Auction Of Minerals
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Government Launches India's 1st Exploration License Auction For Critical Minerals
Union Coal and Mines Minister G Kishan Reddy on Thursday launched nation's first-ever auction of Exploration Licences (ELs) for 13 exploration blocks for critical minerals.
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20 Blocks Of Critical Minerals, Worth Rs 45,000 Crore, Put Up For Auction
n a bid to address potential supply chain vulnerabilities for materials like lithium, cobalt and titanium, the Centre launched the first tranche of the Critical and Strategic Minerals Auction on Wednesday.
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Centre To Launch First Auction Of Critical, Strategic Minerals Tomorrow
The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.
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Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
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Russian Miner To Auction Off Huge 51-Carat Diamond
Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.
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Piyush Goyal Seeks States' Cooperation For 100 Per Cent Electrification By 2018
Union Power Minister on Friday sought cooperation from the states to implement various schemes and asked them to expedite the process of mining lease auction as well as the formation of District Minerals Fund.
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India May Auction Mine With 27 Million Carats Of Diamonds
India will auction a diamond project that global miner Rio Tinto is abandoning, or allocate it to a state firm, said the government.
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Mines And Minerals Bill Passed By Parliament
A bill to allow transfer of captive mines from one allottee to another without auction was passed by Parliament on Monday, a move that will enable banks and financial institutions to sell stressed assets to recover debts.
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Bills to Auction Mines, Cancelled Coal Blocks Passed in Rajya Sabha
Hours before Parliament breaks for a month-long recess in the Budget session, the Mines and Minerals Bill and the Coal Mines Bill were passed by the Rajya Sabha, with the government managing to swing the support of some opposition parties.
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Cabinet Clears Ordinance to Make Acquisition of Land Easier
The cabinet has cleared emergency executive orders to greatly ease land-acquisition rules and auction minerals such as iron ore to kickstart hundreds of billions of dollars in stalled projects. Finance Minister Arun Jaitley said that while the interests of farmers have been protected, five categories of projects including defense and national secu...
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Prime Minister's Office and Attorney General disagree over assigning mines
The report by the national auditor on the massive losses caused by the allocation of coal fields is being refuted by the government, but has led to the Prime Minister suggesting that no mines in the mines and minerals sector be assigned for now. The auditor's report said that because an auction was not held for coal blocks between 2004 and 2009, th...
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Government Launches India's 1st Exploration License Auction For Critical Minerals
Union Coal and Mines Minister G Kishan Reddy on Thursday launched nation's first-ever auction of Exploration Licences (ELs) for 13 exploration blocks for critical minerals.
-
20 Blocks Of Critical Minerals, Worth Rs 45,000 Crore, Put Up For Auction
n a bid to address potential supply chain vulnerabilities for materials like lithium, cobalt and titanium, the Centre launched the first tranche of the Critical and Strategic Minerals Auction on Wednesday.
-
Centre To Launch First Auction Of Critical, Strategic Minerals Tomorrow
The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.
-
Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
-
Russian Miner To Auction Off Huge 51-Carat Diamond
Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.
-
Piyush Goyal Seeks States' Cooperation For 100 Per Cent Electrification By 2018
Union Power Minister on Friday sought cooperation from the states to implement various schemes and asked them to expedite the process of mining lease auction as well as the formation of District Minerals Fund.
-
India May Auction Mine With 27 Million Carats Of Diamonds
India will auction a diamond project that global miner Rio Tinto is abandoning, or allocate it to a state firm, said the government.
-
Mines And Minerals Bill Passed By Parliament
A bill to allow transfer of captive mines from one allottee to another without auction was passed by Parliament on Monday, a move that will enable banks and financial institutions to sell stressed assets to recover debts.
-
Bills to Auction Mines, Cancelled Coal Blocks Passed in Rajya Sabha
Hours before Parliament breaks for a month-long recess in the Budget session, the Mines and Minerals Bill and the Coal Mines Bill were passed by the Rajya Sabha, with the government managing to swing the support of some opposition parties.
-
Cabinet Clears Ordinance to Make Acquisition of Land Easier
The cabinet has cleared emergency executive orders to greatly ease land-acquisition rules and auction minerals such as iron ore to kickstart hundreds of billions of dollars in stalled projects. Finance Minister Arun Jaitley said that while the interests of farmers have been protected, five categories of projects including defense and national secu...
-
Prime Minister's Office and Attorney General disagree over assigning mines
The report by the national auditor on the massive losses caused by the allocation of coal fields is being refuted by the government, but has led to the Prime Minister suggesting that no mines in the mines and minerals sector be assigned for now. The auditor's report said that because an auction was not held for coal blocks between 2004 and 2009, th...
