The third tranche of E-auction of Critical & Strategic Minerals was launched by the Ministry of Mines today i.e., 14th March 2024. A total of 7 critical mineral blocks are being put up for auction as composite license in this 3rd Tranche. These 7 mineral blocks are auctioned under second attempt of auction as per sub-rule 10 and sub-rule 11(b) of rule ...

One More Coking Coal Mine Auctioned on Third Day of Auctions On third day of auctions under 9th round and 8th round of commercial coal mine auctions, 1 mine was put up for auction. The coal mine is partially explored coking coal mine. The total geological reserve for the coal mine is 200 Million Tonnes. Including today’s auction, a total of 4 coking coal mines have ...

Karnataka and Rajasthan launched auction of Exploration Licence (EL) for critical and deep seated minerals on 06.03.2024. Exploration Licence blocks are being auctioned for the first time in the country. Karnataka launched auction of one block of Gold, Copper and Lithium and Rajasthan launched auction of three blocks of Rare Earth Elements, Rare Metal and Potash minerals. The Mines and Minerals ...

The index of mineral production of mining and quarrying sector for the month of December, 2023 (Base: 2011-12=100) at 139.4 is 5.1 % higher as compared to the level in the month of December, 2022. As per the provisional statistics of Indian Bureau of Mines (IBM), the cumulative growth for the period April- December, 2023-24 over the corresponding period of ...

Coal/Lignite PSUs under the guidance and supervision of Ministry of Coal not only increased their production levels over time to meet the growing energy demands of the nation but have also demonstrated their commitment to the local environment by implementing a range of mitigation and sustainable measures. As part of sustainable greening initiative, extensive plantation programs with native species are ...

The Central Government under Section 20A of the MMDR Act has issued directions and circulated guidelines for Pradhan Mantri Khanij Kshetra Kalyan Yojna (PMKKKY) on 16.09.2015 to be implemented by the District Mineral Foundations (DMF) for taking up development and welfare projects/programs in mining affected areas. Further, Section 9B and Section 15(4) of MMDR Act empowers State Governments to frame ...

Ministry of Coal has launched 6th round of commercial coal mine auctions on November 03, 2022 along with 2nd attempt of 5th round of commercial coal mine auctions. The due date for submission of online & offline bids was December 30, 2022. The Ministry has organized Investor’s Conclaves in Mumbai, Bengaluru and  Indore recently for  which tremendous response was received.  Many requests for ...

The Government has not limited the expansion of mines by amending the renewal of licences rule in the Mineral Concession Rules in the country including Rajasthan. Rather, a uniform lease period of 50 years has been prescribed to ensure certainty in mining lease period. The Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act, 1957] was amended with effect ...

The Government has vested power in the State Governments for enacting laws to check illegal mining. Section 23C of Mines and Minerals (Development and Regulation) Act (MMDR Act) 1957, empowers the State Governments to frame rules to prevent illegal mining and the State Governments may, by notification in the Official Gazette, make such rules for preventing illegal mining, transportation and ...

The Ministry of Coal and the Ministry of Mines jointly held the Investors’ conclave on commercial coal mines auction and opportunities in mining sector on 3rd December, in Bengaluru where Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi was the Chair, Chief Minister of Karnataka, Shri Basavaraj Somappa Bommai was the Chief Guest, and  Minister of Mines & ...