The Ministry of Mines has issued the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Amendment) Rules, 2021 to further amend the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016.

The Mines and Minerals (Development and Regulation) Amendment Bill 2021 was introduced in the Lok Sabha on 15 March, 2021. Coal Minister Pralhad Joshi introduced the Bill which amends the Minerals (Development and Regulation) Act 1957. The legislation seeks to remove the distinction between captive and merchant mines.

The Ministry of Mines (MoM) have issued the “Draft Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Amendment Rules, 2021” to further amend the “Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016”.

The Ministry of Mines has prepared the Mineral (Auction) Amendment Rules, 2021 seeking to amend Mineral (Auction) Rules, 2015. As part of the Pre-Legislative Consultation Policy, the draft Amendment Rules is

The mines ministry has made a proposal to terminate the iron ore leases of those working mines that have not started production even after lapse of 7-8 months of auction and have not maintained minimum dispatch for three consecutive quarters.

Ministry of Mines is in the process of formulation of a National Non-Ferrous Metals (Aluminium and Copper) Scrap Recycling Policy. Accordingly, a draft of the said policy has been prepared and is being circulated for comments from stake holders and the public at large.

In exercise of the powers conferred by section 13 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), the Central Government makes the following rules to amend the Min eral (Auction) Rules, 2015. These rules may be called the Mineral (Auction) Amendment Rules, 2020.

The Union Cabinet has approved National Mineral Policy 2019. The New National Mineral Policy will ensure more effective regulation. It will lead to sustainable mining sector development in future while addressing the issues of project affected persons especially those residing in tribal areas.

The Union Ministry of Mines has launched Sand Mining Framework to help states deal with the sand mining issues, including demand supply deficit and illegal extraction. It was launched at the third National Conclave on Mines & Minerals held in New Delhi.

The Ministry of Mines has prepared the National Mineral Exploration Trust Amendment Rules, 2018 seeking to amend the National Mineral Exploration Trust Rules, 2015. States will now have to deposit the fund collected under the National Mineral Exploration Trust (NMET) to the Consolidated Fund of India instead of the trust’s own bank account.

Pages