ore issued by the State in the last week of July.
Hearing the petitions by V S Lad and Sons and others challenging the ban, a Division Bench comprising Chief Justice J S Khehar and Justice Abdul Nazeer observed that it found no infirmity in the impugned orders or grounds raised by the petitioners.
“We, therefore, hereby uphold the orders dated July 26, 2010, and July 28, 2010. Thus viewed, all the writ petitions are hereby dismissed,” the bench said.
The bench looked into the 13 contentions, including the Mining Act, customs, principles of natural justice and executive powers and other aspects, raised by the petitioners, and found no merit in the writ petitions.
“Despite the fact that we have found no merit in the writ petitions, we are of the view that for maintaining law and order, all necessary measures should be permitted to be adopted without any interference,” the bench said. It observed that the rights of the innocent parties should not be infringed on, as far as it is practically possible.
Impugned orders
“We were satisfied that the impugned orders were passed for the sole aim and object of eradicating illegal activities related to mining, transportation and storage of iron ore,” the Bench observed. Stating that the government order to curb illegal mining is laudable, the bench pointed out that the time taken to introduce regulatory measures cannot be endless.
“If there is an unreasonable extension thereof, by delaying the implementation of the measures, it may have the effect of transgressing into unacceptable terrain. “By a blanket order, without first distinguishing the wrong doers from those who are innocent, the executive government cannot adversely affect the civil rights of all those who are engaged in the export of iron ore for an unlimited period of time,” the bench said in its 221-page judgment.
Maintaining that the law supports only legitimate causes and not an abuse of the process of law, the court said it was legitimate for the State government to take about six months to put in place the contemplated measures for regulating activities connected with mining of iron ore in Karnataka. “If the aforesaid purpose is achieved, within the time expressed by the learned Advocate General, during the course of hearing, we are of the view that the exercise carried out by the State government may well be reasonable and legitimate,” it said.
Reasonable time
“In case the State government fails to implement the measures within a reasonable time, the intention of the State government may itself be subject to suspicion. “We may also record a note of caution here. The State government having taken such strong steps, cannot hereafter be heard to say, that illegal mining related operations are still going on in Karnataka,” the Bench observed.
The Bench said after the regulatory measures are imposed, the State government should assure the people of Karnataka, and the citizens of India that henceforth no illegal mining related activities are carried out in the State. Disposing of the writ petition, the Bench said if illegal mining thrives even after these efforts, the State government is to be blamed.
It rejected the petitioners’ contention that the State has no power to issue orders to ban the export of iron ore. “The State can exercise powers under Section 23 C of the Mines and Minerals Act. The State is vested with powers to curtail illegal mining,” the Bench added.
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User Comments
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By: No Name
On: 20 Nov 2010 09:24 am
It is wrong to blame one particular political party for the mining scams. The miners are associated with political parties (some of them jump from one party to another) to safeguard their business interest. For political parties, mining lobby is the source of income for day to day activities. Our political and economic system, coated with corruption is behind so called mining irregularities. This will change over a course of time, hopefully before the these natural resources are completely finished. Until then the blame game continues with the ruling party at the receiving end. Imagine, what happens when thieves fight each other.. cheers...
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By: guest
On: 19 Nov 2010 07:36 pm
High court up held the Govt order is a good sign. Most of the mine owners who are granted mining lease by proxy are to be convicted, which includes all political party bosses.
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