The Supreme Court on 2 Aug 2017, imposed a 100% penalty on illegal mining on account of lack of forest and environment clearances, mining outside lease/permitted area and for encroachment beyond the mining area in Odisha. The 100% penalty will be levied on the miners’ total value of illegal extracts over the years. Read full text of this 114-page verdict
The National Mineral Exploration policy (NMEP) can provide an impetus to exploration and generate a continuous flow of mineral blocks to be auctioned, according to an EY report titled' Indian minerals exploration - play to win.' With only 10% of the 8 lakh sq.
A new report, Mining and Metals in a Sustainable World 2050, has been launched as part of the World Economic Forum's Industry Agenda publication. Few industries are more fundamental to global social and economic development than mining and metals.
EY’s Business risks in mining and metals 2015–2016 report is based on EY discussions with leading global mining and metals companies, and analysis of the operating environment for companies in the sector. It is EY’s eighth annual report analyzing and ranking the top strategic business risks for companies in the sector.
These rules may be called The Rajasthan Minor Mineral Concession Rules, 2015. They shall extend to the whole of the State of Rajasthan including the areas in which Bapi and proprietary rights are claimed. They shall come into force on the date of their publication in the Rajasthan Gazette.
Rajasthan Mineral Policy 2015 released by the chief minister Vasundhara Raje raises the mineral exploitation area in the state to 1.5% from the existing 0.54%. Increasing the number of minerals under mining from 57 to 79 it calls upon the industry to adopt modern environmentally acceptable technology for exploring the mineral riches.