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The latest scam that has come out is the coal mining scam in which the government has had a presumable conservative loss of Rs 1.86 trillion (short scale), due to the delayed implementation of a competitive bidding process for allotment of coal blocks, says the Comptroller and Auditor General of India (CAG).
Salting is considered a form of confidence trick and has been employed throughout history to defraud stakeholders in the mining industry. Examples are the diamond hoax of 1872 and the former Canadian gold company Bre-X .
The Uttar Pradesh illegal sand mining scam is a political scandal relating to events that occurred in 2012–2017 during the Samajwadi Party (SP) rule. It is being investigated by the Central Bureau of Investigation (CBI) on the 2016 orders of Allahabad High Court for allowing illegal mining in 7 districts of Uttar Pradesh – Shamli, Hamirpur, Fatehpur, Siddharthnagar, Deoria, Kaushambi and ...
Cliffs Natural Resources is beating a retreat north of the U.S. border. The company announced that it is indefinitely suspending its chromite project in the far north of Ontario by the end of Q4 ...
Sand pit along the Mississippi River, United States Artificial lake with frac sand dredger. Sand mining is the extraction of sand, mainly through an open pit (or sand pit) [1] [failed verification] [2] but sometimes mined from beaches and inland dunes or dredged from ocean and river beds. [3]
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Sand smuggling is the cross-border environmental crime [1] of illegal transportation of often illegally extracted natural sand and gravel. [2] While sand smuggling and illegal mining are global concerns, they are especially acute in Asia, where continuing urbanization and the region’s large construction boom are driving the increasing demand for sand. [3]
Sand theft or unauthorised or illegal sand mining leads to a generally unknown global example of natural and non-renewable resource depletion problem comparable in extent to global water scarcity. [1] [2] [3] Beach theft is illegal removal of large quantities of sand from a beach leading to full or partial disappearance of the beach. In India ...