Tag: mine development production agreement
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India: Govt proposes excluding forest area in initial lease deed for faster operationalisation
Move aimed at fast-tracking operationalisation of auctioned mines Lol to be automatically issued post auction, performance security payment The Indian government has proposed segregating forest and non-forest areas, into two leases in future mines. In an attempt to fast-track operationalisation of auctioned mines, the Mines Ministry will allow part execution of mining leases, which will…