KIOCL to begin Chikkanayakana mining by November 2009

June 27, 2008

June 27th (Steel Guru) – It is reported that Kudremukh Iron Ore Company Limited is likely to start mining operations at Chikkanayakana by November 2009.

The mine is expected to produce 1 million tonnes per annum of ore, out of a total requirement of 3.5 million tonnes per annum pellets plant. It is learnt that the following reserves allocation by the centre, the Karnataka government has awarded the mining lease to KIOCL for 116.55 hectare in Humbalghatta in Tumkur district. The deposit is estimated to have a mineable reserve of 10 million tonnes per annum.

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