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MINE AUCTION RULES
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- Union mines ministry launches 2nd tranche of e-auction for 12 limestone blocks in Jammu & KashmirThe Union Ministry of Mines has launched the second phase of e-auctions for twelve limestone blocks in Jammu and Kashmir. This initiative a...
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- Rules allowing inclusion of contiguous mining area notifiedNew rules allow mining lease holders to expand their areas. This applies to deep-seated minerals and associated minerals. The contiguous ar...
- Government to launch 7th critical mineral auction tranche to boost resource securityIndia is set to auction 19 critical and strategic mineral blocks. This move aims to boost the nation's economic development and mineral sec...
- India considers tighter mining auction rules to deter laggards, sources sayIndia is looking at stricter rules for mining auctions. The government wants to ensure companies that win mining blocks start operations qu...
- Mining industry flags retrospective impact of new auction rules; govt says aim is to curb hoardingOfficials, however, maintain there is no retrospective applicability of law and penal provisions would apply only to future approvals. "The...
- Centre offers incentives for speedier mine operationalisationNew rules aim to speed up mine operations. Intermediary timelines and penalties are introduced for delayed production. Incentives like redu...
- 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...
- Govt plans to auction 6 mineral blocks in JanuaryThe government plans to put on sale next month six mineral blocks in the states of Odisha and Rajasthan. Of these six blocks to be auctione...
- 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...
- Amendment in auction rules to see more participation in mineral blocks sale: GovtThe government on Thursday said that amendment in mineral auction rules will encourage competition that will ensure more participation in s...
- Centre plans to provide incentive for early commencement of production from auctioned minesAs part of the pre-legislative consultation policy, the draft Amendment Rules is made available... Comments / suggestions are invited from ...
- Rule rejig to make auction easier, quicker: Mines SecretaryAbout the proposed changes, mines secretary said the govt is looking at relaxing financial eligibility parameters, which will ensure a larg...
- Mineral-rich states such as Jharkhand and Odisha identify 200 mines for auctionThe development comes against the backdrop of government auctioning 33 coal blocks so far to garner a massive over Rs 2 lakh crore.
- 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...
- Government finalises rules for coal mines auctionOut of 92 coal blocks to be alloted & auctioned, 57 mines would be given to power sector, rest would be for sectors like steel & cement, sa...
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