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MINERAL BLOCK OPERATIONALISATION
'Seriously concerned': Quad joint statement flags water cannons, blocked ships in South and East China SeasIndia, US, Japan, and Australia foreign ministers met in New Delhi. They voiced serious concerns over the South China and East China Seas. ...- India's mine block operationalisation picks upIndia’s mining sector has seen a sharp acceleration in both auctions and operationalisation of mineral blocks in recent years, according to...
- RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
- 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...
- India must speed up domestic resource production amid global supply risks: VedantaAmid rising geopolitical tensions around the Strait of Hormuz and growing global competition for critical minerals, Vedanta Group has said ...
- Govt says 101 mineral blocks started operations since auction regime began in 2015India's mines ministry announced 101 mineral blocks are now operational. This achievement follows the 2015 auction system. The ministry wor...
- 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...
- 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...
- 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...
- Vedanta’s Anil Agarwal flags land, clearances, high premiums as key hurdles to mine operationalisationVedanta Chairman Anil Agarwal points to land acquisition issues, delayed clearances, and high mining premiums as major hurdles. He urges fa...
- Miners may lose lease on failure to start in 2 yearsIndia is set to introduce tougher rules for mineral block auctions. Leases may be cancelled if production does not begin within two years. ...
- Parliamentary panel flags delays, seeks priority for clearances for critical mineral projectsA Parliamentary Panel has highlighted delays between mine auctions and their operationalisation. It recommends an inter-ministerial committ...
- 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...
- System soon to spot hurdles in starting production at minesThe government is preparing a system to find problems in starting auctioned mineral blocks. A new online portal will monitor the progress o...
- Mines ministry aims for 115 mineral block auctions by FY25, but slow approvals delay operationalisationThe mines ministry has successfully auctioned 100 mineral blocks this financial year, aiming for 15 more by year-end, potentially surpassin...
- Quarterly review in the works for auctioned mines to begin operations fastThe Centre has initiated a quarterly review mechanism to expedite the operationalisation of auctioned mines, addressing delays in environme...
- Centre readies to auction 10 offshore mineral blocksThe centre will soon auction ten offshore mineral blocks to expand raw material sources for key industries like construction. Secretary of ...
- GSI delineates 100 geologically potential mineral blocks for auction, says governmentWith time, the frequency of major discoveries of an economically viable mineral deposit has decreased and this is a worldwide phenomenon de...
- Auction of mineral blocks with pre-embedded clearances to attract huge investments: FicciThe auction of mineral blocks with pre-embedded clearances is another significant reform taken by the government, Ficci Mining Committee Co...
- Government to auction 7 mineral blocks from October 22 - November 1Of the seven mines to go under the hammer, four are limestone blocks, two are chromite ore mines and one is graphite block, according to mi...
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