The Central Government through notification dated 18th June, 2021 has issued the Minerals (Evidence of Mineral Contents) Amendment Rules, 2021. The amendment provides that a detailed reassessment of resources shall not be required to be carried out in cases where the estimate of Mineral Resource required for auction can be assessed on the basis of the available report of exploration or geological study report or last approved mining plan for the said area, after adjusting for the mineral already produced from the mine.
