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Now, minor mineral block holders to pay towards District Mineral Foundation - Jammu Kashmir Latest News | Tourism

Decision taken to avoid loss to exchequer of G&M Deptt *12% interest per annum to be charged for delay Mohinder Verma JAMMU, Feb 9: In order to avoid loss to the exchequer of the Geology and Mining Department, the Government has decided that now onwards the minor mineral block holders will pay from the royalty amount fixed by the Government towards District Mineral Foundation. Moreover, interest at the rate of 12% per annum will be charged in case of delay […]
Jammu And Kashmir Pradhan Mantri Khanij Kshetra Mohinder Verma Minerals Development Kashmir District Mineral Foundation Composition District Mineral Foundation

In Karnal village, illegal mining was on despite lease expiry month ago: Probe

With the official mining lease in the Garhibehral village area in the district having been expired a month ago, the practice was going illegally on around five acres of land, which falls in the Yamuna, for the past 10 days, said an official of the Mining Department.
India General Jammu And Kashmir Parveen Arora Kamlesh Rani Minerals Development Mining Department

Worldwide recession? Where should investors look?

Predictions for the world economy for 2023 are not good. Nearly all economic experts expect an economic recession to engulf the civilized world, causing hardship and new challenges, just as things had begun to recover from the ravages of COVID-19. No one is spared, not Europe, not Asia and not the United States. The only area of disagreement seems to be how deep and how long the recession will be.
United States Nasser Saif Al Muqbali Mineral Development Of Oman Ford Motor Company Minerals Development Oman Ministry Of Energy

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India's coal production likely at 997 MT in FY'24

The country is expected to produce 997.14 million tonnes (MT) of coal in the coming financial year. Of the projected figure, state-owed CIL's output is likely to be 760 MT, followed by Singareni Collieries Company Ltd (SCCL) at 75 MT, and captive and others at 162.14 MT, according to government data. During 2024-25, the country is expected to produce 1,111.60 MT of coal, which
Singareni Collieries Andhra Pradesh Minerals Development Coal India Ltd Singareni Collieries Company Ltd Business News

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