India throws $15 bn lifeline to world's iron ore miners

Mines

Yediyurappa, resigned after being implicated in a $3.6 billion illegal mining scam.

State measures have otherwise been motivated by a range ofconcerns from damage to the environment by unregulated mining to loss of state revenues from illegal movements of the ore. "The total learning from this is to abide by the law," saidFaisal Shareef, managing partner with Nadeem Minerals, whose mine in Karnataka will restart later this week but will only be allowed to produce about a fifth of pre-ban volumes.

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