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INDIAN MINERAL AUCTION
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- Deccan Gold Mines shares rally 20% to fresh lifetime high after this Supreme Court orderDeccan Gold Mines shares surged significantly after the Supreme Court ruled in its favor. The apex court upheld the company's mining lease ...
- These large- and mid-cap stocks may give more than 25% return in 1 year, according to analystsFor the last few earnings seasons, the message has been: “Show me growth, I have the money.” Stocks with better-than-expected earnings saw ...
- India does not plan to revive offshore mining auction in near term, sources sayIndia has shelved plans for deep-sea mining auctions, citing a lack of technological readiness and anticipated low bidder interest. The ini...
- Mine auction rules update in works to kickstart operations fastTo expedite mine production, the Centre is set to amend the Mineral (Auction) Rules, 2015, introducing intermediary timelines and specifyin...
- No benefits likely from 38 critical blocks put on sale in this decade: IcraIcra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's ...
- Centre notifies conversion factors and average sale price calculation for critical mineralsAccording to a gazette notification, the price will be arrived in Indian Rupees after multiplying the USGS price with the average reference...
- Mining industry flags issues with India’s mineral exploration regimeIndia needs to implement further reforms to encourage mineral exploration in the country, says Sumit Deb, outgoing President of the Federat...
- View: 10 steps to bolster bidder interest in India's mining sectorFor a pointer, of the 108 mineral blocks put up for auction so far this fiscal, more than 50% have had to be annulled owing to either lack ...
- Auction of mineral blocks stabilised in country; 186 mines put on sale so far"...186 to be precise blocks are allocated through auction. I am very happy to say that out of this, 46 (mineral blocks) were (auctioned) l...
- Removal of certain section of Mining Act may lead to irreparable loss of investors' confidence: FIMIOn conservative basis taking an average of 100 employees per mine in the initial stage for 500 mines, there will be an employment generatio...
- Miners and steelmakers lock horns over mines ministry's proposal to amend MMDR ActThe ministry has proposed amending Sections 10A(2)(b) and 10A(2)(c) of the Mines and Minerals (Development and Regulation) Act, 1957 to pav...
- Government to auction 7 mineral blocks from October 22 - November 1Of the seven mines to go under the hammer, four are limestone blocks, two are chromite ore mines and one is graphite block, according to mi...
- New mining policy may offer 100 large plots to global, Indian firms for explorationThe government plans to transform the mining sector with a new policy by offering global and Indian firms about 100 large plots for explora...
- Ordinance to facilitate auction of minerals gets green signal from CabinetGovernment proposes to start with minerals such as iron ore, manganese, bauxite and limestone that occur more or less on the surface.
- Non-coal minerals auction may lead to bigger scam: FIMIAs the government goes ahead with plans to auction non-coal minerals, miners' body FIMI today opposed the move saying it has the potential ...
- MMDR Bill to be tabled in current session of Parliament: Steel & Mines Minister Narendra Singh TomarTomar said that objective of Bill was to kickstart mining sector by removing bottlenecks that are preventing industry from becoming a growt...
- Auction will sound death-knell for mining industry: FIMIAuctioning of mines as proposed in draft MMDR Bill will sound death knell of mining industry and it may lead to cartelisation and waste, sa...
- Auction route for mineral deposits not advisable: Federation of Indian Mineral IndustriesFIMI today said the competitive bidding route for mining leases proposed in the MMDR Bill, 2011 is not advisable.
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