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CAPTIVE MINING RULE
Govt notifies amended minerals concession rulesThe Union government has notified the amended minerals concession rules that will pave the way for sale of 50 per cent of mineral produced ...09 Nov, 2021, 05.40 PM IST- Govt amends rules to allow 50% sale of coal from captive mines"The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale of coal or lignite, on payment of additional ...05 Oct, 2021, 08.06 PM IST
- Revamp of coal auction rules: Business-friendly reforms on cardsAn high-power committee, headed by former Central Vigilance Commission Pratyush Sinha, has recommended a complete overhaul of regulations g...15 Jul, 2018, 11.23 PM IST
- Mines Ministry notifies draft rules on terms and conditions for transfer of mining leaseUnder the rules, the transferee will have to pay a transfer charge equivalent to a certain percentage of the royalty paid, the notification...13 May, 2016, 04.37 PM IST
- Commodity M&As run into hurdle as top-drawer deals will have to be renegotiated over new mining lawThe stand, as explained by Kumar, is expected to block consolidation moves in mineral-dependent commodity sectors such as steel, aluminium ...22 Sep, 2015, 04.00 AM IST
- Coalgate verdict: Justice takes toll on businessOn the AG’s assurance that the govt is confident of managing the consequences, the court has now gone ahead and cancelled all save four all...25 Sep, 2014, 05.37 AM IST
- P C Parakh's account misses the point; undue benefits inherent in policy of allocationThe CAG's charge in coal was not that allocation of captive mines led to any loss to the exchequer.16 Apr, 2014, 10.12 AM IST
- Centre turns down Odisha govt’s plan to reserve mining for OMCThe Union mines ministry also advised the state govt to withdraw its resolution dated October 3 and 12 which goes against the interest of l...19 Feb, 2013, 10.29 AM IST
- Captive mining rule & bigger role for Odisha Mining Corporation spread panicAs per the government's latest move, mineral from the existing mines can only be used for captive consumption, that to for 30 years.01 Nov, 2012, 05.31 AM IST
- Odisha to renew mining lease of companiesIn a bid to help local industries facing raw material problems, the Odisha government has resolved to renew mining lease of companies which...04 Oct, 2012, 08.48 PM IST
- FIMI hails ban on exports of iron ore from captive minesMiners' body FIMI today welcomed the imposition of ban by the government on sale or export of iron ore from captive mines and demanded its ...26 Sep, 2012, 05.17 PM IST
- Government bans sale or export of iron ore from captive minesThe central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel producti...24 Sep, 2012, 05.00 AM IST
- Mines ministry pushes for new iron ore royalty mathsThe mines ministry will push for a new system of calculating royalties instead of the current practice of basing it on an average price det...02 Dec, 2011, 11.26 AM IST
- 26% equity rule for captive mines soonSteel, cement or power companies that are allocated captive coal mines will have to own a minimum 26% equity in their mining ventures, a mo...08 Mar, 2010, 01.59 AM IST
- Captive mining to fuel steel cos' expansion plansThe move will provide raw material guarantee for over Rs 1,00,000 crore investment proposed by steel majors SAIL and Tata Seel to add 35 mi...24 Mar, 2008, 03.54 AM IST
- Bank guarantee must for PSUs captive coal minesPublic sector utilities like NTPC, SAIL, Damodar Valley Corporation (DVC), Chhattisgarh Mineral Development Corporation will now have to pr...24 May, 2007, 03.20 AM IST
- Posco warns to withdraw from OrissaKorean steel giant Posco on Wednesday warned that it might not pursue its proposed 12 million tonne steel plant near Orissa's Paradip if th...21 Jun, 2006, 09.30 PM IST
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