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Govt mulls scrapping requirement of forest clearance for exploration of blocksReconnaissance Permit (RP) is granted for preliminary prospecting of a mineral through regional, aerial, geophysical or geochemical surveys...
Removal of certain section of Mining Act may lead to irreparable loss of investors' confidence: FIMIOn conservative basis taking an average of 100 employees per mine in the initial stage for 500 mines, there will be an employment generatio...
Govt plans to unlock 500 mineral blocks through open auction, move may create 5L jobsThe move is tipped to help unlock more than a billion tonne of mineral reserves and create nearly five lakh employmen. Rough estimates indi...
Federation of Indian Mineral Industries urges govt against repealing sections of MMDR ActSharma said that if the particular section of MMDR was not repealed and the existing concessionaires were allowed to convert their reconnai...
Take industry suggestions on proposed tweaking of MMDR Act: Miners' body to governmentSharma told that proposed tweaking or removing of the Section will affect 552 mineral blocks and added that if these blocks were allowed to...
National Mineral Policy to ease merger and acquisition of mining entitiesNMP 2019, which replaces the extant NMP 2008, also proposes to grant industry status to mining and boost financing for mining and private s...
States discuss deferment of e-auction of mineral blocks at meeting of state mining ministersThe outcome of auctions is being affected by factors like quantity and grade of ore, quality of the mineralization studies, land ownership ...
Firms with cancelled mines can bid in auction by paying levyAll firms which had their coal blocks cancelled by the Supreme Court, barring those convicted for offences related to mines allotment.
Expedite 63,946 pending mines leases: Centre to statesConcerned at slow pace of clearance of mining concessions, the Centre has asked the states to expedite disposal of about 64,000 application...
Federation of Indian Mineral Industries suggests steps to attract investment in mining sectorFIMI also called for rationalization of tax regime to incentivize potential investors, saying that the mining industry in India is amongst ...
Narendra Singh Tomar for rational mining, transparent allocation on minesTomar has been given charge of Steel, Mines and Labour and Employment Ministries. Also present with him was Minister of State for Mines and...
Centre asks states to clear 63,395 pending mines leasesAs per the rules, there are provisions for disposal of RP within six months; PL within nine months and ML within 12 months.
Centre asks states to clear pending mines leases within timeThe tardy pace of disposal of mineral concessions by states have resulted in 65,337 mineral concession applications pending in states, the ...