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MINERAL AUCTION RULES
Centre launches ninth auction tranche for 20 critical mineral blocks, third round of exploration licencesThe mines ministry has launched the ninth tranche of auctions for 20 critical and strategic mineral blocks, alongside the third tranche for...- Amid supply chain issues, India's strategic mining in critical stateIndia's mining sector remains underdeveloped due to high import dependence and severe execution bottlenecks. Challenges include land acquis...
- In 1999, a Texas family lost its mineral rights in a tax foreclosure; 20 years later, heirs challenged the sale, what did the state Supreme Court say?In April 2024, the Supreme Court of Texas considered a dispute. It involved mineral interests that were sold at a tax auction in 1999. It w...
- SC backs disposal of Goa iron ore dumps without fresh auctionThe Supreme Court has made a significant ruling in favor of the Goa government's approach to managing iron ore dumps. This decision allows ...
- Hindustan Zinc secures mining lease for rare earth element block in KarnatakaHindustan Zinc has secured a mining lease for rare earth elements in Karnataka. The Gundlupet block in Chamrajnagar District covers over 31...
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to minersParliament passed the Mines and Minerals Amendment Bill 2026 on Thursday. This legislation aims to standardize mineral taxation across Indi...
- 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...
- India looking at Africa for critical minerals, says mines secretaryIndia is exploring Africa for minerals like cobalt and engaging with Australia for lithium blocks. V L Kantha Rao, Mines Secretary, highlig...
- Centre notified mineral auction rules to cap upfront paymentsIn a recent development, the central government has introduced new revisions to the Mineral auction rules. These changes aim to ensure tran...
- Mines ministry identifies some offshore blocks for explorationThe mines ministry has identified offshore blocks within India's exclusive economic zone for granting operational rights, following amendme...
- 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 ...
- Government to showcase mineral blocks to be auctioned in FY'19The mineral auction rules have been amended by the mines ministry to make the auction process simpler and help the states auction mineral b...
- Government to release draft changes in mineral auction rules in AugustThe government looks to remove "small" glitches in the rules highlighted by bidders and industry associations, Mines Secretary Arun Kumar w...
- Centre pushes states to set up District Mineral Foundations under MMDRAThe Centre asked the states to speed up the process of setting up District Mineral Foundations (DMFs) under the New Mines Act for the benef...
- Mines ministry discusses mineral auction rules with statesThe government has asked states to establish the District Mineral Foundations (DMF) speedily bringing notifications for these non-profit tr...
- Rules for mines auction to be readied by May: Narendra Singh TomarThe union steel and mines ministry will finalise the rules for mineral auction by May 2015, following which it will be sent to the states.
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