India: Madhya Pradesh govt declares preferred bidders for major mineral block auctions

The Madhya Pradesh Mineral Resources Department has announced the preferred bidders for Phase XIV mineral block auctions.

Satguru Mining Private Limited secured the Western Part of the Ukwa Manganese Block (1.62 mnt resources and available area of 16.781 hectares) with a 71.55% final bid on 19 Feb’25.

Sagar Stone Industries won the Padwar Iron and Manganese Block (348.9153 hectares) at 247.10% on 20 Feb.