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SENS ANNOUNCEMENT ISSUER ZCCM INVESTMENTS HOLDINGS PLC [Incorporated in the Republic of Zambia] Company registration number: 771 Share Code: ZCCM-IH ISIN: ZM0000000037 Authorised by: Charles...
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The incident occurred in the early hours of Tuesday when a police team, acting on a tip, arrived at Lingua Kalan in Nuh’s Punhana to stop illegal mining activity
As per a 2015 amendment in Mines and Minerals (Development and Regulation) [MMDR] Act, even private land containing minerals cannot be subjected to allotment and should be auctioned, according to Jadeja.
MMDR Amendment Bill removes discretion in the grant of mineral concessions, and auction to be sole method of allotment.