Mining Industry

₹5,000 cr incentive for states to boost mining blocks' auction, ops

Centre launches Rs 5,000 crore incentive scheme under SASCI to reward states for mining reforms, mine operationalisation, and boosting mineral production in FY27

Rajasthan mining department targets ₹14,000 crore revenue in FY27

In the financial year 2025-26, the department achieved a record revenue collection of ₹10,394 crore, registering a 13 percent growth rate

Parliamentary panel flags policy, capacity gaps in offshore mining push

Govt annulled first auction of 13 offshore mineral blocks after muted investor response last December

Hill in conflict: Eastern Ghats unrest recalls Odisha's Niyamgiri story

Tensions flare in Odisha's Sijimali hills as tribal resistance, legal disputes and mining ambitions collide, echoing the legacy of Niyamgiri Hills

India-Zambia talks on critical minerals stall over mining rights concerns

The exploration programme in Zambia was set to run for three years, after which New Delhi had planned to invite private sector companies to participate, subject to securing mining rights

Easier exploration norms to speed up auctions of felspar, mica, quartz

Govt proposes easing exploration norms to fast-track auctions of felspar, mica and quartz, while retaining stricter rules for critical minerals

Govt finalising policy to build domestic critical minerals value chain

Policy aims to build domestic processing capacity for critical minerals, reduce import dependence and strengthen supply chains for EV batteries and manufacturing

Venezuelan lawmakers approve mining reform to lure foreign investors

Venezuelan lawmakers on Thursday approved a bill to regulate the country's mining as it seeks to attract leery foreign investors to a once-private industry that has long been exploited by criminal groups with ties to the government. It is the latest legislative initiative by acting President Delcy Rodriguez since the self-proclaimed socialist government that has ruled Venezuela for 26 years came under pressure from the Trump administration in January, when the U.S. military deposed then-President Nicolas Maduro. The lengthy bill will now undergo a review by the country's high court to determine if it is constitutional. The bill regulates mineral rights, establishes small, medium and large-scale mining categories, and allows for independent arbitration of disputes, which foreign investors view as key to guard against the government seizing their assets. It also bans the president, vice president, ministers, governors and others from holding mining titles. The bill is a "vehicle for

Govt sets new rules for coal gasification mining plans to boost output

New norms aim to boost syngas production from coal and lignite through gasification technology, while ensuring minimal surface impact, scientific planning, and regulatory compliance

Over 30 police injured in Odisha clash over Sijimali bauxite mine road

Clashes erupted in Rayagada as tribal protesters opposed a road project linked to a proposed bauxite mine, with both police and villagers sustaining injuries

Illegal mining rampant in Odisha, Assembly panel flags systemic lapses

House panel flags illegal mining, land encroachment, and weak oversight in Odisha, warning of revenue losses and environmental damage; seeks stricter monitoring and action

Odisha Mining Corporation FY26 mineral production hits record 44.82 MT

State-run miner achieves highest-ever mineral production and revenue in FY26, driven by strong iron ore output, improved efficiency and rising demand in domestic and global markets

Nalco posts record FY26 performance with 77 lakh tonnes bauxite evacuation

Nalco achieves record production and sales in FY26, with bauxite evacuation crossing 77 lakh tonnes and strong growth across alumina, aluminium and power operations

Govt does not plan to revive offshore mining auction in near term

Authorities may explore the option ​of ‌auctioning different blocks to test interest among miners

Rajasthan mines department revenue reaches ₹9,620 crore for FY26

Rajasthan mining revenue crosses ₹9,620 crore, with focus on boosting exploration, auctions and curbing illegal mining to drive growth

Odisha seeks nod to divert forest land for Tata Steel iron ore block

The state has sought approval to divert over 216 ha of forest land in Keonjhar for Tata Steel's Gandhalapada iron ore block to support its expansion and captive mining plans

CAG exposes diversion of DMF funds to non-mining areas of Odisha

A CAG audit has flagged diversion of DMF funds, approval violations and project irregularities in Odisha, raising concerns over welfare of mining-affected communities

Centre asks states to expedite mineral exploration, cut auction delays

The Centre on Wednesday directed all states to expedite ongoing exploration projects, ensure faster approvals and improve coordination to significantly reduce exploration-to-auction timelines, a move aimed at bolstering the nation's critical minerals security amid global supply chain disruptions. Mines minister G Kishan Reddy also stressed the need to adopt advanced technologies, including Artificial Intelligence (AI) and Machine Learning, drone-based surveys and modern beneficiation techniques, to increase efficiency and success rates in mineral discovery. The minister also stressed the greater inclusion of startups, private exploration agencies and innovation-driven institutions, in line with the vision of Startup India, to bring new ideas and cutting-edge solutions into the exploration ecosystem. Reddy chaired the 7th governing body meeting of the National Mineral Exploration & Development Trust (NMEDT), held here in the august presence of Minister of State for the Department ..

Tech analyst backs these 3 stocks even as mining, sugar face cost pressure

Sachin Gupta, research analyst at Choice Broking recommends accumulating Hindustan Zinc, Coal India and EID Parry on dips for a potential upside bounce as per technical charts.

In a first, Odisha set to auction three gold-bearing mineral blocks

Gold blocks are part of 34 mineral blocks, including 25 major mineral blocks and nine critical blocks