Including 18 new coal mines, the Ministry of Coal has placed on offer 122 coal / lignite mines today under commercial auction of coal mines. Addressing the fifth tranche of auction launch, Union Minister of Coal, Mines & Parliamentary Affairs Shri Pralhad Joshi said  that 42 coal mines have already been auctioned successfully  so far.  Along with ensuring energy security ...

Till December 2021, ₹ 57,411 crore has been collected under District Mineral Foundation (DMF) in the country. Details are in Annexure – I The Central Government under Section 20A of the MMDR Act has issued directions and circulated guidelines for Pradhan Mantri Khanij Kshetra KalyanYojna (PMKKKY) on 16.09.2015 to be implemented by the District Mineral Foundations (DMF) for taking up ...

Total of 32 coal mines have been auctioned by Ministry of Coal from FY 2016-17 onwards to till date. Details of coal mines auctioned may be found in the Annexure. Out of afore mentioned 32 coal mines successfully auctioned, four coal blocks having Annual production capacity of 21.6 Million Tonne are situated in the State of Odisha. Total of Rs.7,37,51,41,459/- has ...

Ministry of Mines has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 and the Mineral (Auction) Fourth Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015 [MEMC Rules] and the Mineral (Auction) Rules, 2015 [Auction Rules], respectively. The amendment rules have been framed after extensive consultations with the State Governments, industry associations, miners, ...

The auction process of 88coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on October 12, 2021. The last date of submission of Technical Bid was December 14, 2021. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (December 15, 2021) in the presence ...

Details of welfare schemes in mining areas, State-wise and fund allocated are as per Annexure-I. Government has taken following actions to check the ensure misuse of District Mineral Foundation Trust Fund which is for welfare of people and areas affected by mining related activities: i.      To ensure effective implementation of the PMKKKY scheme in transforming the living standards / ...

In exercise of the powers conferred under sub-section (3) of Section 9 of the Mines and Minerals (Development and Regulation) Act, 1957, the Central Government notified the rates of royalty vide Gazette Notification dated 01.09.2014 and royalty rates prior to 2014 were notified vide Gazette Notification dated 13.08.2009. The current rates of royalty on iron ore, chromite, manganese ore, bauxite ...

The Ministry of Mines, through Indian Bureau of Mines (IBM), has developed the Mining Surveillance System (MSS), in coordination with Bhaskaracharya Institute for Space Applications & Geo-informatics (BISAG), Ministry of Electronics & Information Technology (MeitY) to use space technology for curbing illegal mining activities of major minerals in the country. The system checks upto 500 meters around the existing mining ...

As per National Mineral Inventory, the total resources of primary gold ore in the country as on 1.4.2015 are estimated at 501.83 million tonnes with 654.74 tonnes of gold metal and out of this, Bihar is endowed with 222.885 million tonnes (44%) of ore containing 37.6 tonnes of metal. These resources of gold in Bihar are categorized underUnited Nations Framework ...

Methodology for auction of coal and lignite mines / blocks for sale of coal / lignite on revenue sharing basis has been issued on 28.05.2020. Both private and government companies are eligible to participate in the auction process. Salient features of the Methodology are as under: Based on Revenue sharing mechanism. Floor percentage at 4%. Applicable to fully explored as ...