The Ministry of Mines has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015. The amendment rules have been framed after extensive consultations with the State Governments, industry associations, miners, other stakeholders and general public.
The Ministry of Mines on December 14, 2021 has issued the Mineral (Auction) Fourth Amendment Rules, 2021 to further amend the Mineral (Auction) Rules, 2015.
Ministry of Mines has notified the Mineral Conservation and Development (Amendment) Rules, 2021 on 3rd November, 2021 to amend the Mineral Conservation and Development Rules, 2017 [MCDR].
Ministry of Mines has notified the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Fourth Amendment) Rules, 2021 to amend The Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016 [MCR, 2016].
The Ministry of Mines On November 02, 2021 has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral (Auction) rules 2015.
The Mines and Minerals (Development and Regulation) Act, 1957 regulates the mining sector in India and mandates the requirement for granting leases for mining operations. Prior to 2015, grant of mineral resources was through ‘first come first serve’ method.
The Ministry of Mines on June 25, 2021 has issued the Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021 to further amend the Mines and Minerals (Contribution to District Mineral Foundation) Rules, 2015.
The Ministry of Mines has proposed further amendment in the Minerals Concession Rules (MCR)-2016 for time-bound operationalisation of mines, leases of which were transferred for captive purpose, and scale up production to meet the increasing demand of ore by metal industries.
The Ministry of Mines on June 18, 2021 has issued the Minerals (Evidence of Mineral Contents) Amendment Rules, 2021 to further amend the Minerals (Evidence of Mineral Contents) Rules, 2015.
The mines ministry has amended the mineral auction rules to remove end-use restrictions for mines to be allocated in future through the competitive bidding route, a move that is expected to enhance production and attract private investments into the sector.
