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Global Mining Summit 2012
HighLights
 

a)      India is a leading mineral producer globally endowed with a rich resource base of several major minerals and offers an unmatched business opportunity to both domestic and global companies. Government of India is actively engaged with various stakeholders to address specific challenges in policy, permits, clearances, licenses, land acquisition, infrastructure, funding, technology and environmental sustainability.

 

b)     The future of the mining sector lies in laying emphasis on scientific mining so that state-of-the-art technology is used for exploration, efficiencies are realized, clean technologies and safe mining practices are adopted with adequate supporting infrastructure.

 

c)      Against this background, Confederation of Indian Industry (CII) in association with the Ministry of Mines, Government of West Bengal and Coal India Ltd. organized a two day international conference ‘Global Mining Summiton
5-6 December 2012 alongside the four day ‘International Mining & Machinery Exhibition’ (IMME) from 5th to 8th December 2012.

 

d)     The summit with the theme “Roadmap for Global Leadership” provided a platform to showcase best practices in technology, mine operations, equipments, logistics, material handling and beneficiation and other aspects that are required to make India a global leader in the mining sector. Sessions during the Summit focused on exploration, technology, policy frameworks and emerging business opportunities in the Indian mining and coal sectors.

 

e)      USA was the Partner Country while Australia was the Focus Country at the event. With over 8,200 domestic and global visitors, 218 exhibitors, including 60 from overseas, 6 country pavilions by the USA, Australia, Germany, UK, China, Czech Republic, IMME 2012 set new benchmarks.

 

f)       According to CII-McKinsey Report on the Mining sector released during the event, if the potential is tapped fully, the metals and mining sector can contribute to USD 150 Billion by 2020.

 

g)      The summit helped to evolve a roadmap for the mining sector in India. The deliberations during the summit emphasized that the GDP contribution of the mining sector needs to be increased to 8% to accelerate economic development of the country. It was pointed out that need of the hour is to infuse state-of-the-art technology into the processes and equipment so as to make it future ready.

 

h)      This sector can create as many as 13-15 million new jobs and in terms of tax revenues and other revenues to the Government and there is potential for as much as USD 50-70 billion worth of contribution.

 

i)        It emerged out of the deliberations that India is well positioned to meet demand for iron ore, coal and copper =which are expected to be the main drivers of global CAPEX. The summit and exhibition helped to facilitate new investments into the sector.

 

j)        Shri Partha Chatterjee, Minister-In-Charge, Commerce & Industry, IT, PE & IR and Parliamentary Affairs, Government of West Bengal and H E Wahidullah Shahrani, Minister of Mines & cluster coordinator for Economic & Infrastructure Development, Islamic Republic of Afghanistan inaugurated the Exhibition and Summit. During the Summit, Mr Chatterjee, announced that six new coal blocks have been identified for commercial production in West Bengal. He added that Kolkata will soon have a state of the art venue for International Trade Fairs.

 

k)      H E Wahidullah Shahrani, invited Indian investors to explore the immense investment potential in Afghanistan. He said that India with a robust future growth prospect is going to be the largest consumer of mineral while Afghanistan with its rich mineral resource can turn out into a major source of raw material for India.

 

l)         In his address Mr S K Srivastava, Secretary, Ministry of Coal, Government of India, emphasized the fact that private players will need to play a stronger role in the mining sector in the coming years and informed that Government will take all necessary steps for this.

 

m)     Mr Mr S Narsingh Rao, CMD, Coal India Ltd emphasized the need to have a dedicated freight corridor for coal transportation in India. Mr Chandrajit Banerjee, Director General, CII shared the recommendations on Draft MMDR Bill 2011 and expressed confidence that Government will give due consideration to key issues.

 

n)      Other key speakers during the Summit included Mr K D Diwan, CMD, Hindustan Copper Limited, Mr D N Prasad, Advisor, Ministry of Coal, Mr A Sundaramoorthy, Director General, Geological Survey of India,
Mr P Dwarakanath, Chairman and Managing Director, BEML Ltd., Mr Dean R Thompson, Consul General, Consulate General of the United States of America, Kolkata India.

 

o)     The industry leaders who attended the meeting included Mr Louis de Leon, President, Mining Products Division, Caterpillar Inc, Mr V K Arora, Chairman, CII Mining & Construction Equipment Division and President-Coal Services, Karam Chand Thapar & Bros (CS) Ltd. and  Mr R K Agrawal, Chairman CII Eastern Region and Managing Partner, S.R. Batliboi & Co.

 

p)      The second day of the Summit featured a Buyer–Seller meet between mining companies and equipment manufacturers wherein the perspectives from major mining companies on future business plans and equipment requirements was shared.

 
Description

CII organized the Global Mining Summit 2012 with theme Roadmap for Global Leadership on 5-6 December, 2012 at Kolkata.

 

India is a leading mineral producer globally endowed with a resource base of several major minerals like coal, iron ore, bauxite, etc.  It offers an unmatched business opportunity to both domestic and global companies.

 

The Indian mining sector plays a pivotal role in the country's infrastructure and economy.  Globally, India ranks 2nd in Chromite, 3rd in Coal & Lignite and Bauxite, 4th in Iron ore and 5th in Manganese.  The future of the mining sector lies in laying emphasis on scientific mining so that state-of-the-art technology is used for exploration, efficiencies are realized, clean technologies and safe mining practices are adopted with adequate supporting infrastructure.

 

As India gets ready to ramp up investments in the mining sector, the world mineral scenario is also witnessing significant changes. Government of India is actively engaged in policy dialogues taking policy liberalization process far beyond allowing 100% foreign direct investment in the sector.  It needs to address specific challenges in policy, procedures for permits, clearances, licenses and land acquisition, infrastructure, funding, technology and environment.

 

The Confederation of Indian Industry (CII) organized the Global Mining Summit 2012 (GMS 2012) on 5 & 6 December, 2012 at Kolkata, India concurrently with the 11th International Mining and Machinery Exhibition - IMME 2012 scheduled from 5 to 8 December, 2012 at Kolkata, India in association with the Ministry of Mines, Coal and Steel, Government of India and Coal India Limited.

 

The Summit focused mainly on Exploration, Technology, Policy and regulatory frameworks, emerging business opportunities in the Indian Mining sector, discuss strategies to achieve high growth in mining, role of financial institutions for developing the mining sector, environment and safety issues and provide a platform for exchange of views, ideas and business linkages among the Indian and global participants.

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Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
An Overview of Current Mining Operations & Business opportunities with Hindustan Zinc Ltd (Vedanta Resources Plc) by Mr R P Dashora, Asst Vice President – Mining, Hindustan Zinc Ltd
BE1800E Electrical Excavator by Mr P Dwarakanath, Chairman and Managing Director, BEML Ltd
Business Opportunities in Mining & Coal Sector by Mr Dinesh Shastri, General Manager - Global Mineral Resources, Tata Steel Ltd
Coal Mining in India – Prospects & Opportunities by Mr Gautam Dhar, Chief General Manager, Coal India Ltd
Competitive Indian Mining Industry – Rio Tinto’s Perspective by Mr M K Prem Kumar, Director- External Relations, Rio Tinto India
Cooperation between India and Poland in the mining sector and possibilities of its future development by Mr Tomasz Wisniewski, Economic Counselor, Embassy of the Republic of Poland in India
Core Sector Growth & Sustainability of Mineral Resource by Dr Arabinda Bandyopadhyay, President - Technology & Business development, CDE Asia Ltd
Cutting Edge Technologies for Growth and Expansion by Mr D N Prasad, Advisor, Ministry of Coal
Emerging Scenario of Coal in India by Mr D C Garg, Chairman and Managing Director, Western Coalfields Ltd
Environment Friendly Technologies in Material Handling Systems in Mining by Mr T M Haridas, Dy General Manager – Sales & Marketing, FL Smidth Pvt Ltd
Environmental & Social Issues Facing the Mining Sector by Mr Abhishek Singh, Principal Consultant, Environmental Resources Management
Geological Survey of India started its sojourn on 4th March, 1851 under the leadership of legendary Thomas Oldham by Mr A Sundaramoorthy, Director General, Geological Survey of India
Indian Mining Industry – Global Competitiveness by Mr Partha Mookherjee, Head – Mining Machinery, Larsen and Toubro Ltd
Latest Developments in Equipment Mining Technology by Mr Paul Freeman, Director - Sales and Marketing, Joy Global Eurasia
Mineral Resources of Afghanistan by H E Wahidullah Shahrani, Minister of Mines & Cluster Coordinator for Economic & Infrastructure Development, Islamic Republic of Afghanistan
Need for Exploration – An Australian perspective based upon real experience in India by Mr Arvind Misra, Managing Director, India Resources Ltd
Need to Focus on Exploration in India Context by Mr B N Phuloria, General Manager – Exploration, Jindal Power and Steel Ltd
NMDC’S Production Performance, Expansion Plans and Requirements of Equipments & Technology by Mr Sathees Kumar, General Manager – Engineering, National Mineral Development Corporation
Presentation by Mr Anurag Singal, Business Development & Coal operations, Essel Mining & Industries Ltd on behalf of Mr U Kumar, Consultant, Essel Mining & Industries Ltd, Aditya Birla Group at the Buyer Seller Meet: Roadmap for mining sector in India – perspectives from major mining companies on future business plans and equipment requirements of the IMME and Global Mining Summit 2012.
Presentation on “Buyer Seller Meet” by Mr A K Sen, Executive Director (Mining), Hindustan Copper Limited at the Buyer Seller Meet: Roadmap for mining sector in India – perspectives from major mining companies on future business plans and equipment requirements of the IMME and Global Mining Summit 2012.
Presentation on “Buyer Seller Meet” by Mr B Ramesh Kumar, Director – Planning & Projects, The Singareni Collieries Company Ltd at the Buyer Seller Meet: Roadmap for mining sector in India – perspectives from major mining companies on future business plans and equipment requirements of the IMME and Global Mining Summit 2012.
Reinvigorating the India Mining Sector by Mr Deepak Garg, Associate Partner, McKinsey & Company Inc
Reinvigorating the Indian Mining Sector
Risk Management – the Foundation for Safe and Productive Mining by Dr Tilman Rasche, Principal Advisor Risk and Assurance Simtars, Department of Natural Resources and Mines, Australia
Roadmap for Global Leadership by Mr Luis de Leon, President - Mining Products Division, Caterpillar Inc
Screening Optimization Through Screen Media by Mr Biswadeep Paul, Head -Screen Division, Tega Industries Ltd
The Future of Mining This Way! by Mr Soumitra Banarjee, President - Sandvik Mining, India Sandvik Asia Pvt Ltd
The Steel Scenario & Its Impact on Raw Materials by Mr Harsh Sachdev, Managing Director, S & T Mining Co Pvt Ltd
Upcoming Projects: Equipments Purchase Projections by Mr T K Sinha, General Manager, Coal India Ltd
 
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