The Mineral Laws (Amendment) Bill, 2020
<p>Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed
Ministry of Mines
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No need for mine tax like Australia: Dinsha Patel
Mines minister Dinsha Patel on Wednesday refused to entertain the Odisha government’s demand for imposing a mineral resource tax on the lines of Australia and also questioned the state’s Chief Minister
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Mining firms rush to State
The illegal mining scam has not deterred mining companies from making a beeline for Karnataka. Over 19,000 applications seeking permission to excavate ore in the State are pending with the government. Data compiled by the Union Ministry of Mines shows that of the 42,535 pending applications seeking permission for mining in various mineral-rich states in the country, (as on April 19), more than 45 per cent (19,351) of them are pending in Karnataka alone — the highest in the country.
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Deemed leases of 89 mines to be renewed
PANJIM: The leases of 89 operational mines, working on deemed leases would be renewed by end of May with State Government in process of imposing revised rates of Stamp Duty. A stamp duty of Rs 1 lakh per hectare is likely to be imposed on the mines for renewal. As per the Mines and Minerals Regulation Development (MMRD) Act, which is under amendment, States have the power to increase stamp duty on mining leases if the royalty payments exceed the levels assumed at the time of the lease.
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Post SC caution, MinesMin seeks legal view on mineral concessions
Following the Supreme Court warning that the first-come-first-serve system for granting mineral concessions may be misused “by unscrupulous people,” the mines ministry has sought legal opinion on how to
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Ensure timely renewal of mine leases, Centre tells states
Pending applications surge across categories, in breach of rules for disposal The central government, in a bid to bring in transparency and accountability in the mining sector, has asked states to scrupulously ensure timely renewal of leases as prescribed under Rule 24A of the Minerals Concession Rules (MCR).
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Ministry indifferent to illegal mining
Shows cold response to recommendations on curbing illegal mining of iron, manganese THE UNION Ministry of Mines has responded coldly to the recommendations of the M B Shah Commission on curbing illegal
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Mining policy by May Will govt go for draft policy or new document?
PANJIM: Goa will have its own mining policy by May but the decision on whether to work on the draft policy or have a fresh document is yet to be taken by the government. The State already has a draft policy which was formed in the year 2008 and pending notification. The policy was drafted much earlier to the noise about illegal mining trade in the State.
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Iron ore not a ‘strategic mineral’: Mines ministry
The mines ministry has shot down the steel ministry’s proposal that iron ore should be classified as “ a strategic mineral”. The mines ministry argues that iron ore is available in abundance in the country
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State slow in granting mining lease
BHUBANESWAR: The Ministry of Mines has taken exception to a large number of applications pending for mineral concession and renewal of mining leases with the State Government. “It is noticed that the
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Union Mines ministry urges Goa to clear backlog of lease applications
PANJIM: The Union Mines ministry has asked Goa government to launch a special drive to clear the backlog of 1144 application of mining leases pending with them. As per the quarterly report submitted by state government, Goa has 765 fresh pending applications which includes 12 Reconnaissance Permits (RP), 660 Prospecting Licence (PL) and 93 Mining Leases (ML).