Searched for
MINERAL RIGHTS ALLOCATION
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...
A warning to critical minerals buyers: Avoid butter mountains, aluminium floodsWestern nations are investing heavily in critical minerals to reduce dependence on China. However, experts warn this could lead to a surplu...
Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil AgarwalVedanta Limited is entering a new phase with its demerger effective May 2026, aiming to unlock value through independent businesses. Strong...
From FAANG to BATMMAAN: the new acronym driving global tech investing, says Niteen DongareGlobal investors are shifting focus from FAANG and Magnificent 7 to broader innovation, embracing the BATMMAAN acronym for AI, semiconducto...
Smaller steel players oppose mining area limit removalSmaller steel companies and associations are raising concerns over a government proposal to remove area limits for mining leases. They fear...
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...
Efforts on to settle issue of recovery of mining royalty, tax dues with certain states: Centre to SCThe Centre is working to resolve royalty and tax disputes on mineral rights with states like Jharkhand. The Supreme Court deferred hearing ...
Mines ministry identifies some offshore blocks for explorationThe mines ministry has identified offshore blocks within India's exclusive economic zone for granting operational rights, following amendme...
Rajya Sabha passes Offshore Mineral (Development and Regulation) billIndia's Upper House has passed an amendment bill to the Offshore Areas Mineral (Development and Regulation) Act paving the way for extracti...
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...
Coal mines are property of states: Narendra Singh TomarNarendra Singh Tomar dismissed the Congress' charge that Centre was encroaching upon the rights of state governments on coal block allocati...
Narendra Singh Tomar to seek states’ views on amendments to Mines & Minerals ActUnion Minister of Steel & Mines Narendra Singh Tomar will be visiting key mineral rich states such as Orissa, Karnataka, Goa.
Why some companies are favoured in mineral allocation? SC to CentreThe Supreme Court questioned the Centre on why certain companies are always favoured in the allocation of mines and minerals which has resu...
- Replace profit-sharing by coal companies with royalty payment: Panel
A Parliamentary panel has recommended removal of the provision of 26 per cent profit sharing by coal and lignite miners with project-affect...
Centre has sole right to allocate major minerals: Coal MinistryThe apex Court had questioned the Centre's right to make allocations, given that the MMDR Act recognises minerals as state property.
Don't cancel coal blocks, levy high royalties instead: Swaminathan S Anklesaria AiyarThe government is under pressure to cancel the allocations. That would be politically, legally and economically wrong, says Aiyar.
- Steel ministry wants powers to grant ore mining lease to speed up projects
The steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects.
- India's iron ore wealth to last for 200 years: Mines Secretary
Seeking to allay apprehensions of steel industry on iron ore availability, the Mines Ministry has said that the country has enough ore to l...