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MINING AUCTION EXTENSION
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...- 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...
- 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...
- India extends auction for deep-sea blocks containing critical mineralsIndia has extended the auction deadline for deep-sea mineral blocks, crucial for electric vehicle batteries, to May 1, due to requests from...
- Upper house passes MMDR Amendment billThe Mines and Minerals (Development and Regulation) (MMDR) Amendment Bill, 2023 has been passed by both the Rajya Sabha and Lok Sabha, empo...
- Lok Sabha passes MMDR Amendment billThe Mines and Minerals (Development and Regulation) Amendment Bill, 2023 has been passed by the Lok Sabha. This bill will give the Central ...
- Bill in Lok Sabha for Centre's control over critical mineral auctionsThe proposed amendments to the Mines and Minerals (Development and Regulation) Act, 1957, "would facilitate, encourage and incentivise priv...
- Government extends deadline for bidding in commercial coal mines' auction till January 13"In response to... requests from prospective bidders, the ministry has extended the bid due date till January 13, 2023," the coal ministry ...
- 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...
- Dispute over Saruabil Mine delays Tatas from being declared winnerAfter Tata Steel unit emerged as highest bidder, Misrilall Mine approached the Orissa High Court against denial of licence extension to it,...
- Mining cos fear iron ore supply may be hit after some leases expire in MarchThe fear is that production will not resume immediately, and it would affect the supply of almost 70 million tonnes of the mineral, which i...
- Lapsing mining leases should be auctioned: Committee of secretariesThe committee’s recommendations, if implemented, will disappoint several incumbent miners who were waiting for an extension of their leases.
- Centre stays Karnataka government's decision to deny NMDC mining rightsIn a relief to the state-owned miner, the Ministry of Mines’ revision authority on Wednesday stayed Karnataka government's move to withdraw...
- NMDC shares take a beating after Karnataka decides to auction its Donimalai mineThe development comes as a huge blow to the PSU whose mine in Chhattisgarh has also run into trouble.
- There will be no iron ore scarcity in country post 2020: PMAIMerchant miners have cited possible shortage of iron in the market post expiry of mining leases and have appealed for extension of leases u...
- Don't delay auction of iron ore mines, user industry urges governmentIndia Ratings has estimated that out of the 288 mines set to expire, 59 are operational with around 85 million tonnes of approved annual ca...
- Centre, states to discuss mine auction, DMF at CCEC meet tomorrowCCEC will tomorrow take up readiness for mineral auction by states as well as the progress in setting up DMF.
- Odisha to extend leases of three minesThe Odisha government has decided to extend the leases of three of 11 mines under consideration with the state, including one of Adhunik gr...
- Disappointed with amendment to mining laws: Naveen PatnaikOdisha chief minister Naveen Patnaik expressed "deep disappointment" with the Narendra Modi government’s recent amendment to mining laws.
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