"Limestone and bauxite too fetched sizable revenue. Dantewada contributed Rs 6419 crore, followed by Korba Rs 2361 crore, Raigarh Rs 1717 c...

Kumar said participation is likely to be increased as more mines including limestone, iron ore and gold mines will be put for auction.

The first successful auction took place in February 2016, with two small limestone blocks in Chhattisgarh going under the hammer.

The initial bids for mines in these states, which also include Andhra Pradesh and Madhya Pradesh, are scheduled to start from this week, ex...

Centre and states will create a platform to monitor the status of clearances and approvals of auctioned mines bearing minerals such as gold...

These blocks have been identified by seven state governments for auction under the Mines & Minerals Development & Regulation (Amendment) Ac...

Essar Steel won the first iron ore mine auctioned by the government with a bid that was at a premium of 44.35% over the royalty.

Government is expected to earn a revenue of over Rs 6,700 crore after Chhattisgarh successfully conducted mine lease auction for two large ...

Chhattisgarh has become the first state to successfully conduct mine lease auction of a limestone block, assuring revenue of around Rs 5,80...

Nine mineral-rich states are expected to auction up to 70 mines this fiscal, according to mines secretary Balvinder Kumar.

Govt gave nod to increasing royalty rates on minerals including iron ore and bauxite, a long-awaited move that will significantly swell ann...

The rates of royalty revised every three years for major minerals - excluding coal, lignite and sand for stowing - were last revised in Aug...

CMA in its pre-budget memorandum has asked the government to encourage cement industry and bring it at par with other core and infrastructu...

The mines ministry will push for a new system of calculating royalties instead of the current practice of basing it on an average price det...

The government is close to finalising a new system of royalty payments for minerals which will double the revenue that states earn but incr...

Inlation has taken a toll on yet another reforms initiative.

In what may impact the business plans of companies like Tata Steel, SAIL, Posco and LN Mittal group’s Mittal Steel, the government is prepa...