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MINERALS ACT AMENDMENT
Deccan Gold Mines shares rally 20% to fresh lifetime high after this Supreme Court orderDeccan Gold Mines shares surged significantly after the Supreme Court ruled in its favor. The apex court upheld the company's mining lease ...- Coal exchange rules issued, focus on price discovery and qualityIndia's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move tr...
- Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
- Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
- 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 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...
- Centre proposes higher NMET contribution to fund overseas critical mineral acquisitionsThe Union government is proposing to increase contributions from mining proceeds to bolster exploration and development of critical mineral...
- 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 ...
- 7 new laws, including Delhi services legislation, receive Presidential assentThe legislations that become operational are: The Jan Vishwas (Amendment of Provisions) Act, 2023; The Government of National Capital Terri...
- 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...
- 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...
- Govt to introduce amendment bill for offshore mineralsThe Offshore Areas Mineral (Development and Regulation) Act was enacted in 2002. However, not even a single rock could be mined out from th...
- Bill to amend the Mines and Minerals Act introduced in Lok SabhaA Bill to amend the Mines and Minerals Act to include the provisions of allowing transfer of captive mines granted through procedures other...
- Mines ministry prepares draft rules for mineral auctionThe Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2015 was notified on March 27, 2015 to amend the MMDR Act, 1957.
- Government to make amendment in MMDR Act soon for transparent bidding procedureThe proposed amendment comes in backdrop of suspension of mining activities over past few years in after instances of illegal mining came t...
- Proposed mines Bill for hefty penalty for violatorsThe Amendment Bill also seeks to make the offence of illegal mining in respect to notified minerals a cognisable offence.
- Government mulling amendments to MMDR Act to bring mineral auctionGovernment is considering amendments to the MMDR Act, 1957, to bring in provision of auction for bulk minerals like iron ore & others.
- Mines Act to be amended for welfare of minersIn an effort to improve working conditions of people employed in mining activities, the government proposes to amend the Mines Act, which w...
- Mineral policy set for delays as ministry seeks states’ viewsThe National Mineral Policy (NMP) faces yet another delay as the ministry of mines has decided to obtain the views of states on the draft a...
- Mineral policy amendments to be delayedThe working group set up by the mining ministry comprising officials of mineral-rich states is yet to reach a consensus over the proposed a...
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