July 29, 2012 4:48 PM

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Mines, minerals are nation's wealth: SC

The Supreme court has said, mines and minerals are part of the nation's wealth. A bench of justices R M Lodha and H L Gokhale upheld the Jharkhand government's decision to cancel its recommendation to the Centre to grant mining lease in the state to six private firms. The court gave the ruling rejecting the private firms' plea that the state's act of withdrawing its recommendation to the Centre after making the same, was illegal. The apex court gave the ruling while dismissing a batch of appeal by various other firms challenging denial of mining lease to them in the state.

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