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Banspani Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
SnapshotBanspani Mine is an iron ore operation located in the Barbil–Joda mining belt of Keonjhar District.

The mine produces iron ore fines and calibrated lump ore across multiple grade bands. Overburden is handled and disposed of in designated dumps in accordance with approved mine planning and reclamation practices.

The Banspani Mine is an established operation with existing infrastructure, regulatory approvals in place, and ongoing compliance under the Mineral Conservation and Development Rules (MCDR), forming part of OMC’s portfolio of iron ore assets in Odisha.

Owners

SourceSource
CompanyInterestOwnership
Odisha Mining Corporation Ltd 100 % Indirect
Banspani is owned by Odisha Mining Corporation Ltd. As a wholly state-owned enterprise, OMC operates under the complete ownership of the Government of Odisha.

Deposit type

  • Banded iron formation hosted

Summary:

The Iron ore deposit of Banspani Iron Ore mines forms a part of Horse-shoe Synclinorium, near to the closure of the major Synclinorium. The major lithological units of the area comprised of mainly Banded Iron Formation (BIF) with several major granitic intrusive e.g. Singhbhum, Bonai, Mayurbhanj Granite etc. along with the volcano Sedimentary sequences.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Water usage

Parameter20242023
Fresh water 19.1 ML
Recycled water 6.82 ML
Surface water 21 ML
Groundwater 19.4 ML

Commodity Production

CommodityUnits20242023
Iron Ore t  ....  Subscribe  ....  Subscribe
All production numbers are expressed as lump & fines.

Operational metrics

Metrics20242023
Annual ore mining capacity  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Operating Costs

Currency2024
Total operating costs ($/t milled) INR  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 2, 2026
....................... Subscription required ....................... Subscription required Feb 7, 2025
....................... Subscription required ....................... Subscription required Feb 7, 2025

Workforce

Aerial view:

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