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MINERAL AUCTION PROCESS
India plans to operationalise up to 60 mines in FY27India is set to launch 50 to 60 new mines this fiscal year, building on the 36 operationalized in the previous year. The government is also...- India expects starting 50-60 greenfield mines this year: Mines SecretaryIndia plans to operationalise 50–60 new greenfield mines in the current fiscal, Union Mines Secretary Piyush Goyal said on Tuesday. He said...
- West Bengal's Rs 4.39 lakh crore Budget under BJP aims to bury 'syndicate raj', woo investorsWest Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swap...
- PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
- Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle IndiaMarkets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support ...
- Centre has coal reserves for 80 days of power generation: Union Minister Kishan ReddyIndia possesses enough coal reserves to power the nation for 80 days. Union Minister G Kishan Reddy stated this achievement of the NDA gove...
- Not a minor issue! Andhra CM N Chandrababu Naidu raises Major Laterite Matter with CentreAndhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over a recent Union government policy change. This change reclassifie...
- India poised for critical mineral breakthrough within a year, says Minister G Kishan ReddyIndia is poised for major advancements in critical minerals in the coming year. A unified government strategy is accelerating resource secu...
- Bihar hits a rare earth mineral jackpot: Cobalt found in Banka, gold in Jamui, says state ministerBihar rare earth minerals discovery: Bihar is poised to join India's rare minerals race with the discovery of cobalt, titanium, and rare ea...
- Union mines ministry launches 2nd tranche of e-auction for 12 limestone blocks in Jammu & KashmirThe Union Ministry of Mines has launched the second phase of e-auctions for twelve limestone blocks in Jammu and Kashmir. This initiative a...
- Government announces Rs 5K cr incentive for states to expedite mining blocks' auction, operationalisationIn an effort to boost the mining sector, the government is allocating a substantial Rs 5,000 crore to states that enhance the efficiency of...
- 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...
- India does not plan to revive offshore mining auction in near term, sources sayIndia has shelved plans for deep-sea mining auctions, citing a lack of technological readiness and anticipated low bidder interest. The ini...
- 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...
- 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...
- Govt plans to auction offshore mineral blocks in 2-3 months: G Kishan ReddyIndia's government is gearing up to auction off approximately 10 offshore mineral blocks within the next few months, aiming to boost domest...
- 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...
- 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-rich states expected to auction up to 70 mines this fiscalNine mineral-rich states are expected to auction up to 70 mines this fiscal, according to mines secretary Balvinder Kumar.
- 60-70 mines to be auctioned in the first phase: SecretaryA lower 60-70 mineral-bearing mines would be auctioned by the states in the first phase starting this month as against 80-90 blocks identif...
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