Searched for
MINERAL AUCTION RULES
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...
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...
Mineral auction rules relaxed; government expects Rs 75,000 crore from 34 mine auction in FY18Over 70 mineral blocks are likely to be auctioned in the next fiscal to garner about Rs 1,25,000 crore, mines secretary Arun Kumar told rep...
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.