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.

In addition to export earnings, African countries aspire to derive greater economic value from their mineral resources. One of the most assured ways is through linkage development.

The Ministry of Coal on August 6, 2021 has issued Draft Mineral Concession (Amendment) Rules, 2021 to further amend the Mineral Concession Rules, 1960.

The Goa Assembly passed the Goa Mineral Development Corporation Bill, 2021, which would enable the state government to start a corporation to carry out mining operations in an orderly, scientific and ecologically sustainable manner.

Climate change policies including net-zero commitments, green new deals, and circular economy plans often combine carbon-reduction objectives with a set of policy and market interventions needed to reach those goals.

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.

The ministry of Mines on June 10, 2021 has issued the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Third Amendment) Rules, 2021 to further amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016.

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