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MINING LEASE CONTRIBUTIONS
Centre auctions record 200 mineral blocks in FY26, highest everA record 200 mineral blocks will be sold in 2025-26. This is the highest ever in a single year. Tamil Nadu is conducting auctions for the f...- Viksit Bharat 2047: New mining law on cardsThe Centre plans to replace the Mines and Minerals (Development and Regulation) Act, 1957, with new legislation to align with Viksit Bharat...
- Nalco gets mining lease for Utkal-E coal block in OdishaThe lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As per the ...
- NMDC's Donimalai iron ore mine to be operationalised, Govt extends mining leaseThe development comes as a major relief to steelmakers in Karnataka and various stakeholders and steelmakers as there is an acute shortage ...
- NALCO gets mining lease of Utkal-D coal block in OdishaNALCO is considering to open Utkal-D coal block in the financial year 2020-21 after execution of the mining lease deed. The initial capacit...
- Chhattisgarh extends leases of 4 NMDC minesThe mines are located in Bailadila region which contains some of the best quality iron ore in the country. The move will boost NMDC's prosp...
- All options including auction of mining leases on table: Goa CM Manohar ParrikarStatement follows SC order quashing renewal of 88 iron ore mining leases in the state. Goan industry would not be affected by the move, ass...
- Mining lease expiry: Centre calls meeting with states on January 19Tomar said that the issues that would come up for deliberation include auction preparedness and bidding of the mining leases expiring in 20...
- Mines Ministry notifies draft rules on terms and conditions for transfer of mining leaseUnder the rules, the transferee will have to pay a transfer charge equivalent to a certain percentage of the royalty paid, the notification...
- Govt to get over Rs 6,700 crore from auction of two limestone blocksGovernment is expected to earn a revenue of over Rs 6,700 crore after Chhattisgarh successfully conducted mine lease auction for two large ...
- Government to get Rs 5800 crore from country's first mine lease auctionChhattisgarh has become the first state to successfully conduct mine lease auction of a limestone block, assuring revenue of around Rs 5,80...
- Government notifies miners contribution to District Mineral FoundationThe govt said miners who were awarded leases before January 12, 2015 will have to contribute 30 per cent of the royalty to the DMF.
- Government likely to notify DMF guidelines tomorrowThe government expects to raise around Rs 6,000 crore annually that will be used for various welfare schemes.
- Miners to pay 10 per cent royalty to tribal welfareEach district where mining activity is initiated will have to set up a District Mineral Foundation.
- Vedanta's Sesa Goa opens its second mining lease at BicholimWhile Sesa had resumed work at its Codli mining site earlier, today it opened its Bicholim mining lease, both of which are the largest mini...
- PMO vetting District Mineral Foundation guidelines; likely to notify this weekThe mines and mineral law stipulates creation of a DMF for the interest and benefit of the persons and areas affected by mining-related ope...
- Government likely to fix miners' contribution to DMF at 30%The Mines Ministry is likely to set miners' contribution to the District Mineral Foundation (DMF) at 30 per cent and will notify the guidel...
- Tata Steel, Sail likely to get nod for captive minesThe Odisha government is expected to issue orders that will allow SAIL and Tata Steel to restart operations at their captive mines shut sin...
- SC may ask Odisha to speed up grant of fresh mining leases, ban mining in state for 3 monthsA bench, comprising justices a K Patnaik, FMI Kalifullah and S S Nijjar hinted as much before they reserved their orders on the issue.
- Experts criticise suspension of mining in Odisha, say the irregularities in the system could have been rectifiedThey said they fear the suspension will lead to a complete ban on mining in the state on the lines of Karnataka and Goa, where the Apex Cou...
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