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OFFSHORE MINING AUCTIONS
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...- Parliamentary panel flags delays, seeks priority for clearances for critical mineral projectsA Parliamentary Panel has highlighted delays between mine auctions and their operationalisation. It recommends an inter-ministerial committ...
- Indian firms seek help from Dutch Royal IHC for deep-sea mineral explorationIndian mining and cement companies have sought technical assistance from Dutch shipbuilder Royal IHC to prepare bids for deep-sea mineral b...
- 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...
- Centre to launch National Critical Mineral Mission to boost production: Union ministerUnion minister G Kishan Reddy announced the upcoming launch of the National Critical Mineral Mission to increase domestic production and re...
- Govt set to organise roadshow on offshore mineral block auction at PorbandarThe Indian government is hosting a roadshow in Porbandar, Gujarat, to promote the sale of offshore mineral blocks. The event will detail th...
- 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 ...
- Govt plans to auction offshore mineral blocks in 2-3 months: G Kishan ReddyIndia's government is gearing up to auction off approximately 10 offshore mineral blocks within the next few months, aiming to boost domest...
- Centre readies to auction 10 offshore mineral blocksThe centre will soon auction ten offshore mineral blocks to expand raw material sources for key industries like construction. Secretary of ...
- India will become leader in offshore mining: OfficialMines Secretary V L Kantha Rao in his address on Monday had said that the auction of offshore mines will begin in three months' time. The O...
- India looking at Africa for critical minerals, says mines secretaryIndia is exploring Africa for minerals like cobalt and engaging with Australia for lithium blocks. V L Kantha Rao, Mines Secretary, highlig...
- First tranche of offshore mineral auction expected by mid-2024: Pralhad JoshiThe first tranche of offshore minerals auctions, including 10 blocks, is likely to kick off by June-July this year. The auctions are being ...
- 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...
- Critical mineral, offshore mineral blocks set for auction in 2024In a strategic move, India is set to auction critical and offshore mineral blocks, along with issuing exploration licenses in 2024, aiming ...
- 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...
- Govt to introduce amendment bill for offshore mineralsThe Offshore Areas Mineral (Development and Regulation) Act was enacted in 2002. However, not even a single rock could be mined out from th...
- 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.
- 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...
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