Category: Mining

NITI Aayog had recommended that instead of amending the CMSP Act, Ministry of Coal may insert a clause in the Coal Mine Development & Production Agreement signed between the Government and the Government companies’ allottees …

Read More "Revival of Coal MDO Contracts"

A provision has been made for a 50% rebate in revenue share for all future commercial coal block auctions for the coal used in gasification purposes provided the coal quantity used for gasification is at …

Read More "Ministry of Coal incentivizes private sector companies for developing coal gasification projects"

It is a Mobile App of the Ministry of Coal for Reporting Illegal Coal Mining and a tool for reporting any illegal coal mining incident through geo-tagged photographs and textual information by any citizen from …

Read More "KhananPrahari App to check illegal coal mining"

The release elucidates that the government has taken measures to provide and environment of self-sufficiency in steel productions. These measures include the notification of Production-Linked Incentive (PLI) Scheme for Specialty Steel with an outlay of …

Read More "Press Release on Measures taken to attain “Self Sufficiency” in Steel Production"

Through this amendment a new rule 22A which deals with the Amount of contribution to be made to the District Mineral Foundation in which Every holder of quarrying lease or quarrying permit or sand permit …

Read More "The Goa Minor Mineral Concession (Amendment) Rules, 2022."

Through this amendment, the state government under section 64A shall charge simple interest at the rate of 12% per annum by revising its earlier rate of 24% on any rent, royalty or fee, or other …

Read More "The Mineral Concession (Amendment) Rules, 2022."

Copper and Iron ore Mining industry to be a public utility service with respect to the Industrial Disputes Act, 1947.

Central Government has amended the Mines and Minerals (Development and Regulation) Act, 1957 to revise the RATES OF ROYALTY for minerals.

Through this amendment, a new formula has been notified which shall be used by Indian Bureau of Mines for arriving at the average sale price of Glauconite and Potash.

The Ministry had proposed reasonable rates of Royalty in order to encourage better participation in auction, which has been approved by the Union Cabinet. These rates have been fixed after extensive consultations with the State …

Read More "Cabinet approves Amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 for specifying rate of royalty in respect of certain minerals."