Mining Rules News Today

The Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mineral blocks. The move follows pre-bid consultations and aims to streamline the auction process for 20 strategic mineral blocks, including graphite and lithium.

The Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mineral blocks. The move follows pre-bid consultations and aims to streamline the auction process for 20 strategic mineral blocks, including graphite and lithium.

One applicant can submit only a single bid in an auction of a mineral block, and none of its affiliates will be allowed to enter the same auction, according to the mines ministry’s draft auction rules for strategic and critical minerals.

Once approved, these changes in mining rules will allow companies to both explore a block and bid for it. "This will prompt large players to undertake exploration activity which so far has seen muted interest," said one of the officials, who did not wish to be identified.

Once approved, these changes in mining rules will allow companies to both explore a block and bid for it. "This will prompt large players to undertake exploration activity which so far has seen muted interest," said one of the officials, who did not wish to be identified.

This decision has drawn criticism from legal experts and environmentalists.

‘Third party interest cannot be created out of own free will’ Mohinder Verma JAMMU, Dec 21: The High Court of Jammu & Kashmir and Ladakh has held that Letter of Intent is only a formality of initiation of process and right to claim grant of lease and execution of formal lease deed would accrue to the concerned person only if the requisite formalities as envisaged under the Mining Rules are completed. Moreover, the recipient of Letter of Intent cannot create […]

In order to lend administrative and statutory support to the structure of preventing of illegal extraction of minor minerals as also simultaneously to facilitate and ensure smooth supply of such minerals , there is an important provision of granting of short term permits to the desirous resident entrepreneurs of Jammu and Kashmir. Has there been no adequate response from the prospective extractors / contractors / entrepreneurs and others engaged in the extraction of minor minerals? Looking to va...

The National Green Tribunal has directed a three-member committee headed by District Magistrate to look into the plea alleging illegal mining activities in Sonbhadra district in Uttar Pradesh.In a recently passed order, the principal bench ...

The plea stated that the illegal mining and operation of stone crushing activities in Districts Gondia and Bhandara in Maharashtra is without requisite Environmental Clearance (EC) in terms of the judgment of the Supreme Court in Deepak Kumar v. State of Haryana & Ors.