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DEEP SEATED MINERALS
Centre offers 11 deep-seated mineral blocks for explorationIndia's Exploration Licence regime was introduced under the MMDR Amendment Act, 2023, along with the Mineral (Auction) Amendment Rules, 202...
India's first exploration licence auction for deep-seated minerals launchedIndia's first auction of exploration licences took place in Goa, introducing 13 blocks for critical minerals like REEs, Zinc, and Copper. T...
Govt launches India's 1st exploration licence auction for critical mineralsUnion Coal and Mines Minister G Kishan Reddy unveiled India's first-ever auction of Exploration Licences for 13 critical mineral blocks, in...
Plan to auction 20 critical mineral blocks under new licence regime in the worksThe central government plans to auction up to 20 critical mineral blocks for deeper exploration under a new license regime to improve the t...
Karnataka, Rajasthan begin auction of exploration licences for critical mineralsKarnataka and Rajasthan have initiated the auction of Exploration Licence (EL) for critical and deep-seated minerals. The move, the first o...
Critical mineral, offshore mineral blocks set for auction in 2024In a strategic move, India is set to auction critical and offshore mineral blocks, along with issuing exploration licenses in 2024, aiming ...
Sops for underground mining in the works, says Mines Minister Pralhad Joshi"Underground (UG) mines are being bid out under commercial auction regime. This idea is to produce at least 10% of India's coal production ...
India spent Rs 27,131 cr in FY23 on import of copper: GovtIn the fiscal year 2022-23, India spent Rs 27,131 crore on copper imports, an increase from Rs 21,985 crore in the previous year, as per in...
Mining industry flags issues with India’s mineral exploration regimeIndia needs to implement further reforms to encourage mineral exploration in the country, says Sumit Deb, outgoing President of the Federat...
Bill to allow private sector to mine lithium, 5 other atomic minerals passed in ParliamentA bill that seeks to allow the private sector to mine six out of 12 atomic minerals, including lithium, and deep-seated minerals such as go...
Lok Sabha passes MMDR Amendment billThe Mines and Minerals (Development and Regulation) Amendment Bill, 2023 has been passed by the Lok Sabha. This bill will give the Central ...
Bill in Lok Sabha for Centre's control over critical mineral auctionsThe proposed amendments to the Mines and Minerals (Development and Regulation) Act, 1957, "would facilitate, encourage and incentivise priv...
Indian cabinet allows lithium's commercial mining to charge up EV ambitionsThis is the fifth amendment to the Mines and Minerals (Development and Regulation) Act since 2014, with earlier changes mandating e-auction...
Mining Act tweak planned to push rare, critical mineral explorationThe amendment proposes to insert the provision of an exploration licence in the law which will be granted through auction for undertaking r...
Making the case for mining: Here's what India needs to do to discover more KohinoorsIf India is to find diamonds, it needs to have a separate policy for deep-seated minerals that also include gold and new-age minerals like ...
Plans to boost mineral output by 200% in next 7 years: Mines ministerHe said the mining industry is undergoing reforms through transformative investor friendly interventions like the Mines and Minerals (Devel...
- Deep mineral exploration licence on on first-come-first-served basis
The mining ministry wants to restrict bidding to only prospecting and mining, the stages that follow initial exploration.