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UNDERGROUND MINE AUCTIONS
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...- Mining industry flags retrospective impact of new auction rules; govt says aim is to curb hoardingOfficials, however, maintain there is no retrospective applicability of law and penal provisions would apply only to future approvals. "The...
- Coal ministry puts up 41 mines for auctionIndia's coal ministry is auctioning 41 mines, including 21 for underground coal gasification. This move aims to convert deep coal into syng...
- Govt to introduce underground coal gasification specific provisions within auction frameworkIndia is set to boost its energy independence. The government will introduce underground coal gasification in its upcoming coal mine auctio...
- Working hard to increase coal gasification: Coal & mines minister G Kishan ReddyThe government is actively promoting coal gasification to diversify mining practices and encourage cleaner coal utilization. An action plan...
- Govt to launch 13th round of commercial coal mines auction on ThursdayThe government is scheduled to launch the 13th round of commercial coal mine auctions on August 21, 2025, in New Delhi, aiming to boost coa...
- Coal ministry plans to offer additional incentives in underground mine auctionsThe Coal Ministry is planning incentives to boost underground coal block auctions in line with sustainable coal production. Currently, 37 o...
- Hindalco, JSW Steel in race for copper mines in JharkhandHindalco Industries and JSW Steel are competing for two copper mines in Jharkhand. The auction will occur in October. Hindustan Copper's ai...
- Coal ministry reviews progress of 71 auctioned mines to boost domestic productionThe Coal Ministry reviewed the progress of auctioned coal mines, emphasising the need to expedite operationalisation. With 71 coal blocks i...
- Sops for underground mining in the works, says Mines Minister Pralhad Joshi"Underground (UG) mines are being bid out under commercial auction regime. This idea is to produce at least 10% of India's coal production ...
- Tata Steel arm bags the Sukinda chromite mine at 93.75% premiumTata Steel subsidiary TS Alloys emerged as the highest bidder in the auction held on Tuesday, committing to pay the Odisha government 93.75...
- Captive coal miners allowed to sell 25% output in open marketThe last date for bid submission is November 28 and the auctions are likely to commence in mid-January, a senior coal ministry official sai...
- CIL invites global cos for consultancy on coal gasificationUCG is a method of extraction of energy from coal/lignite resources which are otherwise regarded as uneconomical to work through convention...
- Government sets up inter-ministerial panel on coal gasificationIn the perspective of next two years some explored blocks will be identified for offer. Additional blocks will be identified for offer in t...
- Government utilities get CCEA nod to restart commercial coal miningThe coal ministry also held a closed-door meeting with industry on Monday to discuss issues related to commercial coal mining by private fi...
- Cabinet approves coal block auction for underground gasificationUCG is a method of extraction of energy from coaland lignite resources which are otherwise regarded as uneconomical to work through convent...
- Coal ministry plans to auction isolated coal blocksThe government has identified Yellendu Dip Side in Telangana and Bandha-Singrauli Main Basin in Madhya Pradesh, along with five lignite blo...
- CIL invites tender for Rs 686 crore ERP projectTo improve IT infra and information flow from mines, CIL on Monday invited bids from IT companies for a Rs 686-crore project to implement a...
- MNCs keen on coal mining in IndiaCompanies like XIndia Ltd, Australia’s White Mining Co, Bucyrus and UK’s Anglo Coal are among the companies who have evinced an interest to...
- CIL to offer superior grade coal for 5-6 years to non-core consumersCoal India Ltd (CIL), for the first time, has decided to offer superior grade coal extracted from underground mines on a five-six-year cont...
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