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Mines & Minerals

Ministry of Coal to Host Star Rating Awards Ceremony, Stakeholder Consultation on MDOs, and Release of Coal Directory on October 21, 2024

Ministry of Coal is organizing the Star Rating Awards Ceremony, Stakeholder Consultation on Mining Developers cum Operators (MDOs), and the Release of the Coal Directory of India on October 21, 2024 at Scope Convention Centre, Scope Complex, Lodhi road, New Delhi. These events aim to recognize the exceptional performance of coal and lignite mines, foster engagement with key stakeholders, and ...

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44 Bids Received under 10th Round of Commercial Coal Mine Auctions

The Ministry of Coal has received an overwhelming response for the coal mines offered under the 10th round of commercial coal mine auctions, with a total of 44 bids submitted in physical form. The substantial number of bids underscores the continued interest and participation from stakeholders in India’s evolving coal sector. The 10th round of auctions, launched by the Ministry ...

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Import of Minerals

Year-wise quantity and value of import of top ten major minerals (which account for over 97% of import value of major minerals) from FY 2018-19 to FY 2023-24 are given at Annexure. State-wise trade data is not maintained. Export/ Import data is available product/ country/ period wise. Exploration activities for various mineral commodities, which includes pitting, trenching and drilling, are ...

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Auction for Critical Mineral Blocks

The Central Government has amended the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 through the MMDR Amendment Act, 2023, whereby Central Government has been empowered to auction 24 critical and strategic minerals in part D to the Schedule-I of the MMDR Act, 1957. So far, 14 critical mineral blocks have been successfully auctioned having minerals viz., Lithium, REE, ...

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STRATEGIC MINING PROGRAMME FOR EXPLORATION OF CRITICAL MINERALS

The Central Government has taken up several initiatives for promoting exploration and mining of Critical Minerals in the country. The Mines and Minerals (Development and Regulation) Act, 1957, has been amended in 2023 to empower Central Government to auction blocks in respect of 24 critical and strategic minerals. So far 14 blocks have been successfully auctioned. In order to promote ...

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Mining Sector Registers Record Production in FY 2023-24

The index of mineral production for the month of March 2024 was 156.1, which is 1.2% higher as compared to the level in the month of March 2023. The index for the entire FY 2023-24 has increased by 7.5% over FY 2022-23. Some of the non-fuel minerals showing positive growth during the month of March 2024 as compared to the ...

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Ministry of Mines Launches Third Tranche of Auction of Critical and Strategic Minerals

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 ...

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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 ...

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Launch of Exploration Licence for Critical and Deep Seated Minerals by the States of Karnataka and Rajasthan – A First in the Country

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 ...

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Mineral Production in the Country Grows by 5.1% in December 2023

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 ...

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