The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Ministry of Mines administers the Offshore Areas Mineral (Development & Regulation) Act, 2002 (OAMDR Act). The Act provide for development and regulation of minerals resources in the territorial waters, continental shelf, exclusive economic zone and other maritime zones of India and to provide for matters connected therewith or incidental thereto. …
In exercise of the powers conferred by clause (jj), (jk), (jl) and (jm) of sub-section (2) of section 35read with Section 16A of the Offshore Areas Mineral (Development and Regulation) Act, 2002 (17 of 2003), the Central Government hereby makes the following rules, namely: These rules may be called the …
In a significant development, the Ministry of Mines has recently amended the Offshore Areas Mineral (Development & Regulation) Act, 2002 [OAMMR Act], effective from August 17, 2023. The amendment brings about a paradigm shift by introducing a transparent and non-discretionary auction process for the allocation of operating rights in offshore …
The “Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023” brings substantial changes to regulations governing mineral development in offshore areas. This analysis delves into each amendment’s implications and the Act’s broader impact on mineral resource management. The Act’s sections highlight amendments that expand the scope, introduce new definitions, and …
India has proposed opening up offshore mining or deep-sea mining of non-atomic minerals or poly-metallic nodules to private companies. Production leases are to be granted only through competitive bidding. The Offshore Areas Mineral (Development and Regulation) Amendment Bill, 2023, proposing these changes, was introduced in Parliament by the Minister for …
The Ministry of Mines on February 09, 2023 was notified regarding seeking comments/suggestions on the Amendment of the Offshore Areas Mineral (Development and Regulation) Act, 2002. The Ministry of Mines has prepared a draft of the amendments proposed in the Offshore Areas Mineral (Development and Regulation) Act, 2022 (OAMDR Act). …
The Ministry of Mines invites suggestions on draft Offshore Areas Mineral (Development and Regulation) Amendment Bill 2017 seeking to amend the Offshore Areas Mineral (Development and Regulation) Act 2002. Suggestions are invited from the general public, Governments of States and Union Territories, Mining Industry, Stake Holders, Industry Associations, and other …
All minerals in offshore areas, including atomic minerals, but crude oil and other hydrocarbons, are governed by the Offshore Areas Mineral (Development and Regulation) Act, 2002. (Reuters) All minerals in offshore areas, including atomic minerals, but crude oil and other hydrocarbons, are governed by the Offshore Areas Mineral (Development and …
An act to provide for development and regulation of mineral resources in the territorial waters, continental shelf, exclusive economic zone and other maritime zones of India.
