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 …
A 106-million-ton manganese ore deposit was recently discovered in Songtao Miao autonomous county, Guizhou province, the third largest deposit of its kind ever found in Asia, according to the Guizhou Provincial Bureau of Geology and Mineral and Development. Early in 1950s, the largest manganese deposit in Asia was discovered in …
Worldwide extraction of materials triples in four decades, intensifying climate change and air pollution. Rising consumption fuelled by a growing middle class has seen the amount of primary materials extracted from the Earth triple in the last four decades, according to a new report by the United Nations Environment Programme-hosted …
Twelve critical minerals could play an important role in the success of the Make in India programme and the sustainable growth of the Indian economy, according to a study released by the Council on Energy, Environment and Water (CEEW). The study, supported by the Department of Science and Technology (DST), …
The funds would be utilized for environmental conservation, restoration & regeneration activities The Odisha government has decided to bring royalty collected from minor minerals under its environment management trust. Five per cent of the royalty of minor minerals would be collected as per provisions of the Odisha Minor Mineral Concession …
Mines Ministry has asked the Department of Atomic Energy (DAE) to provide the exploration data of areas where the occurrence of atomic minerals is less than the threshold value to expedite auction of such blocks. The recently unveiled Atomic Mineral Concession Rules (AMCR) 2016 stipulates reserving all BSM (Beach Sand …
The Industries and Mines Department, Government of Gujarat has prepared the draft rules named, "The Gujarat Minor Mineral Concession Rules, 2016" for the provisions relating to grant and regulation of mineral concessions of minor mineral under section 15 of the Mines and Minerals (Development and Regulation) Act, 1957.
The Industries and Mines Department, Government of Gujarat has prepared the draft rules named, "The Gujarat Mineral (Prevention of Illegal Mining and Transportation and Storage) Rules, 2016" for the provisions relating to prevention of illegal mining and transportation and storage of mineral under section 23C of the Mines and Minerals …
The firm also has an objective of achieving a capacity of 40 MTPA in the next decade In a bid to ensure raw material self-sufficiency, Sajjan Jindal-led JSW Steel is planning to participate in the upcoming auction of iron ore mines in Karnataka and other states. "JSW Steel currently does …
PANAJI: Goa Chief Minister Laxmikant Parsekar on Sunday mooted the idea of converting exhausted mining pits into environmental projects. "The deserted (exhausted) mining pits should be converted into hospitality or environmental projects (and) then we will be able to balance the environment," he told reporters here. The Chief Minister planted …
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 …
