The Karnataka government has put five iron-bearing mines for e-auction, as per latest reports. Four mines have deposits of iron ore while one has both iron and manganese ore. The government is using the MSTC platform for the e-auction. The notice inviting tender was published on the government’s website on 31 Aug and the preferred bidder is expected to be announced between 4 & 10 Nov’21. The Supreme Court had previously cancelled certain ‘C’ category mines in the state on account of illegal mining and had directed the state government to auction the mines for end users.
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