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Govt signs allotment pacts with state PSUs for 7 coal mines
November 2016
GoI has allotted seven coal mines to state companies, for undertaking commercial mining and sale of the dry fuel.
Firms identified for disinvestment in mineral, oil, metal, energy sectors
September 2016
The finance ministry said that some state run enterprises have been identified for disinvestment in sectors like mineral and metal, oil, energy, capital goods as well as some mid-size and small stocks.
Meghalaya to push for resumption of coal mining
August 2016
The Meghalaya cabinet approved a proposal made by the Mining and Geology department to exclusively follow up with different ministries of the Centre to ensure that coal mining resumed in the state at the earliest.
Govt identifies 100 mineral blocks for exploration to boost output
March 2016
India has identified 100 blocks for exploration by private companies, the mines and steel minister said, as premier Narendra Modi´s government wants to boost mineral output and cut dependence on overseas purchases.
Mines ministry set to identify 50 blocks for private exploration
February 2016
The government is identifying large tracts of land to be given to private companies for detailed exploration of minerals. Mines Secretary Balvinder Kumar
New rules for atomic minerals in the offing
January 2016
With the new mining law putting a question mark on the fate of private rare earth mineral sector, the Centre is gearing up to come out with rules governing leases of atomic minerals. These rules will define the threshold of radioactive content beyond, which private companies will not be allowed to mine. It will also define the concession period and the area to be given out on lease.
Mines ministry to generate Rs.6,000 crore
October 2015
The mines ministry is hopeful of generating funds worth nearly Rs 6,000 crore per year from existing mines under the District Mineral Foundation (DMF).
NMDC, Hindustan Zinc to be hit by new mining law
August 2015
Earnings of cash-rich miners such as NMDC and Hindustan Zinc are likely to be hit by the provision in the new mining law to provide higher funds for the District Mineral Foundation (DMF).
Rajasthan likely to re-auction 400 small mining leases in 2015
July 2015
Rajasthan, which accounts for 9 per cent of total mining production in India, may put small size mining leases under the hammer in a bid to expand its area under mining and increase revenue.
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