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OFFSHORE MINERAL RESOURCES
Vedanta Resources plans to relist; US likely; eyeing $100 billionAnil Agarwal plans to relist Vedanta Resources, potentially in the US. The group intends to invest $100 billion in India's metals and miner...
Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...
'Seriously concerned': Quad joint statement flags water cannons, blocked ships in South and East China SeasIndia, US, Japan, and Australia foreign ministers met in New Delhi. They voiced serious concerns over the South China and East China Seas. ...
RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
Venezuela soon to become America's 51st state? Here's truth to Donald Trump's shocking remarksDonald Trump has made similar comments about Canada. Rodríguez went on to say that Venezuelan and U.S. officials have been in touch and are...
Cabinet approves National Critical Mineral Mission with an outlay of Rs 16,300 croreThe Union Cabinet has approved the National Critical Mineral Mission with an outlay of Rs 16,300 crore to boost domestic critical mineral p...
India to emerge as global hub for critical minerals: Union Mines ministerUnion minister G Kishan Reddy announced the upcoming launch of the National Critical Mineral Mission to enhance India's production of criti...
Mines Ministry launches first-ever tranche of 13 offshore mineral blocks for auctionIndia began auctioning 13 offshore mineral blocks. These blocks are in the Arabian Sea and Andaman Sea. They contain resources like constru...
Offshore mineral blocks: Govt to launch 1st round of auction on Thursday; 13 mines to be on saleIndia is set to auction 13 offshore mineral blocks in the Arabian Sea and Andaman Sea on November 28, 2024. This groundbreaking initiative ...
Mines ministry identifies some offshore blocks for explorationThe mines ministry has identified offshore blocks within India's exclusive economic zone for granting operational rights, following amendme...
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...
LS passes bill to provide fixed 50-year production lease for offshore mineralsA bill to provide a fixed 50-year production lease for offshore minerals was passed by Lok Sabha on Tuesday amid protests by the opposition...
Offshore Mineral (Development and Regulation) bill passed by Lok SabhaLok Sabha has passed a bill that paves the way for mining offshore minerals. The Offshore Areas Mineral (Development and Regulation) Act of...
Centre sets eyes on ramping up offshore mineral production with new billThe Indian government has introduced a bill to amend the Offshore Areas Mineral (Development and Regulation) Act, 2002, to create a transpa...
Government likely to open up offshore mining of non-atomic minerals for private playersIdentification of mineral blocks has begun and auctions should take off by the calendar year-end, officials in the know told ET.
Mines ministry OKs purchase of 2 surveyor shipsThe survey will focus on seabed mapping and exploration of non-living resources in the offshore sector, exclusive economic zone and interna...
Auction of 60 offshore mineral blocks in first phase: GovernmentOffshore Areas Mineral (Development and Regulation) Act, 2002 will be redrafted in two to three months time, Mines Secretary Balvinder Kuma...
Adopt sustainable mining practices: Pranab MukherjeeThe exploitation of natural resources should be undertaken keeping in mind the threat of natural and manmade disasters, President Pranab Mu...
Government to soon allot 62 offshore mineral blocks for miningThe government is in the process of framing regulations for exploration and mining in offshore blocks, which contain minerals such as zirco...
- Offshore minerals worth Rs 28,000 cr waiting to be explored
In its new role as a regulator, Indian Bureau of Mines (IBM) has started granting licences for exploration of offshore minerals estimated t...