Goa cancels all iron ore trader licences in bid to flush out rogues

Apr 04, 2012 | 04:58 AM |

The government of Goa has suspended the licences of nearly 450 iron ore traders in the Indian state while it examines the legitimacy of the ore they’re trading. The order was issued late on Tuesday April 3 by the department of mines and geology. “We’re just temporarily cancelling the licences,” director of mines and geology Prasanna Acharya told Metal Bulletin. “Basically we’re not against legal mining; we’re just trying to make sure for our own record that there’s no illegal trader that’s....

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