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MMDR ORDINANCE
Royalties included in mining law to limit growth potential of iron ore industry: Fitch Solutions"As part of India's 2016 Union Budget, export duties for iron ore lumps and fines below 58 per cent Fe content were reduced to nil from 30 ...- Ordinance to amend coal mining laws likely todayCurrently, companies other than steel and power, and coal washing services firms are barred from bidding for coal blocks. Through the amend...
- Expect huge gains from 250 mineral blocks' auction: Mines Secretary Balvinder KumarMines Secretary Balvinder Kumar told PTI in an interview that till now around 21 mineral blocks have gone under the hammer and fetch Rs 73,...
- Mines minister Narendra Singh Tomar to meet state mines ministers on key issuesThe mines ministry is convening a meeting of mining ministers from across states in Jaipur on Friday to discuss issues pertaining to the mi...
- Goa planning to set up Indian Bureau of Mines-style institute in the stateGoa is planning to set up an institution similar to the Nagpur-headquartered Indian Bureau of Mines (IBM) in the state.
- SBI Capital Markets to make presentation on mines auction rules next weekThe govt roped in the investment banker around 15 days after President promulgated the Mines and Minerals (Development and Regulation) Amen...
- Centre’s move to get parliamentary approval for an Ordinance an uphill challengeOdisha, which accounts for 50-70% of the country’s production of iron ore, bauxite and chrome, is not the only state wary of the introducti...
- Mines Ministry appoints transaction advisor for auction"A transaction advisor has been appointed (recently)...who will advise on the auction procedure and the method of auction," Mines Secretary...
- Posco needs to bid for mining lease; Khandadhar closed chapterPosco was previously promised the Khandadhar iron ore mine by the state government for its mega steel plant but the actual allocation never...
- MSTC to conduct E-auction of coal blocks, mjunction cries foulMjunction services, a joint venture between Tata Steel and SAIL, has cried foul over the government decision to nominate MSTC for conductin...
- Centre to hold workshops in states on mines OrdinanceCentre will hold orientation sessions for stakeholders in different states like Odisha, Andhra Pradesh and Telangana to explain the provisi...
- We moved ordinance in order to revive mining industry: Steel & mines Minister Narendra Singh TomarWhen ordinance is provided for by constitution, it will only strengthen the economy, why doubt it. There is nothing circumventive about it,...
- Mines minister Narendra Singh Tomar meets state representatives to implement MMDR OrdinanceTomar urged states to revive mining given the falling levels of iron ore production in the country.
- Mixed reaction from industry on mines ordinanceSteel makers today welcomed mines ordinance while some core mining firms alleged that unfair treatment has been metted out to them by givin...
- President Pranab Mukherjee signs ordinance amending mining lawsAccording to senior officials in the Ministry President Pranab Mukherjee gave his nod to the “Mines and Minerals (Development and regulatio...
- Mining ordinance set to change rules of the game for mining sectorIt will decide the fate of mines by defining whose leases will get extension and whose will be cancelled, paving way to put them up for auc...
- Cabinet says no to MMDR OrdinanceFinance minister Arun Jaitley had cautioned against resorting to this route frequently, following which the mining ordinance was shelved.
- 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.
- Government may take ordinance route for mines sector reformsThe mining sector, one of the chosen segments for the ambitious 'Make in India' programme of PM, is governed by the Mines and Minerals Act,...
- Govt plans independent regulator to check illegal miningIn a bid to intensify its drive against illegal mining, the government plans to set up an independent sectoral regulator, possibly through ...
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