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Mines ministry rolls out draft guidelines for offshore mineral auctions and exploration, seeks public input, ET EnergyWorld

This move comes after the recent amendment to the Act on August 17, 2023, which aims to modernize and regulate the extraction of mineral resources in the country s territorial waters, continental shelf, exclusive economic zone, and other maritime zones.

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offshore blocks: Mines ministry identifies some offshore blocks for exploration

The mines ministry has identified offshore blocks within India s exclusive economic zone for granting operational rights, following amendments to the Offshore Areas Mineral (Development & Regulation) Act (OAMDR) in August. The ministry has sought comments from relevant departments to prevent overlapping with other projects.

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Mines ministry unveils draft rules for offshore minerals auction

Mines ministry unveils draft rules for offshore minerals auction
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Ministry Of Mines: Mines ministry rolls out draft guidelines for offshore mineral auctions and exploration, seeks public input, ET Auto

Ministry Of Mines: This move comes after the recent amendment to the Act on August 17, 2023, which aims to modernize and regulate the extraction of mineral resources in the country s territorial waters, continental shelf, exclusive economic zone, and other maritime zones.

New delhiAreas mineral development regulationAreas mineral trustOffshore areas mineralOffshore areas existenceMineral resources rulesGeneral explorationConstruction gradesilica sandLime mudCalcareous mudOffshore areas mineral conservationDevelopment rulesOffshore areas mineral concession rulesOffshore areas mineral trustMinistry of minesSilica sand