Tag: karnataka mine block auction

Vedanta emerged as the highest bidder at the Janthakal iron ore mine auction, at a premium of 183.5%, BigMint learnt from sources. The block, of around 71.16 Ha, is located in Chitradurga district, Karnataka, and has geological resources of 12.51 mnt. The mine comprises deposits of average-grade Fe 51.69% (haematitic iron ore) and Fe 40.84%…