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Mines Secretary V L Kantha Rao in his address on Monday had said that the auction of offshore mines will begin in three months' time. The Offshore Areas Mineral (Development and Regulation) Act, 2002 has been amended to provide an auction route for awarding production leases for offshore minerals.
Tonga Offshore Mining Ltd VACANCY TOML BOARD DIRECTOR Position title Board Director Role Part Time No. of Positions Two (2) Location Tonga Company overview Tonga Offshore Mining Ltd. (TOML) is a wholly owned subsidiary of The Metals Company (TMC), an explorer of seafloor polymetallic nodule deposits, containing critical metals required for the transition to a clean energy
India News: India's mining sector is in for a sea change, literally, with Parliament on Thursday passing the Offshore Areas Mineral (Development and Regulation) A
The Indian government has introduced a bill to amend the Offshore Areas Mineral (Development and Regulation) Act, 2002, to create a transparent allocation process for offshore mineral extraction. The proposed bill aims to establish a fair mechanism to allocate operating rights for offshore mineral extraction, aiming to remove the impasse in the sector.
The Offshore Mining Chamber of the Philippines (OMCP) has batted for restricted coastal mining after they expressed their support to the proposed ban on sand mining in some coastal towns in the Ilocos region. In a statement, OMCP, composed of operational and non-operational offshore mining firms