Mining Industry

States to retain 90% of mining-related payments after MMDR Bill: Centre

Mines Ministry says states will continue to receive around 90 per cent of mining-related taxes and statutory payments, amid concerns over the amendment's fiscal impact

MMDR amendment puts state taxing powers back in constitutional crosshairs

The Bill's restrictions on taxing mineral rights and mineral-bearing land have revived questions over Parliament's powers and could open the door to legal challenges by states

Jharkhand CM urges PM Modi to rethink MMDR Bill, flags ₹11,000 crore risk

Hemant Soren says proposed restrictions on states' mineral taxation powers raise constitutional and federal concerns and could hit Jharkhand's mining revenues

Best of BS Opinion: Mining reforms risk undermining fiscal federalism

Today's pieces examine mining reforms and fiscal federalism, India's need for a caregiving policy, stronger bank boards, urban governance and lessons in crisis leadership

Mining an opportunity: New Bill prioritises business over states' rights

The amendment enables the Centre to confer upon itself the sole authority to control mines and mineral development in the country

India nearly doubles planned coal mining capacity in 2025: Report

India's proposed coal mine capacity rose to 638 mtpa in 2025, driving almost all of the growth in the global coal project pipeline despite rising renewable capacity

What MMDR Bill 2026 means for states, miners, mineral-bearing land

The MMDR Amendment Bill, 2026 seeks greater government control over mineral-bearing land and tighter rules for state taxes, cesses and other mining-related levies

Mining project near India's first marine sanctuary, national park gets nod

A key clearance has been given to a bauxite and marl mining project in Gujarat's Devbhumi Dwarka district, nearly 1.6 and six kilometres from India's first marine wildlife sanctuary and first marine national park, respectively, on the Gulf of Kachchh's southern shore. While the marine wildlife sanctuary (spread over 458 square kilometre) was established in 1980, the marine national park (spanning 168 square kilometre) was created two years later to protect and conserve marine flora and fauna. According to Gujarat's forest and environment department, a complex coral reef ecosystem and extensive mangroves dominate the seascape of the marine park's shallow water, and the eco-system hosts diverse species. Mining has been proposed to take place at the Mevasa Block in an area spanning over five hectares (ha). The project was recommended for grant of environmental clearance (EC) by the expert appraisal committee (EAC) of the environment ministry's in its meeting on July 29. The ...

Newly listed Caliber Mining extends rally; up 45% from issue price

Share price of Caliber Mining and Logistics soared 17% to ₹616 on the BSE in intra-day deals, zooming 45% against its issue price of ₹424 per share in two days post-listing.

Rajasthan plans to revive allocation of small limestone mining leases

Rajasthan plans to revive small limestone mining leases to ease raw material shortages for over 2,000 lime units and support local employment

L&T secures over ₹10,000 crore orders from metals and mining companies

L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India

France pitches processing partnership for India's rare earth ambitions

French official says India should invest in rare earth processing and refining before domestic mines start production, while expanding technology, financing and research partnerships

Can urban mining reduce India's dependence on overseas critical minerals?

As India pushes to recover critical minerals from waste, experts say recycling can strengthen supply security. But can it cut reliance on imports and overseas mining?

Mining sector at crossroads: Moving beyond allocation towards execution

India's mining sector has seen major reforms over the past decade, but weak exploration, slow approvals and delayed project execution continue to hold back investment and output

Coal India to invest ₹1,900 crore in R&D by FY30 to drive innovation push

State-run miner will scale up research through NaCCER, Centres of Excellence and global partnerships, focusing on clean coal, carbon capture and advanced mining technologies

Vedanta says decade-long contribution to exchequer reaches ₹4.83 trillion

Vedanta said its payments to the national exchequer rose 13.3 per cent in FY26 to Rs 62,722 crore, taking its cumulative contribution over the past decade to Rs 4.83 lakh crore

IPO-bound Laxyo expands operations in Africa, bags ₹200-cr order in Zambia

Indore-based Laxyo Ltd, an integrated infrastructure and mining services company, on Monday said that it has expanded its operations in Africa and bagged a Rs 200-crore contract in Zambia. The project, being executed through its subsidiary, Laxyo Evapeta Zambia Ltd, represents the company's first overseas raise-boring contract and currently accounts for 12.6 per cent of its total order book. "Indore-based Laxyo Ltd, an integrated infrastructure and mining services player, has marked a significant milestone by expanding its operations into the African mining market through a Rs 200-crore raise boring contract at Mopani Mines in Zambia," the company said in a statement. Raise boring is a modern underground mining technique used to create shafts and tunnels without using explosives. The method is widely preferred in underground mining operations due to its superior safety standards, operational efficiency and ability to create critical infrastructure such as ventilation shafts and esca

NLC India's ₹1 trillion expansion plan takes global route for borrowing

CMD Prasanna Kumar Motupalli spoke about NLC's critical mineral strategy, overseas expansion plans, funding road map, proposed NLC India Renewables initial public offering, and mining expansion plans

Royalty payable at dispatch rate, not contract rate, says Supreme Court

The Supreme Court has ruled that mineral royalty is payable at the rate prevailing on the date of dispatch or removal, regardless of earlier contractual terms

Lloyds Metals zooms 79% from February low; should you buy, hold or sell?

Choice Broking maintains a 'BUY' rating and says Lloyds Metals is structurally shifting from a pure mining play to a higher-margin, integrated metals platform.