Monday 26 May 2014

First Accusation Of The Thorium Scam On VV Mineral

Thorium Scam
The Indian Bureau of Mines has revealed that the company involved in the illegal heavy mineral mining scam is VV Mineral. But the newspaper article that was published did not mention any names. The first claim that they stated said that there was certain evidence found which stated that there were some people who were denied access to the beaches where they conducted sand mining. They claimed that sand mining was conducted in these areas and was transported to warehouses where they stored the Monazite mineral.

According to the DNA article published on April 28th by Jaideep Prabhu, there are two possible explanations to this claim. Firstly, private corporations like VV Minerals cannot let unauthorized people to access their facilities ranging from warehouses or beach fronts where they conduct heavy mineral mining for safety and security reasons. According to his knowledge, it would even be illegal for private to companies to allow pedestrians in the mining areas. Secondly, these mining facilities are supposedly under the jurisdiction on AERB and only after you get authorization from them is it possible for the visitors and inspectors to enter the premises storing nuclear minerals.

Hence, there can be a logical explanation as to why these occurrences took place in the first place. VV Minerals India is a highly recognized heavy mineral mining company in India. It is family grown business started by Mr. S Vaikundarajan, Chairman of VV Group of companies. They are India’s biggest mining, manufacturers and exporters of Garnet. They have been awarded as the ‘Number One Garnet Exporters’ of our country. They also undertake Zircon mining,  Rutile mining and Ilmenite mining.

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