Submitted in partial fulfillment of the requirement of BBM II Sem

AProject report

onMSPL BALDOTA PVT.LTD

2010-2011Project guide

Mr. B.VIJAYA KUMAR MBA

PROJECT REPORT SUBMITTED BY: S.DENNIS RICHARD SON

REG. NO –M1010471

DEPARTMENT OF COMMERCE &MANAGEMENT VEERASHAIVACOLLEGE,

BELLARY

ACKNOWLEDGEMENT

I am greatly indebted to MR.B.VIJAYA KUMAR, project guide,Without his aid and willing co-operation, work could not have Been completed in time. It had been a pleasure and privilege To work under his able guidance, in spite of his pre-occupationWith the college assignments; he has been kind enough to spare his valuable time for giving necessary guidance. I am deeply indebted to DR.M.RAMACHANDRACo-coordinator, for in spring guidance without which the work Could not have been completed effectively and in time.I wish to express my gratitude to the librarian for their valuable Co-operation and assistance.At last but not least I wish to express my gratitude toMSPL BALDOTA PVT.LTD, for granting thePermission for in-plant training and assisting inCompletion of my project report efficiently and effectively.

S.DENNIS RICHARD SON

CERTIFICATE

This is to certify that the survey report on

“ORGANISATION STUDY OF MINING”

A case study of

“MSPL BALDOTA MINING PVT.LTD”

Has been successfully completed under my guidance, submitted by S.DENNIS RICHARD SON in order to partial fulfillment towards the degree of bachelor of business management, of Vijayanagara Sri Krishnadevaraya University.

Place: BellaryDate:

MR.B.VIJAYA KUMAR

MBA VEERASHAIVA COLLEGE

BELLARY.

CERTIFICATE

This is to certify that the survey report on

“ORGANISATION STUDY OF MINING”

A case study of

“MSPL BALDOTA MINING PVT.LTD”

Has been successfully completed under the guidance of MR.B.VIJAYA KUMAR, submitted by S.DENNIS RICHARD SON in order to partial fulfillment towards the degree of bachelor of business management, of sir vijayanagara Krishnadevaraya University.

Place: Bellary

Date:

DR. M.RAMACHANDRA M.com,Ph.D

Head & co-ordinator Department of commerce And management

veerashaiva college, Bellary.

DECLARATION

I S.DENNIS RICHARD SON hereby declare that this survey work Entitled

“ORGANISATION STUDY OF MINING AT “MSPL BALDOTA MINING PVT.LTD”

Is a record of the survey work carried out by me during the period of academic study in “VEERASHAIVA COLLEGE”

BELLARY at the development of commerce and management studies under the guidance of MR.B.VIJAYA KUMAR in the partial fulfillment of the requirement of the bachelor of

degree in business management of sir vijayanagara Krishnadevaraya University.

S.DENNIS RICHARD SON VEERASHAIVA COLLEGE

BELLARY.

CONTENTSINTRODUCTIONNEED OF THE STUDYOBJECTIVESRESEARCH METHODOLOGY.PRIMARY SOURCE.SECONDARY SOURCEPERIOD OF STUDY

INDUSTRY PROFILE

COMPANY PROFILE

COMPETITORS OF THE COMPANYMISSION AND VISION.THE VISION AND MISSIONSTAND ON THE PILLARS OF MSPL’S5 CARDINALSPRODUCT PROFILELOCATIONQUALITY FUNCTIONAL DEPARTMENTSMINE AREARESERVESSALIENT FEATURES OF MINE SITEPROCESSING OF MINING OPERATIONSITE SERVICES AND MAN POWERBOARD STRUCTURE, COMMITTEES & RESPOSIBILITYPRODUCTION PROCESSPROCESSING OF IRON ORE MINING METHODOLOGYCRUSHER AND SCREENING PLANT OF 150TPHWASTE GENERATIONCONCLUSION

INTRODUCTION

The plant training report will help to gain practical knowledge of the course .the organization in this particulars case is mspl baldota pvt.ltd.

In this training report an attempt is made to understand the working of an organization as whole with the managerial aspect. this company helps to know the production function, the personal function, finance function in the organization and other function like plant machinery, transport department and sales department.

Need of the studyThe present study on “mspl baldota pvt. Ltd.”Gains a considerable significance as there no earlier studies.

Objectives To know the functional overview To know the organization structure To know the different between theory and practical To understand organization problem

Research methodologyThe study is empirical in nature. Both primary and secondary source of data is used for the study

Primary sourcethe data was collected through primary source by conducting discussion with the employees of the company and with the help of survey method.

Secondary sourceThe secondary data is collected from websites, annual reports, study materials, magazines of mspl baldota pvt. ltd .

Period of studyThe study has been limited to a stipulated time for a period of one month only i.e., 7th march to 7th April.

ORGIN OF THE COMPANY

MSPL was originally founded by the late Shri. Abheraj H. Baldota in 1961.Mspl is involved in the production of iron ore since the year 1962at their mining lease under the name of “VYASANAKERE IRON ORE MINE” located in Bellary-Hospet region of Karnataka State.

The company is headquartered in Mumbai, India. MSPL is an ISO 9001:2000, ISO 14001:1996 and OHSAS 18001:1999 certified company.

MSPL business and operations are currently headed by the son of late Mr. Abheraj H. Baldota, Mr. Narendrakumar A. Baldota and his two sons, Mr. Rahulkumar N. Baldota and Mr. Shrenikkumar N. Baldota, all of whom are on our Board.

The total mining lease area under the copper mountain hill range that is a part of lease land in revenue area. Necessary permission is obtained from the government.

MSPL has obtained all required environmental clearances from the national government to perform mining activity in the specified area which confirms that the activity is safe and does not possess any threat to the environment.Mspl is been granted lease for mining iron ore over an extent of 347.22 Hectares (ha) in the Bellary-Hospet region of Karnataka State.

INDUSTRY PROFILE

Name of the company:

“MSPL BALDOTA MINING PVT.LTD”

Chairman and managing directors of the company:

Mr. Narendrakumar A. Baldota Chairman & Managing DirectorMr. Rahul Kumar N. Baldota Executive Director

Mr. Shrenik Kumar N. Baldota Executive Director

ADDRESS OF THE COMPANY:

Mspl limitedBaldota enclave,abheraj baldota road,hospet-583203karanataka,india

“MSPL BALDOTA MINING PVT.LTD”Background:MSPL, a four decade old and flagship company of Baldota group, is in the business of mining, processing andexporting of high grade iron ore, with iron contents of

COMPANY PROFILE

64% and above. MSPL was the first private sectorcompany to receive license for export of high grade iron ore. Today, about 95% of iron ore mined and processedby MSPL is exported (directly or indirectly) - entirely to China and balance 5% is sold locally. Iron ore businessconstitutes about 95% of the total revenue, Wind power business constitutes 3.5% of the revenue and balance1.5% of the revenue is coming from Gas business. Baldota group is in process of corporate restructuring, whereall the iron ore mining activities and wind power business of the group will be concentrated in MSPL. Witheffect from 1st April 2006, as per the corporate restructuring plan, Gas business will be transferred to anothergroup company and MSPL Exports, a partnership firm engaged in the processing of iron ore will be merged withMSPL.COMPANY DESCRIPTION:MSPL Limited. (MSPL) is an iron ore mining, processing and exporting company. MSPL is a flagship company of the Baldota Group of Companies, which are privately owned principally by the Baldota family. The company is one of India`s leading exporters of high-grade processed Iron Ore to China. Furthermore, MSPL is also own and operate wind farms with a current installed capacity of 127.8 MW. Some of these wind farms are situated in Harpanahalli, with a capacity of 46.25 MW, Chitradurga, with a capacity of 38.35 MW, in the State of Karnataka, and Satara, with a capacity of 1 MW, in the State of Maharashtra. The company also established additional 16 turbines of 1.25 MW capacity each at Dhule in Maharashtra and 9 turbines of 600KW capacity each in Harihar in Karnataka.

Competitors of the company: Vsl mining company pvt.ltd Sandur Rmmpl(ramgad minerals &mining pvt.ltd) Ramgad Skmpl (sai Krishna mining pvt.ltd) Dharmapur

Mission and visionMission:'To become the leading Supplier of iron ore And wind energy in The country by meeting The direct and implied Needs of domestic and Global customers to

Their best satisfaction, Through the employmentOf and services of Committed and Knowledgeable team Members'

Vision: ‘Guided by principlesOf sustainability We will be a conglomerate Driving the nation's Growth by establishing standards of excellence in adding value to nature’s resources'

The Vision and Missionstand on the pillars of MSPL’s5 CARDINALSConcern: A genuine and meaningful interest in the environment, by embracing green technologies, Afforestation programs and air, water and soil managementcare: For the community we work in, by taking initiatives that make a real difference at the grass root level in the areas of education, healthcare and overall enhancement in the living standards of the community core values:These are quality,customer relations, safety, care for environment, ethical business practices,forming the basis on which the group functions and supports the framework of its operations. Creativity:Innovatively harnessing the resources to find creative solutions than augment business operationsCommitment:An unflinching promise of providing nothing short of the best in quality and quantity through state-of-the-art R&D and continuously upgrading the skillquotient of managers and workers

product profile:mspl offers consistent grades of iron ore products which meet the quality demands of

international and national customers .Product type Iron ore

finesIron ore

fines(high grade)

Calibrate ore

Chemical properties

fe63.50%

64/65% 63.5%

Sio2 3.00%2.50% 3.00%

Ai2o3

3.00%

2.50% 3.00%

s 0.02%

0.02% 0.02%

p0.07%

0.06% 0.07%

moisture

6.00%6.00% 6.00%

Physical properties

Below 100mm-

95%

Below 10mm-

95%

Size 10mm-40mm

Below 150micron-

40%

Below 150

micron-40%

Below 10mm-15%

Above 10mm-5%

Above 10mm-

5%

Above 40mm-7%

LOCATION

Our Vyasanakere Iron Ore Mine, an open cast iron ore mine, is located in the Bellary-Hospet region of Karnataka State and is one of the largest Iron Ore mines in the

private sector in this region. The mine is located within a 347.22 hectare area and is located about 2.5 Km from the National Highway No.13. By road the mine is approx.

23 Km south of Hospet and 413 Km east of the seaport of Goa.

The Vyasanakere railway station is only 3 Km from the mine and is accessible by a dedicated road that runs between the mine and the railway sidings, providing direct

rail access to several regional and major cities and ports. By rail the Station is around 12 Km south of Hospet and 573 Km west of the seaport of Chennai.

VIOM is one of the largest Iron Ore mine in the private sector in the Bellary-Hospet region of Karnataka State. Float ore mining activity for Iron Ore began here during

1962. Mechanization began in 1977 with the introduction of excavators and pay loaders. Presently, the mine is mechanized to handle approximately seven million

metric tons of ore and waste per annum.

In 1981, a small-scale processing plant was installed, and in 1991, a downhill conveyor system was introduced. A beneficiation plant was introduced in 1993 and a

larger capacity crushing and beneficiation plant was added in 2002.

Quality :Quality is a passion at viom. Every thing that moves out of viom premises bears the stamp of quality .the guiding principle is that properties of iron ore cannot be altered, it cannot be an excuse for our discerning customers.Quality monitoring starts much before the actual mining operation.an elaborate exploration of the mine is undertaken.the face samples are drawn and analyzed.

Sampling and analysis undertaken.at the time of excavation to confirm the results of the exploration.the process plant is the next stage of sampling whereby proper working of the plant is assessed. The final product is then analyzed before dispatch and the proper blend is ascertained.

The following activity briefly describes quality standards followed at the mines :

Face samples are taken and analyzed for physical and chemical properties on a day to day basis

Blast hole drill cuttings are collected at different depths Selective mining is being done for different grades and contamination Samples are taken from each truck. Average sample is prepared and analyzed Different stock piles are made of end products from screening plant.these stock piles

are analyzed before dispatching to customer Samples are drawn at loading point by qualified and experienced persons like

geologist,chemist,and samplers is formed to monitor the qulity and to process the feed .

Functional departments

Production department

Human resource department

Finance department

Plant machinery department

Purchase department

Transport department

Sales departments or marketing department

MINE AREA

The mine area is a revenue area out of the total area of 347.22 Hectares (ha) & deposit of high grade iron ore in the state.

RESERVESthe vyasanakere mine is estimated to have 20.83 million tones of proven iron ore reserves at an average grade of 65.0% fe, and 8.53 million tones of probable iron ore reserves at an average grade of 64.5% fe, for a total of 29.36 million tones of reserves at an overall average grade of 64.8% fe.

SALIENT FEATURES OF MINE SITE

The following table shows figures out of the features of mine site

FEATURES DETAILSMax Temperature 44Min Temperature 20Annual Rainfall 450-500mmLAND AVAILABILITY 347.22 Hectares (ha)TOPOGRAPHY UNDULATEDSOIL TYPE LATERITICCAPACITY 2.5 MILLION TONS OF IRON ORE PER

ANNUM.METHOD OF WORKING OPENCAST MININGWASTE ACCUMULATION 105000 M3 PER MONTH

MSPL Exports now called as MSPL EOU-II. Another 100% EOU is established at Vyasanakere Iron Ore Mine for crushing and screening.Crushing & Screening PlantIn the primary processing plants the ore is initially crushed and screened into three categories of material:

Fines (0-10 mm) Calibrated lump ore (10-35 mm) Oversize (+35 mm)

Oversize ore is sent to our secondary crusher, where it is further crushed into fines and calibrated lump ore. This calibrated lump ore is sent to the reprocessing plant, where excess fines are removed. These fines are further wet screened and classified into:

Aggregates (1-10 mm) Concentrates (0-1 mm)

PROCESSING OF MINING OPERATION

SITE SERVICES AND MAN POWER

Numbers indicated in brackets pertain to probationary employees of MSPL having joinedWithin 6 monthsPrior to March 31 2009, and the total is not inclusive of these. The above figures are for MSPL Limited(Inclusive of VIOM, EOU-I, EOU-II and Corporate Office)

TOTAL EMPLOYEE STRENGTH

2006-07- 1179 2007-08- 1710 2008-09- 1699 Our employee strength remained stable with a small decrease of 11 personnel

Grade Units 2006-07 2007-08 2008-09

ManagerDirectorOfficerStaffWorkerTotal

Nos.Nos.Nos.Nos.Nos.Nos.

325(8)117(14)242(21)792(69)1179

329(1)124(15)270(35)1284(141)1710

336(7)133(11)307(16)1220(18)1699

employee strength

at the year end, compared to previous Year end. Employee strength increased across Manager, Officer and Staff categories but decreased in the worker category. In addition to the employees on our rolls, 16 experts have been contracted as consultants. We also have 77 contract workers at our mines

MSPL PVT LTD.... provides the following services as per

Statutory requirements:-

Rest shelterSite officeToiletsTemplesFirst aid stationsDrinking water facilityCanteen facilities

BOARD STRUCTURE, COMMITTEES & RESPOSIBILITY

MSPL's Board is led by the Chairman & Managing Director.The Board composition is unchanged since the previous reporting periodAnd comprises seasoned industry veterans and dynamic business leaders.Mr. Narendrakumar A. Baldota Chairman & Managing DirectorMr. Rahul Kumar N. Baldota Executive Director

Mr. Shrenik Kumar N. Baldota Executive Director

It includes three independent Non-Executive Directors.

Mr. A.R. Barwe Chairman-Audit Committee

Mr. R.H. Sawkar Chairman-Remuneration CommitteeMr. M. Ravindra Chairman-Security Transfer &

Investors Grievance Committee

Audit Committee

Security Transfer

and investors grievance

Committee

COMMITTEE OF DIRECTORS

Mr. Narendrakumar A Baldota(Chairman)

Mr. Rahul Kumar N Baldota

Mr. Shrenik Kumar N. Baldota

Deliberation on and resolution ofmaterial issues of the Company.

Directors of strategic investmentswithin the investments guidelines

established by the Board.

Mr. A.R. Barwe (Chairman)

Mr. Shrenik Kumar N. Baldota

Mr. R.H. Sawkar

Mr. M. Ravindra

Review of internal checks andbalances as well as internal

audits. Determination of auditfindings. Oversight of financial

records and disclosure.

Mr. R.H. Sawkar (Chairman)

Mr. M. Ravindra

Mr. A.R. Barwe

Handling of Investors

grievances. Oversight of

securities transfer.

.Mr. M Ravindra (Chairman)

Mr. Rahul Kumar N. Baldota

Mr. Shrenik Kumar N.Baldota

INTRODUCTION

Mine lease area covers an extent of 347.22 hectares [ha] & deposit of high grade iron ore.the total mineable reserves available are about 29.36 million tones .the following gives the

summary or reserves in the lease areas:

IRON ORE RESERVES [MILLION TONES]

Proven 20.83

8.53

29.36

Probable

Total

Processing of iron ore

PRODUCTION PROCESS

The iron ore produced from the viom is rich in iron ore contenty with low impurities.the iron ore is recoverd in the form of lumps [40%]&fines[60%].

The iron ore produced from the mines is transported to the crushing plant &dry screening at the crusher plant located a the foot of the outside the mine lease area for

the final product Recovery. The waste generated from the working pit is directly disposed to the dump area located with in the mining lease area .

The run of mine is subjected gravity size operation at the working pit for removal of fines &oversize is transported to the beneficial plant for crushing. The crushed ore

passed through vibratory screens to yield three products namely +35mm;-35mm;&-10mmsize.+35mm size is recycled to secondary crusher for 30mm to +10mm&-10mm.

Thus only two final products are produced . the iron ore of greater than +10mm as per consumer requirements .

The waste generated from the working pit is directly disposed to the dump areas located with in the mining lease area .the crushed ore is passed through the vibratory

screens to yield three products namely +30mm,30mm,+10mmsize.

MINING METHODOLOGY:

Viom is adopting mechanized opencast mining methodology. It involves development of benches of 7meters high, drilling, blasting, screening, and loading of blasting material by excavators into tippers, Transportation of finest end users and lumps to crushing plant.

For wining iron ore and to avoid contamination phylite is stripped and removed in advance to expose the iron ore deposit .the over burden is remove with the help of hydraulic shovel without drilling and blasting wheel loader tippers are used for loading and transporting of blasted material from the working faces .

The development work on foot wall is being done by push back method parallel to the quarry of deepening.

CRUSHER AND SCREENING PLANT OF 150TPH:

The run of mine feed to bunkers where over size materials are separated from static grizzly. the rest of passed through feed hopper to vibro grizzly to separate -80mm size to bypass primary crusher and by passed -80mm is conveyed to primary screening through bc-1[Belk conveyer][double deck].

Where material is separate into three fractions namely:-10mm,+10mm to -35mm and + 35mm is feed to secondary screen [double deck]by bc -3,where again ,material is split into three fractions namely-10mm[fines]+10mm to -35mm[clo-clibrated ore ] and +35mm[oversize ].+35mm[over size is recycled ….]

All the iron ore is half sale able grade .after crushing and screening, the calibrated ore and fines are supplied to mmtc, cement plant and other exporters.

Waste generation:

The major sources of waste from mining activities are that of overburden or mine waste that is continually generated during mining. Our mining operations are carried out in a mine area of 347.22 Ha, under reserve forest land that have been leased out to us by the government. The lease procured includes an additional 3.56 Ha for approach roads to the mines, totalingthe leased area to over 350.78 Ha.Our dumping of waste material in non ore bearingareas is carried out as per approved mining plan.Old dump yards are terraced into different platformsand are planted with tree species

This necessitates our constant efforts to manage mine waste and also rehabilitate areas of forest land thatcan be productively used, before handing over to the forest department. We engage excavators to remove waste material and dumpers to transport the waste to designated dumps. Our dumping of waste material in non-ore bearing areas is carried out as per approved mining plans. Old dump yards are terraced into different platforms and planted with different tree species. Also seeds are strewn across dumps with higher potential to foster germination. These steps conserve soil erosion andprevent run off and siltation of valleys and nearby water bodies. We have also constructed bunds to arrest boulders from rolling down. Active dumps arealso terraced immediately and plantations undertaken for quick stabilization. Over the years, the top soil removed from reef section has been brought down to reclaim the float ore mined area. This has transformed a stretch of barren area to lush green land. Other wastes include scrap like metal, rubber and tyres. These are generated from activities including the use of equipment and machinery. These are segregated and kept at specified locations until they are responsibly disposed to government certified agents.

Conclusion:I fianly conlude my work with the following points and explanations best to my

knowledge &my experience during this survey mentioned below

Employees traning needs should be assessed yearly that is at least twice In a year .

The company organized different traning and leadership programme in order to increase productivity .

The company should hike the salary according to the performance of the workers so that they can get satisfied with the salary and the job they perform.

The success of this mining truly depends upon their management . The highly qualified

Website

www.mspllimited.com