Page 3 - Mining Industry

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

Vedanta chairman calls for faster reforms to unlock mining potential

Vedanta chairman Anil Agarwal highlights delays in operationalising auctioned mineral blocks, urging reforms to boost production and reduce India's import dependence

Odisha loses ₹4,162 crore to iron ore undervaluation, steps up checks

State reports Rs 4,162 crore loss due to ore undervaluation, introduces AI-driven monitoring and stricter rules to curb misreporting and improve transparency in mining

Odisha tops India's mining economy, eastern region drives growth: Report

Odisha leads India's mining GVA with a 14% share, as eastern states emerge as key drivers of sector growth, according to an Assocham-ICRA report

IMMT Bhubaneswar develops tech to make refractory bricks from bauxite waste

CSIR institute develops process to convert mining waste into high-performance bricks, offering cost benefits and industrial applications across key sectors

The minerals that will power tomorrow must be mined differently today

As demand for critical minerals surges with the clean energy transition, mining must adopt sustainable, technology-led practices to balance growth, environmental responsibility, community expectations

Govt steps up rare earth exploration in Andhra, Odisha, Tamil Nadu

Surveys underway in coastal and inland regions to identify monazite deposits as the government pushes to strengthen domestic rare earth supply chains

Coal production from captive, commercial mines rises 18.5% in February

Captive and commercial coal production rose sharply in February, supported by policy measures and expanded mining capacity, with the Coal Ministry projecting continued stability in supplies

Rethink auctions, retain safeguards: NITI Aayog on critical minerals

NITI Aayog has urged retaining public consultation and revisiting auction-led exploration by allowing conditional first-come-first-served access for early-stage critical mineral projects

Rajasthan mines dept targeting ₹10,000 crore revenue recovery for FY26

Rajasthan's mines department targets over ₹10,000 crore revenue in FY26, stepping up recovery efforts after record collections and strong mining growth in FY25

Centre notifies strict rules to curb illegal offshore mineral mining

Centre has rolled out new regulatory framework for offshore minerals, mandating real-time vessel tracking, digital transit permits, stricter export clearances to prevent illegal mining and transport

Mines ministry notifies rules to curb illegal offshore mineral mining

The new framework mandates real-time vessel tracking, digital transit permits and prior export clearances, and introduces stringent penalties, including jail terms, to prevent illegal offshore mineral

Supreme Court to form expert panel to examine definition of Aravalli hills

The Supreme Court has invited suggestions to constitute an expert committee under its supervision to re-examine the definition of the Aravalli hills and address environmental concerns linked to mining

Centre announces India's first tailings policy for critical minerals

Tailings refer to the leftover waste material after valuable minerals are extracted from crushed ore, forming a slurry of rock particles, water and processing chemicals

Nalco explores entry into rare earth mining amid critical minerals push

State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd's (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential for electronics, defence, renewables and electric vehicles. REEs are important for magnets in wind turbines, EV motors and missile guidance systems. India, heavily import-dependent with negligible domestic output, views REE self-reliance as key to Atmanirbhar Bharat and reducing China's 80 per cent global dominance amid US-China trade tensions. In an interview to PTI here, the Chairman-cum-Managing Director (CMD) said the bid advisor will assess mine viability, optimal acquisition premiums and participation in upcoming auctions. "The bid advisor will assess if we should participate in domestic .