OREANDA-NEWS. July 25, 2011. Due to incessant rains of about 200 mm in about 8 hours in continuation of consistent heavy rains during last 3 days, this has occurred in-spite of taking best mine management practices. The matter is being technically investigated for future mitigating measures in all mines of Sesa. The loss is being assessed and the company will not only compensate adequately but reclaim the agricultural lands affected to restore it to its original condition.

Sesa is India's largest producer and exporter of iron ore in the private sector. The company is a majority owned and controlled subsidiary of Vedanta Resources plc, the London listed FTSE 100 diversified metals and mining major. For over five decades, Sesa has been involved in iron ore mining, beneficiation and exports. Over the last two decades, it has diversified into the manufacture of pig iron and metallurgical coke. Sesa has mining operations in Goa and Karnataka while it also operates a 280,000 TPY metallurgical coke plant and a 250,000 TPY pig iron plant in Goa.