All that glitters in Indian mining is not gold say exploration companies
The Narendra Modi government wants to put mineral areas that it has, and may not have, up for bidding. These include five-hundred odd mineral deposits that companies like Deccan Gold claim vested rights to under a section of the Mines and Minerals (Development and Regulation) Act, 2015 that the Mines Ministry now wants to delete.
Coal India to use drones for measuring production at new mines
At present, quantity of top soil removed by contractors from coal seams and co...
Coal India arm to see viability of merger of NTPC's two mines in Chhattisgarh
According to preliminary estimates before exploration, total ex...
Workers' union oppose commercial coal mining
S Q Zama, Secretary General INMF said: “Allotment of coal blocks to private companies and even to government companies under Coal Mines (Special Provisions) Act, 2015 did not take off except for few exceptions.
Mining exploration is linked to mining lease for 1st time in India: Dharmendra Pradhan
New Delhi, May 17 (ANI): While speaking to ANI in the national capital on May 16, the Union Minister of Petroleum and Natural Gas, Dharmendr...
Top metals and mining cos opt for latest tech in safety push
From running drones to bringing face mask detection softwares, top metals and mining companies are adopting new digital and automation technology to ensure safety protocols in their labour-intensive mining fields in the wake of ongoing Covid-19 crisis.
Niti Aayog warns mines ministry against cancellation of pending claims
As part of major reforms announced recently, the Centre is reported to be considering deletion of a provision in the Mines and Minerals (Development and Regulation) Act, 2015 that guarantees a successful explorer the right to move ahead --from a reconnaissance permit to a prospecting licence, or from a prospecting licence to a mining lease.
Coal India subsidiary asks customers to extend validity of bank guarantees
According to the letter validity of the bank guarantees shall be throughout the pendency of lifting -- from starting date to the last eligible date for lifting of coal plus 45 days in case the fuel is transported on road.
A $3 billion fund may aid India’s mining belt after virus havoc
District Mineral Foundation funds have nearly Rs 23,800 crore, according to data from mines ministry.
Coal India arm assures compliance with green rules for mining in new Assam project
There is opposition from different quarters to coal mining in the area on the ground that it will pose threat to the environment and wildlife. Assam forest Minister Parimal Suklabaidya visited the area to take stock of the actual situation.
Commercial mining to improve coal availability, attract FDI, say experts
Finance Minister Nirmala Sitharaman in her fourth tranche of the economic package announced that commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.
Mineral production in India flat in March
For the whole 2019-20 year, mineral production rose by 1.7 per cent, the ministry said in a release. Coal production rose by 4.3 per cent to 958 lakh tonnes in March over the same month last year. Chromite production increased by 15.9 per cent to 582,000 tonnes and iron ore by 8.3 per cent to 204 lakh tonnes in March.
NMDC looks to restore full production in a month
Although its biggest customer segment — the steel industry — has been running at less than half the capacity due to low demand from end users in auto, construction and infra, NMDC expects stocking of iron ore by steel companies in the forthcoming monsoon period.
Mahanadi Coalfields posts 42.6% growth in top soil removal
For the month, till May 25, MCL’s top soil removal registered a 53% growth at 12.95 million cubic metres compared to 8.46 million cubic metres during the previous corresponding period last year. Target achievement was 102%.
States get Rs 102.7 crore as upfront payment for coal mines
The amount towards upfront payment to the coal-bearing states i.e. Chhattisgarh, West Bengal, Madhya Pradesh and Odisha was sanctioned, an official said.
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