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  • Govt launches portal to promote R&D in mining, mineral sector Jun 19, 2020 09:24 PM IST

    Govt launches portal to promote R&D in mining, mineral sector

    The portal has been designed, developed and implemented by National Informatics Centre (NIC), Mines Informatics Division.

  • Parliamentary panel asks Hindustan Copper to take measures for timely execution of expansion projects Mar 13, 2020 11:25 AM IST

    Parliamentary panel asks Hindustan Copper to take measures for timely execution of expansion projects

    It has been stated that though expansion projects in revised estimate (RE) stage, the target has been retained at Rs 402 crore, however, the same amount of expenditure may not be achieved due to delay in awarding of some of the tenders related to mine expansion, it said.

  • Mines Ministry asks states to start auction of mining leases expiring in 2020 by July next year Aug 23, 2018 09:45 PM IST

    Mines Ministry asks states to start auction of mining leases expiring in 2020 by July next year

    The Mines Ministry was also of view that exploration for all mining leases expiring in 2020 must be completed by December and in case any help is needed, Mineral Exploration Corporation Ltd (MECL) and Geological Survey of India (GSI) should be approached, the minutes said.

  • No need to cap iron ore prices, plan to expand output: Govt Jun 12, 2017 03:07 PM IST

    No need to cap iron ore prices, plan to expand output: Govt

    "There is no shortage of iron ore and at present there is no thinking in the mines ministry of capping of iron ore prices," Mines Secretary Arun Kumar said at a press conference here. "Mines of ministry does not have a plan of fixation for iron ore prices. They (Mines Ministry) are the administrative ministry," Kumar said.

  • Govt mulls 'further steps' to guard aluminium sector interests Feb 09, 2017 07:32 PM IST

    Govt mulls 'further steps' to guard aluminium sector interests

    The Centre is mulling taking more measures to safeguard the interests of the aluminium industry, a Parliamentary Panel said today.

  • Expect legal view on HZL share sale in a month: Govt Feb 09, 2017 02:54 PM IST

    Expect legal view on HZL share sale in a month: Govt

    Legal opinion on the proposed buying of government's residual stake in Hindustan Zinc Ltd (HZL) by Vedanta is expected within a month, the Mines Ministry said today.

  • Govt to launch portal to speed up mining activity in country Feb 08, 2017 01:52 PM IST

    Govt to launch portal to speed up mining activity in country

    The Mines Ministry has developed a portal which would facilitate in expediting the clearances associated with the mining blocks and help all stakeholders to track status of statutory clearances, an official statement said.

  • Mines min seeks MIP on aluminum; pegs prices at $1996/tonne:Srcs Jan 18, 2017 02:28 PM IST

    Mines min seeks MIP on aluminum; pegs prices at $1996/tonne:Srcs

    CNBC-TV18‘s Anshu Sharma, quoting sources, said that revised MIP for primary aluminum products is likely to be USD 1996 per tonne. For secondary aluminum products, MIP is likely to be range of USD 2275-3266 per tonne.

  • After steel, minimum import price for aluminum on cards? Dec 26, 2016 09:03 AM IST

    After steel, minimum import price for aluminum on cards?

    The mines ministry may favour an MIP to protect local industry from a flurry of cheap imports. State-owned consulting firm Mecon to submit revised report shortly.

  • India mines minerals worth Rs 17,339 cr in July Sep 23, 2016 02:32 PM IST

    India mines minerals worth Rs 17,339 cr in July

    That was followed by petroleum (crude) at Rs 5,593 crore, natural gas (utilised) at Rs 2,165 crore, iron ore at Rs 1,347 crore, limestone at Rs 554 crore and Lignite at Rs 535 crore, it added.

  • Mines Min working on action plan to raise contribution in GDP Jul 19, 2016 03:48 PM IST

    Mines Min working on action plan to raise contribution in GDP

    "As our Minister (Piyush Goyal) has said on increasing the share of the mining sector in India's GDP by 1 per cent in the next 2-3 years, we are working on an action plan over this," Mines Secretary Balvinder Kumar told reporters.

  • Will work on increasing minerals' share in GDP by 1%: Goyal Jul 06, 2016 06:14 PM IST

    Will work on increasing minerals' share in GDP by 1%: Goyal

    Piyush Goyal, who assumed the charge of Mines Minister today, said he will work towards increasing the share of the mines and minerals sector in the GDP by 1 per cent in the next 2-3 years.

  • India to auction 100 blocks for exploration by Nov: Mines Min Jul 04, 2016 09:08 PM IST

    India to auction 100 blocks for exploration by Nov: Mines Min

    India will auction 100 prospective mineral blocks of 100 sq km area each by November this year, a move that will boost the country's mining potential.

  • Mines Ministry to discuss threshold value on heavy minerals Jul 04, 2016 08:04 AM IST

    Mines Ministry to discuss threshold value on heavy minerals

    "Mines Ministry will take up the issue of TLV on beach sand minerals (BSM) with the industry over the demand that it has made on the provisions of the draft Atomic Mineral Concession Rules 2016 at the national mines and minerals conclave in Raipur tomorrow," a senior government official said.

  • Cabinet likely to consider mineral exploration policy on June 29 Jun 28, 2016 07:44 PM IST

    Cabinet likely to consider mineral exploration policy on June 29

    The Cabinet is likely to take up the National Mineral Exploration Policy (NMEP) on June 29, which will pave the way for auction of 100 prospective mineral blocks, boosting India's mining potential

  • Mines Ministry to soon move Cabinet on exploration policy Jun 17, 2016 03:44 PM IST

    Mines Ministry to soon move Cabinet on exploration policy

    "Ministry will soon send the NMEP to the Union Cabinet for approval. After the policy is approved, the government can auction 100 blocks that have been identified by Geological Survey of India (GSI) for exploration," a senior official said.

  • Mines Ministry to tweak captive mine transfer rules: Sources May 16, 2016 03:35 PM IST

    Mines Ministry to tweak captive mine transfer rules: Sources

    Sources say transfer fee to be 80-150 percent of royalty of minerals and that it may not be possible to have a single transfer fee for all minerals.

  • Six months on, few takers for auction of mineral blocks Apr 24, 2016 02:30 PM IST

    Six months on, few takers for auction of mineral blocks

    Six months after auction process was initiated for 43 mines across 12-mineral bearing states, only six blocks have managed to find buyers

  • Govt to auction 22 mineral blocks in April, May: Govt Mar 14, 2016 09:00 PM IST

    Govt to auction 22 mineral blocks in April, May: Govt

    "During April-May 2016, the Government will be auctioning 22 blocks, which includes two blocks of limestone in Chhattisgarh, 14 blocks of iron ore in Karnataka, 6 blocks of limestone in Andhra Pradesh," Mines Ministry said in a statement.

  • Cabinet to soon consider auction of 100 mineral blocks Mar 08, 2016 09:18 AM IST

    Cabinet to soon consider auction of 100 mineral blocks

    Last month, Steel and Mines Minister Narendra Singh Tomar had said his ministry has identified 100 mineral blocks for exploration, which will be offered to the private sector once the government notifies National Mineral Exploration Policy (NMEP).

  • Mines ministry wants 10% export duty on Goan iron ore to go Feb 17, 2016 07:46 PM IST

    Mines ministry wants 10% export duty on Goan iron ore to go

    Last month, Goa's mining industry body GMOEA wrote to the Prime Minister's Office, seeking to remove 10 percent export duty on iron ore fines with Fe content below 58 percent and 30 percent export duty on iron ore lumps irrespective of the grade.

  • After Jharkhand, other states may auction 40 mines by March Feb 15, 2016 08:10 AM IST

    After Jharkhand, other states may auction 40 mines by March

    Jharkhand on February 12 became the first state to auction two limestone blocks through an electronic platform after the passage of the MMDR Act by Parliament.

  • Mineral exploration: Govt to give share in royalty to firms Feb 02, 2016 09:06 PM IST

    Mineral exploration: Govt to give share in royalty to firms

    "It is a win-win deal. Government handled the challenge, under the MMDR Act of formulating mineral exploration policy that not only gives incentives to private sector, but also increases mineral exploration in the country," Mines Secretary Balvinder kumar told PTI.

  • Nalco may buyback 25% govt holding in co Jan 11, 2016 03:30 PM IST

    Nalco may buyback 25% govt holding in co

    Meanwhile, the mines ministry may also move Cabinet note on MMDR Amendment, which will allow transfer of mining leases for captive mines.

  • Mines Ministry proposes raising aluminium import duty Dec 04, 2015 03:42 PM IST

    Mines Ministry proposes raising aluminium import duty

    "Domestic companies are reporting operating losses as imports are rising," Kumar said on Friday, but added he could not be certain that the finance ministry would accept the proposal.

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