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NMET
Coal-producing states earn revenue worth Rs 1.52 lakh cr in last 9 yrs: CentreCoal-producing states earned Rs 1.52 lakh crore from royalty, DMF, and NMET in the last nine years. The coal mining sector significantly co...01 Mar, 2024, 07.23 PM IST- Centre to directly sanction critical mineral exploration projects to notified agenciesIn a bid to boost exploration for critical minerals, India's Ministry of Mines will directly authorize exploration projects to private agen...15 Dec, 2023, 02.41 PM IST
- Exploration companies can now bid for mineral block after rules tweakThe scheme aims to boost activities in the country for exploration of critical and strategic minerals while also easing out the reimburseme...14 Dec, 2023, 04.39 PM IST
- NMET-funded 11 mineral blocks auctioned, six under process: Coal ministerOn Wednesday, the Indian government announced that 11 mineral blocks, supported by the National Mineral Exploration Trust, have been auctio...13 Dec, 2023, 04.12 PM IST
- NMET has approved 309 mineral exploration projects so far: GovernmentAddressing the meeting, Union Coal and Mines Minister Pralhad Joshi said the Union government is extending substantial financial and techno...20 Sep, 2023, 10.06 PM IST
- NMDC fixes ore prices at Rs 4,950 per tonneState-owned NMDC on Tuesday fixed the rates for lump ore and fines at Rs 4,950 and Rs 4,210 per tonne, respectively. Lump ore, or high-grad...18 Jul, 2023, 10.03 PM IST
- Odisha to refund excess royalty on inferior coalOdisha is expected to reimburse over ₹300 crore royalty for coal supplied by Mahanadi Coalfields Ltd (MCL), a Coal India unit, between Apri...04 Aug, 2022, 09.07 AM IST
- Govt not to hive off Coal India arm CMPDIL, say unionsThey said the government is looking at the possibility of making National Minerals Exploration Trust (NMET) autonomous, and make it accessi...11 Jun, 2020, 07.54 PM IST
- Subsume multiple levies into GST to cut tax burden on mining sector: FicciUnderlining multiple challenges coupled with disruptions due to coronavirus lockdown, Ficci has also sought deferment of royalty and contri...27 Apr, 2020, 09.23 PM IST
- Mines ministry allots MECL 30 mineral blocks for explorationMECL will be given funds out of the National Mineral Exploration Trust (NMET) set up to boost exploration in the country.30 Aug, 2016, 05.36 AM IST
- NMDC slashes high grade iron ore prices by 5.5%The prices of iron ore, with effect from July 3, 2016, has been fixed for lump ore (higher grade iron ore at Rs 1,700 per tonne, NMDC said ...04 Jul, 2016, 04.46 PM IST
- States deposit Rs 168 crore in NMET to boost mineral explorationNMET has started receiving payments of a sum equivalent to 2 per cent of the royalty paid in terms of minerals listed in the Second Schedul...11 May, 2016, 04.22 PM IST
- Government identified blocks for exploration of gold, diamond, Parliament informedAccording to the data presented by Sai, of the total 108 identified blocks, eight blocks are for iron ore and limestone, bauxite (2), gold ...04 May, 2016, 05.02 PM IST
- Mines ministry to conduct aerial survey of 8.13 lakh sq kmThe Mines Ministry is in the process of conducting an aerial survey of 8.13 lakh sq km area, a move that will aid in mineral exploration in...20 Nov, 2015, 08.51 PM IST
- 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...06 Sep, 2015, 12.43 PM IST
- First meeting of NMET in September to discuss fund utilisationThe first meeting of the recently notified National Mineral Exploration Trust will take place next month to discuss the utilisation of its ...23 Aug, 2015, 12.48 PM IST
- Government notifies norms for National Mineral Exploration TrustThe government has notified the setting up of NMET, which will look into the ways to encourage exploration of mines and minerals in the cou...21 Aug, 2015, 02.59 PM IST
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