As government pushes mining reforms, miners and explorers worry about gaps in execution
While industry has welcomed the move, there are concerns over getting clearances, funding and lack of expertise
Source: moneycontrol.com
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Stock Market Today: Top 10 things to know before the market opens
Trends in the GIFT Nifty indicate a flat-to-negative start for the broader index in India, with a loss of 15.50 points or 0.07 percent.
Source: moneycontrol.com
Govt putting up 26 coal mines for commercial auction
The government is putting up another 26 coal mines for commercial auction in the next round on December 20, the Ministry of Coal announced on Monday.While 12 of the mines are in Madhya Pradesh, eight are in Chhattisgarh, five in Jharkhand, and ...
Source: prokerala.com
Govt to launch ninth round of coal mines auction on Dec 20: Coal Ministry
Of the 26 coal mines to be launched for auctions, 12 are in Madhya Pradesh, eight in Chhattisgarh, five in Jharkhand, and one in Telangana
Source: moneycontrol.com
mining: Sops for underground mining in the works, says Mines Minister Pralhad Joshi
"Underground (UG) mines are being bid out under commercial auction regime. This idea is to produce at least 10% of India's coal production from UG mining by 2030. The coal ministry is also considering rebate in revenue share, upfront amount and performance bank guarantee for UG coal blocks to be auctioned for commercial mining in order to promote sustainable mining," the Minister said.
Source: indiatimes.com