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MINING LEASES AUCTION
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...- 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 ...
- Not a minor issue! Andhra CM N Chandrababu Naidu raises Major Laterite Matter with CentreAndhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over a recent Union government policy change. This change reclassifie...
- Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
- ITC to conclude Rs 3,498-crore Century Pulp buy next weekThe transaction will be concluded next week after certain leases are transferred from Aditya Birla Real Estate, which houses Century Pulp a...
- 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...
- 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...
- Mine auction rules update in works to kickstart operations fastTo expedite mine production, the Centre is set to amend the Mineral (Auction) Rules, 2015, introducing intermediary timelines and specifyin...
- As many as 76 mineral blocks auctioned in 2023: GovtThe government announced the auctioning of 76 mineral blocks in 2023, with 30 for mining lease and 46 as composite licenses. Madhya Pradesh...
- Centre proposes cap on performance security and upfront amount to auction critical and strategic mineralsThe Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mi...
- Auctioning of mining leases in Goa to get over by Nov 2022, fresh extraction to start a year later: CM Pramod Sawant"The state government cannot stop major national and international players from participating in the auctioning, but they will be prohibite...
- GMPF seeks PM intervention, says lease auction not solution for immediate restart of mining in GoaIn an interview with , GMPF President Puti Gaonkar said the body recently wrote a letter to the prime minister mentioning that in spite of ...
- 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...
- States asked to begin auction of 348 mining leases near expiry next yearIt is of utmost importance that an action plan for auctioning these mining leases is prepared at the earliest, the ministry said, adding th...
- 300 mining leases to be put on auction in FY'18: Government"In 2017-18 nearly 300 mining leases should be put on auction by different states," Mines Secretary Balvinder Kumar said during an event.
- 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...
- Government clears proposal to amend MMDR ActGovernment cleared a proposal to amend the MMDR Act to allow transfer of captive mining leases not granted through auction.
- 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...
- Goa government to auction new mining leases, renew operational onesGoa government has decided to auction new mining leases while the existing operational leases would be renewed without going for any biddin...
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