Tag: 2020 block auction
-

Iron Ore Miners in a Spot over MMDR Act Cap on Mining Lease Areas
It seems iron ore miners, whose leases are expiring, are in deep trouble even before the much-touted mineral auctions in 2020 have begun. As per a clause in the Mines and Minerals (Development and Regulation) Act, 1957, amended in 2015, a miner holding more than 10 sq km of the mining lease area will not…