Favourable high court ruling also augurs well Karnataka High Court has ruled in favour of NMDC with regard to royalty issue in case of Donimalai mine. Earlier, Karnataka had levied 80% royalty on the Donimalai mine during the time of lease renewal. In this regard, NMDC had filed a writ petition in the high court against the royalty of 80% levied by the Karnataka government on average sales value of iron ore from the Donimalai mine. The writ petition is allowed and the earlier condition to impose premium equivalent to 80% of average sale price of iron ore has...