CEOs need to accelerate their action plans to safeguard the production of commodities critical to the global population and economy as heat stress and drought risk rise around the world, according to PwC's report, Climate Risks to Nine Key Commodities: Protecting People and Prosperity, published. The report, which analysed nine …
Paves way for auction of 100 blocks; analysts say global players like Rio Tinto and BHP will be attracted The Cabinet has overhauled India's mineral exploration policy to accelerate the development of the country's untapped reserves of iron ore, gold, diamonds, limestone, tungsten and other minerals by luring private participation …
Rs 2,116 crore would be required over five years to implement the policy The Cabinet approved a National Mineral Exploration Policy (NMEP). This will allow auction of 100 prospective mineral blocks. The government now expects to attract the private sector in exploration, beside strengthening state-run Geological Survey of India (GSI), …
In a bid to attract private investments including foreign direct investment into the business of mineral exploration, the government cleared a new National Mineral Exploration Policy (NEMP). It policy allows for making the basic geoscience data, a pre-requisite for investments in the sector, to be made publicly available The Union …
The European Union on Wednesday agreed an outline deal on a law to clean up the commodities supply chain, so importers will have to carry out checks to stem the use of gold and other metals from conflict zones, European politicians said. Human rights campaigners said the agreement was progress …
JAIPUR: Congress state president Sachin Pilot has blamed the Vasundhara Raje-government for closing down of more than 20,000 mines in the state for want of environmental clearances (ECs). Thousands of mines workers have been rendered jobless because of the state government's 'over smartness', Pilot has said. Last year the mine …
To promote sustainable sand extraction, these guidelines released by the Union ministry of environment and forests lays emphasis on monitoring of the mined out material, which is key to the success of environment management plan. It has suggested tapping “alternative sources of sand and gravel”. The main objectives of the …
Venezuelan President Nicolas Maduro announced on Tuesday the creation of a ministry devoted just to mining, as the OPEC nation pushes to develop untapped mineral resources to diversify away from the oil industry, which provides nearly all its foreign exchange. Maduro's government is seeking international partnerships with foreign investors to …
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 …
The government plans to auction as many as 25 mines minerals such as iron ore, gold, bauxite and limestone by August this year. So far, the mineral-bearing states have put under the hammer 47 mineral blocks, of which six have been sold, garnering a revenue, including royalty, DMF and NMET …
Goa Environment Minister Rajendra Arlekar today said the state government will not allow dumping of rejected iron ore in the forests or protected areas . "We will not allow the rejected iron ore to be dumped in the forest or protected areas any more," Arlekar told reporters here today. The …
In exercise of powers conferred by section 9B, sub-section (4)of section 15 and 15A of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957). the State Government makes the following rules. These rules may be called The District Mineral Foundation Trust Rules, 2016. They shall …
In exercise of powers conferred by section 9B, sub-section (4)of section 15 and 15A of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957). the State Government makes the following rules. These rules may be called The District Mineral Foundation Trust Rules, 2016. They shall …
The government of India has notified the Minerals (Transfer of Mining lease Granted otherwise than through Auction for Captive Purpose) Rules, 2016. The new regulation will not only boost mergers and acquisitions in the mining and related sectors but will unlock billions of dollars of additional revenue to the states. …
Panaji: The ministry of mines has decided to hold a state-level meeting of ministers in charge of mining departments, on Friday, May 27, in Goa, to discuss issues pertaining to illegal mining. Preparedness for e-auction of major mineral blocks, setting up of the district mineral fund (DMF), status of collection …
In exercise of the powers conferred by section 15 of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957), the State Government hereby makes the following rules further to amend the Rajasthan Mineral Concession Rules, 1986. These rules may be called the Rajasthan Minor Mineral …
In exercise of the powers conferred by section 15 of the Mines and Minerals (Development and Regulation) Act, 1957 (Central Act No.67 of 1957), the State Government hereby makes the following rules further to amend the Rajasthan Mineral Concession Rules, 1986. These rules may be called the Rajasthan Minor Mineral …
The Ministry of Mines has prepared the draft rules named ―The Mineral (Transfer of Mining Lease Granted Otherwise than through Auction for Captive Use) Rules, 2016” for prescribing the terms and conditions and the amount or transfer charges for effecting the transfer as per the provisions of the proviso to …
An Act further to amend the Mines and Minerals (Development and Regulation) Act, 1957. This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2016.
The Karnataka government on Monday moved the Supreme Court seeking extension of time till June-end to complete the e-auction process for sale of iron and manganese ores in the state. Citing unexpected reasons which stalled auctions of the 15 category ‘C’ mines, it submitted that it went ahead “with complete …
Panaji: The dealing between mining activists, a mining company and politicians has come to the fore with the slugfest over the ongoing issue of alleged illegal ore transportation. The stoppage of e-auction iron ore transportation at Cavrem village has brought out some "secret deals" between the mining company, mining activists …
