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EXPLORATION LICENCES AUCTION
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...- Coal stock adequate for 90 days available: Union Coal Minister Kishan ReddyIndia now holds over 200 million tonnes of coal, enough for 90 days, a significant increase from previous stock levels. The nation achieved...
- Govt cancels auction of 11 critical, strategic mineral blocksThe government has cancelled the auction of 11 critical and strategic mineral blocks in the sixth round due to poor investor response and a...
- Centre auctions record 200 mineral blocks in FY26, highest everA record 200 mineral blocks will be sold in 2025-26. This is the highest ever in a single year. Tamil Nadu is conducting auctions for the f...
- Resilient supply chains key to strategic security amid critical minerals race: ReddyIn a bold stride towards self-sufficiency, India is ramping up its mineral exploration initiatives. This strategy not only aims to diminish...
- 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...
- Govt stresses on potential of exploration licence regime in unlocking critical mineral reservesThe government is emphasizing the transformative potential of exploration licenses to unlock India's critical mineral reserves, encouraging...
- 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...
- 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...
- Exploration licensing bid date pushedSome of the previous licensing rounds have also witnessed multiple bid submission deadline extensions, which are made in the hope of attrac...
- Govt extends oil exploration licensing bid deadline to July 15The Centre extended the deadline for submitting bids in the latest auctions of oil and gas exploration licences managed by the Directorate ...
- 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...
- Centre gives one month relaxation in timelines for critical mineral auctionsThe government recently listed 24 minerals as strategic and critical for the country. These include graphite, molybdenum, lithium and plati...
- As many as 76 mineral blocks auctioned in 2023: GovtThe government announced the auctioning of 76 mineral blocks in 2023, with 30 for mining lease and 46 as composite licenses. Madhya Pradesh...
- 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 ...
- Mining rules update to allow companies to explore a block and bid for itOnce approved, these changes in mining rules will allow companies to both explore a block and bid for it. "This will prompt large players t...
- LS passes bill to provide fixed 50-year production lease for offshore mineralsA bill to provide a fixed 50-year production lease for offshore minerals was passed by Lok Sabha on Tuesday amid protests by the opposition...
- Offshore Mineral (Development and Regulation) bill passed by Lok SabhaLok Sabha has passed a bill that paves the way for mining offshore minerals. The Offshore Areas Mineral (Development and Regulation) Act of...
- Centre sets eyes on ramping up offshore mineral production with new billThe Indian government has introduced a bill to amend the Offshore Areas Mineral (Development and Regulation) Act, 2002, to create a transpa...
- Bill to amend Mines and Mineral Development Act introduced in Lok SabhaThe Union Cabinet had last week cleared amendments to the Mines and Minerals (Development and Regulation) Act to allow sale of 50% coal fro...
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