Sector seeks tax concessions and government-backed protection against geopolitical risks abroad
Rio may ultimately consider paying a takeover premium, some of the people said, while other people suggested that the Glencore side is open to being pragmatic on the subject of management
The companies have been discussing a potential combination of some or all of their businesses including an all-share takeover
Government proposes cutting the timeline to operationalise newly auctioned mines to two years, drawing concern from the mining industry over approval delays
The Supreme Court said confusion over how the Aravalli range was defined warranted a pause, and ordered an independent expert panel to reassess the environmental impact of mining
Vedanta said it was declared the successful bidder for the Depo Graphite-Vanadium Block under the Critical Mineral Auctions Tranche IV conducted by the Ministry of Mines
Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp has mined a limited amount of ore from a deposit in snowy woods about 40 km from the Canadian border, aiming for commercial sales by 2028. Company officials believe the geopolitical winds are at their backs to sell graphite concentrate for high-tech, industrial and military uses. That could include heat-resistant coatings in factories, anodes in large lithium-ion ...
Draft mineral concession rules propose letting captive mine owners sell surplus output after meeting end-use needs, alongside steps to ease operations and promote deep-seated exploration
The Centre has directed states to halt new mining leases in the Aravalli range, citing environmental concerns, days after the Supreme Court defined the hills, leaving low-lying areas unprotected
Standing committee flags incomplete DMF projects, uneven funds and weak oversight in PMKKKY
Under the current provisions, captive mine operators are allowed to sell only up to 50 per cent of their annual coal or lignite output after meeting the requirements of their linked end-use plants
China is developing the world's highest unmanned mine in Xinjiang, using driverless trucks to work safely at 5,600m, where low oxygen and rough terrain make human work risky
Under the proposed framework, companies engaged in coal mining must obtain prior approval from their Board of Directors before opening any mine, seam or section of a seam
The Union Cabinet earlier this month approved rate rationalisation for the four minerals to boost domestic production and facilitate their auctions
The Centre has approached the Supreme Court with a curative plea against the ruling that allowed states to levy a cess on mining lands, warning of international implications and strain on the federal
Patel Engineering has secured two projects worth around Rs 800 crore for mining related activities in Chhattisgarh. The company has received letter of intents from Saidax Engineers and Infrastructures. The total project value for both letter of intents combined is Rs 798.19 crore (excluding taxes), Patel Engineering said in a statement. Patel Engineering Ltd has received two Letter of Intents (LoIs) for the execution of excavation and associated works and transportation of coal at a project located at Jhiria West OCP of Hasdeo Area, Bilaspur, Chhattisgarh, for Coal India arm South Eastern Coalfields Limited (SECL). Patel Engineering Managing Director Kavita Shirvaikar said: "The new projects come in addition to a robust tender pipeline of more than Rs 34,000 crores already bid and under evaluation." The company also looks to participate in business opportunities worth Rs 18,000 crore expected to come up for bidding before the end of this financial year, she said. Patel Engineerin
The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics
India is transforming how its hunts for copper, lithium, rare earths and more, using AI to shave years off exploration timelines and reshaping the push for critical mineral security
The Geological Survey of India (GSI) has estimated that Jammu and Kashmir holds nearly one billion tonnes of limestone reserves, a senior central government official has said. Additional Secretary in the Union Ministry of Mines Sanjay Lohiya noted that the Union Territory also has significant potential for other key minerals, which the J&K government intends to explore and utilize for the benefit of the people of the region. Expressing satisfaction over Jammu and Kashmir becoming part of India's mineral block auction map with the launch of the first limestone block auction and roadshow here, the official said the Centre would extend full support to accelerate exploration, development and investments in the sector. Union minister G Kishan Reddy, J&K chief minister Omar Abdullah and his deputy Surinder Choudhary jointly launched the e-auction of seven limestone mineral blocks, covering about 314 hectares, across the districts of Anantnag, Rajouri, and Poonch here on Monday. "All
Trump had campaigned on a promise to increase US energy output and has sought to roll back energy and environmental regulations since taking office in January