Auction Of Minerals
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20 Blocks Of Critical Minerals, Worth Rs 45,000 Crore, Put Up For Auction
n a bid to address potential supply chain vulnerabilities for materials like lithium, cobalt and titanium, the Centre launched the first tranche of the Critical and Strategic Minerals Auction on Wednesday.
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Centre To Launch First Auction Of Critical, Strategic Minerals Tomorrow
The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.
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Government To Identify Mineral Blocks In Sea, Put Them On Sale
The mines ministry, mines secretary Vivek Bharadwaj , is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India.
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Amendment In Auction Rules To Boost Participation In Mineral Blocks Sale
The present amendment in the rules will supplement the recent policy reforms taken in the mineral sector and facilitate auction of more blocks, thereby increasing production and mineral supply in the country, the statement said.
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Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
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Government To Invite Bids From Global Coal Miners Before End Of 2019: Report
The coal block auctions are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.
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Russian Miner To Auction Off Huge 51-Carat Diamond
Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.
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Coal India Announces Linkage Auction For Non-Regulated Sector
The miner had offered 22 million tonnes of coal in the first tranche and 15 million tonnes in the second tranche, it said.
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280 Mines Worth Rs 10 Lakh Crore To Go Under Hammer In FY'18
Government has chalked out a plan to put as many as 280 mines with a mineral wealth of over Rs 10 lakh crore to auction in the next fiscal, a senior official said.
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Piyush Goyal Seeks States' Cooperation For 100 Per Cent Electrification By 2018
Union Power Minister on Friday sought cooperation from the states to implement various schemes and asked them to expedite the process of mining lease auction as well as the formation of District Minerals Fund.
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India's First Diamond Mineral Block Auctioned In Madhya Pradesh
Bansal Construction Works emerged as the preferred bidder by submitting the highest final price offer after two rounds of competitive bidding.
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States Get Ready For Second Phase Of Mines Auction
After the industry's lukewarm response to the first phase of mines auction, states are gearing up for a second, which will see mines bearing minerals like gold, diamond and iron ore go under the hammer.
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India May Auction Mine With 27 Million Carats Of Diamonds
India will auction a diamond project that global miner Rio Tinto is abandoning, or allocate it to a state firm, said the government.
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Mines And Minerals Bill Passed By Parliament
A bill to allow transfer of captive mines from one allottee to another without auction was passed by Parliament on Monday, a move that will enable banks and financial institutions to sell stressed assets to recover debts.
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Government Plans First-ever Auction For Diamond Mine Soon: Mines Secretary
India plans to hold its first-ever auction for a diamond mine in a little over a month, the country's top mines official said on Friday, as part of New Delhi's efforts to boost local output of minerals and cut expensive imports.
-
20 Blocks Of Critical Minerals, Worth Rs 45,000 Crore, Put Up For Auction
n a bid to address potential supply chain vulnerabilities for materials like lithium, cobalt and titanium, the Centre launched the first tranche of the Critical and Strategic Minerals Auction on Wednesday.
-
Centre To Launch First Auction Of Critical, Strategic Minerals Tomorrow
The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.
-
Government To Identify Mineral Blocks In Sea, Put Them On Sale
The mines ministry, mines secretary Vivek Bharadwaj , is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India.
-
Amendment In Auction Rules To Boost Participation In Mineral Blocks Sale
The present amendment in the rules will supplement the recent policy reforms taken in the mineral sector and facilitate auction of more blocks, thereby increasing production and mineral supply in the country, the statement said.
-
Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
-
Government To Invite Bids From Global Coal Miners Before End Of 2019: Report
The coal block auctions are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.
-
Russian Miner To Auction Off Huge 51-Carat Diamond
Russian mining giant Alrosa is set to auction off a huge 51-carat "Dynasty" diamond and four other high-purity diamonds with a starting price of $10 million, the company says.
-
Coal India Announces Linkage Auction For Non-Regulated Sector
The miner had offered 22 million tonnes of coal in the first tranche and 15 million tonnes in the second tranche, it said.
-
280 Mines Worth Rs 10 Lakh Crore To Go Under Hammer In FY'18
Government has chalked out a plan to put as many as 280 mines with a mineral wealth of over Rs 10 lakh crore to auction in the next fiscal, a senior official said.
-
Piyush Goyal Seeks States' Cooperation For 100 Per Cent Electrification By 2018
Union Power Minister on Friday sought cooperation from the states to implement various schemes and asked them to expedite the process of mining lease auction as well as the formation of District Minerals Fund.
-
India's First Diamond Mineral Block Auctioned In Madhya Pradesh
Bansal Construction Works emerged as the preferred bidder by submitting the highest final price offer after two rounds of competitive bidding.
-
States Get Ready For Second Phase Of Mines Auction
After the industry's lukewarm response to the first phase of mines auction, states are gearing up for a second, which will see mines bearing minerals like gold, diamond and iron ore go under the hammer.
-
India May Auction Mine With 27 Million Carats Of Diamonds
India will auction a diamond project that global miner Rio Tinto is abandoning, or allocate it to a state firm, said the government.
-
Mines And Minerals Bill Passed By Parliament
A bill to allow transfer of captive mines from one allottee to another without auction was passed by Parliament on Monday, a move that will enable banks and financial institutions to sell stressed assets to recover debts.
-
Government Plans First-ever Auction For Diamond Mine Soon: Mines Secretary
India plans to hold its first-ever auction for a diamond mine in a little over a month, the country's top mines official said on Friday, as part of New Delhi's efforts to boost local output of minerals and cut expensive imports.
