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Mines & Minerals

Raising of Mineral Royalty Rates

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 ...

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Measures Adopted to Curb Illegal Mining

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 ...

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Gold Ore Reserves in India

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 ...

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Salient Features of Coal and Lignite Mine Auctioning

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 ...

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New Coal Mines

Total of 77 coal mines in the country have got Mine Opening Permission from FY 2018-19 onwards. State-wise bifurcation of these mines is as below: S.No Name of State Number of mines 1 Jharkhand 23 2 Chhattisgarh 12 3 Odisha 8 4 West Bengal 14 5 Telangana 12 6 Maharashtra 5 7 Karnataka 1 8 Madhya Pradesh 2 Total 77 ...

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Expert Group unveils report on base revision of Wage Rate Index (WRI) to 2016=100 from base 1963-65=100.

Prof. S.P.Mukherjee, Chairman of Expert Group on Minimum Wages & National Floor Wages, Dr G.C.Manna, Chairman of Technical Advisory Committee of Wage Rate Index, Shri DPS Negi, Principal Advisor, Ministry of Labour & Employment, Ms. Sibani Swain, Additional Secretary, Ministry of Labour & Employment, Ms. Vibha Bhalla, Joint Secretary, Ministry of Labour & Employment and Shri I.S. Negi, DGLB & ...

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Union Minister Shri Pralhad Joshi to Address National Conclave on Mines and Minerals

Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi will be addressing the National Conclave on Mines and Minerals to be held in New Delhi on 23rd of this month. Various stakeholders of the mining sector from across the country will be participating in the conclave and hold strategic discussions on key issues and opportunities in the mining sector ...

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Mineral Production During September 2021 (Provisional) 22.3 per cent Higher than Previous Year

Coal, Lignite, Iron Ore, Chromite, Megnesite and Gold indicate positive growth The index of mineral production of mining and quarrying sector for the month of September, 2021 (Base: 2011-12=100) at 95.1, was 22.3% higher as compared to the level in the month of September, 2020. The cumulative growth for the period April- September, 2020-21 over the corresponding period of previous year has decreased by 15.2 per cent. ...

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Mineral Production during August, 2021 (Provisional) Goes Up by 23.6 Per Cent

The index of mineral production of mining and quarrying sector for the month of August, 2021 (Base: 2011-12=100) at 103.8, was 23.6% higher as compared to the level during last year. The cumulative growth for the period April- August, 2020-21 over the corresponding period of previous year has increased 25.1 per cent. Production level of important minerals in August, 2021were: Coal 539 lakh tonnes, Lignite 37 lakh ...

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Mineral Production Index (Provisional) Shows 23.1% Increase during June this Year

The index of mineral production of mining and quarrying sector for the month of June, 2021 (Base:2011-12=100) at 105.5,was 23.1% higher as compared to the level in the month of June,2020. The cumulative growth for the period April-June, 2020-21 over the corresponding period of previous year has increased 27.4 percent. Production level of important minerals in June, 2021 were: Coal 510 Lakh tonnes, Lignite 34 ...

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