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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States can call bids at mineral prospecting stage
Granting mining leases will not be the only area where auctioning would be employed as a method of screening corporates, as per a proposed legislation. The new mining Bill, which the Union Cabinet approved
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Mining scam: Goa govt told to furnish data on iron ore exported through Mormugao port
Armed with a report prepared by the former Karnataka Lokayukta on illegal mining, the Union Ministry of Mines has asked the Goa Government to furnish data on the allegations that the Mormugao Port Trust
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Goa Govt told to submit details on iron ore dumps
The Ministry of Mines has asked the Goa Government to provide details on low-grade ore dumps that have piled up alongside extraction sites in the coastal state by October 18, sources said today. The
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Union Ministry of Mines asks Goa Govt. to furnish details of Karnataka ore transported through Goa
PANJIM: After being exposed through Karnataka Lokayukta report, Goa government has been ordered by Union Ministry of Mines to give details of the Karnataka ore used in Goa for blending local ore and also
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Goa set to have 1,000 odd mining leases very soon!
PANJIM: State Mines and Geology department has almost 623 prospecting licences pending for the approval, besides the existing 595 deemed leases which are being processed, a government document revealed.
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NMDC to buy five more mines abroad
State-owned NMDC, which had recently struck a deal to acquire 50 per cent in Australia’s Legacy Iron Ore for about Rs 90 crore, is in the process of acquiring five more mines abroad.
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Draft Mines and Minerals (Development and Regulation) Bill, 2011
<p><span id="itro1">This bill approved by the union cabinet provides for mining companies to keep aside 26 per cent of their net profits for a mineral development fund to be used for the development and
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Mines Ministry to fast track mineral concessions
State empowered committees to monitor concession system Seeking to address the issue of illegal mining practices, the Mines Ministry has drawn up plans to tighten state-level governance machinery for eradicating delays in the grant of mineral concessions.
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India spent only Rs 800-900 crore on mineral exploration in last 60 years, says panel
India, the world’s second fastest growing economy, has spent not more than Rs 800-900 crore in the past 60 years in mineral exploration. According to a committee set up by the Union mines ministry, the
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Now mining companies might have to report to IBM under United Nations Framework Classification guidelines.
PANJIM: All mining companies may now have to submit their annual report on exploration work carried out at the site along with mining operation to Indian Bureau of Mines (IBM). Ministry of Mines in fresh draft guidelines released for Reporting of Mineral Reserves and Resources under United Nations Framework Classification (UNFC) has decided to implement the same, failing which action would be initiated by cancellation of mining lease for violating Mineral Conservation and Development Rules (MCDR), 1988.