Iron ore and coal prices see robust rise due to growing demand The government is reworking the controversial profit-sharing clause in the proposed mining Bill by aligning it with the value of minerals instead of levying a uniform rate, to lessen the burden on a few mining companies. The Mines and Minerals (Development and Regulations) Bill is being debated by a group of ministers to decide on new provisions, including the much-talked about clause on allocating 26% of the profits generated, in favour of persons displaced by the mining project. Strong opposition from mining companies may have prompted the government to explore options of revamping the profit sharing clause, by making it a function of the value of the minerals, said one person with direct knowledge of the review.