Mining In India

The government is likely to put on sale six mineral blocks, including four iron ore mines, in the current month. The move would give a boost to mining sector's contribution to the country's gross domestic product. The four iron ore blocks, situated in Chhattisgarh, are likely to be auctioned on Tuesday, according to the mines ministry. The notice inviting tenders for the mines -- Chhitpuri B iron ore block, Gomter Wakeli, Bijapur, Hahaladdi, North Bastar Kanker, Lohhater, North Bastar Kanker -- were floated last year. The auction of Bandiamottu block in Andhra Pradesh, which has lead and associated minerals such as nickel, cobalt and copper, is also likely to be conducted in February. The notice inviting tender for the block was issued in December last year. Besides, the auction of Udagi Block -- a limestone mine in Karnataka -- has also been extended to be held in February, the ministry said. Since the new procedure for auctioning of mineral blocks was introduced in 2015, a t

The index of mineral production of mining and quarrying sector in September 2022 at 99.5 was 4.6% higher as compared to the level in March 2021

AM Mining India Pvt Ltd, part of ArcelorMittal and Nippon Steel joint venture, completed the acquisition of Uttam Galva Steels Ltd, a downstream steel manufacturer in Maharashtra

With this, there are now a total of 22 private agencies which are engaged in mineral exploration

'White gold' need for electric car batteries is scarce in the country and getting expensive internationally

The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining

The new state mining policy with focus on the requirements of the coastal districts will be released by the end of this month, Karnataka Minister for Mines and Geology Murugesh Nirani has said

The latest amendments come with the Bharatiya Janata Party-led central government opening up key sec­tors for greater private investment

Mines Minister Pralhad Joshi on Friday said the amendments in the mines and minerals act will help create employment opportunities

The demand for resumption of mining in Goa should be tackled sympathetically, India's Sherpa to G20 and G7 Suresh Prabhu said after meeting families of the people dependent on the mining industry

The stoppage of mining in Goa dealt a devastating blow to the livelihoods of people, according to a recent study.

In the construction sector, there is a lack of automation and the resultant dependence on manual labourers. The monsoon is expected to affect the return to normalcy in Q2 of FY21

The Ministry of Mines is now proposing a major shift in policy that can bring more than 700 mineral blocks into the auction mandate

The demand ranges from financial support to tide over liquidity issues to logistics and trade policy support

The government's authority should not be totally compromised. For this, a stance of aggression mixed with caution has to be pursued

Allowing 100% FDI in commercial coal mining doesn't augur well for the sector at a time when global capital is fleeing coal

India's logistics cost as a percentage of its GDP is 14 per cent, against 10% in America and Japan, and 11% for the European Union