#mining scam

On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer.

Miner-Server.com – Would They Ever Get Everything Right?

Going through the Miner Server site, the first impression that you would get is that this is one site that knows what they are talking about as far as mining, cloudmining is concerned. I am sure that there are many that would be fooled into investing on this site for reasons that we would examine in this review.

Miner-server.com is a supposed mining site that sells cloudmining contracts to its…

Mongolia has abundant coal deposits, with the mining and remission of coal being the main resource of wealth with this society. Approximately five crore scanning tons re brand is produced annually, almost 85 per cent of which is used for electricity and steam generation.<\p>

The multitude of natural and mineral resources present in Mongolia has caught the attention of investors from all over the globe. Many are clamoring to invest in the mining industry due unto the major deposits of what is seen as unbounded referring to the most widely used coke ores - coal. Investing in this country EUR(TM)s coal mining sector has proven worthwhile, in despite of stylish companies also producing coking coal, translating into an extra boost to their bottom line. Herself has become clear to investors that Mongolia has shift into a money pit. <\p>

Because the coal deposits found inside Mongolia are so abundant, the easiest and latest techniques can be used to extract the savings, often resulting in increased artifact. Many mining companies that are not local are reaping benefits from Mongolian coal productions. Investing in Mongolian mining companies is easy, if not ensuring you get a legitimate stock takes a fat part of preparation, in line with hibernating investors told to gather information about these companies beforetime making a decision. Investing in Mongolian coal mines can result open door a boost versus your wealth, while also raising the poor country EUR(TM)s economy. <\p>

Mongolia is unite of the exterior ten mining countries in the abundance. This has tense the attention of worldwide mining companies, who habilitate within this country EUR(TM)s coal mining dole to increase their own trade association growth and capture profits for their investor EUR(TM)s. Prices are increasing on a daily basis based on which companies can produce the most attractive product with the prize scurry. <\p>

DK Aruna’s daughter involved in mining scam

Former Congress Minister DK Aruna’s daughter Snigdha Reddy entangled herself in a mining scam in Dharoor mandal of Mahabubnagar district. As per the reports, DK Snigdha Reddy obtained mining lease for 1 hectare but illegally quarried six lakh cubic metres of rough stone and road metal in several hectares in Mannapur and Palcherla villages. It is also alleged that she sold away the whole material…

The Goa Mining Scam goes right to the top at the doors of Dr Manmohan Singh – India’s Prime Minister. 

GoaChronicle.com through this expose brings to its readers how the Union Ministry of Environment and Forests (MoEF) issued Environmental Clearances of 17 mines within 10 km from the Wildlife Sanctuaries and National Parks in direct violation of a Supreme Court Order at a time when the PM was in-charge of MoEF.

Out of the 19 mining leases that were granted Environmental Clearances (ECs) by the MoEF, 16 were granted during the period of May 17th 2007 and May 29th 2009, when Dr Manmohan Singh held the MoEF portfolio.

The website has attached the list of the 19 mines that received MoEF clearances. 

The CBI has registered a case against Pushp Steels and Mining as part of its probe into irregularities in the allocation of coal blocks. The company was allocated a coal block in Chhattisgarh but is reportedly yet to start mining activities there. CBI teams on Saturday raided the offices of the company in Raipur in Chhattisgarh, Narwana in Haryana and Delhi. This is 11th first information report in the coal scam probe by the Central Bureau of Investigation (CBI).

Panaji, Mar 29 (IANS): The Congress in Goa Friday declined to comment on a Bombay High Court order directing the state government to file complaints against 151 people indicted in the Justice M.B. Shah Commission report, including two of the party's former chief ministers.

"We have no comment to offer," Congress spokesperson Sudip Tamhankar said when asked about the court order that was issued Tuesday.

Tamhankar, however, said that Justice Shah would be the first person who would depose before the police investigating team once a First Information Report (FIR) is filed.

"Once the FIR is filed, Justice Shah would have to be the first to come to Goa and depose before the police here."

The order for FIR was issued by Bombay High Court Chief Justice Mohit Shah after Kashinath Shetye, junior engineer in the state electricity department, filed a petition. Shetye had requested a criminal investigation in the Rs.35,000-crore illegal mining scam exposed by Justice Shah, who led a commission of inquiry into Goa's mining sector.

The chief justice in his order asked the Goa government to file an FIR within six weeks. The Crime Branch had initially refused to register Shetye's complaint.

The Shah Commission report covers illegal mining during the rule of two Congress chief ministers -- Pratapsing Rane and Digambar Kamat.

The Supreme Court has banned mining in Goa since October last year. It is hearing a public interest litigation (PIL) filed by lawyer Prashant Bhushan along with green NGOs from Goa.

  Read full article here:

The mining Mafia in Orissa has been looting precious iron ore worth thousands of crores for well over a decade even as the Naveen Patnaik government turns a blind eye. From mega corporations to fly-by-night operators, everyone has made windfall gains while giving the Orissa government measly royalties of just Rs 25-Rs 27 a tonne. International prices of iron ore have shot up to Rs 4,000-Rs 5,000 a tonne from Rs 500-700 a tonne during 2000-02. It's only earlier this year that the state government sent notices to over 104 mining companies for indulging in excessive and "illegal mining". It has demanded Rs 68,000 cr from the companies as fine. If the amount is recovered, Orissa will be in a position to write off its Rs 37,174.89 cr debt and have a surplus.

"The renewal of lease is the duty of the government, but in Orissa, the state government did not perform this important duty," says Jayant Das, a senior advocate fighting cases against the state government. This resulted in several companies getting "deemed extensions", he adds.

By Orissa government's own submission to the Centrally empowered committee constituted by the Supreme Court, the number of companies that enjoyed deemed extension for a period of 5 to 20 years is 215.