Tag: Somanhalli mine block auction

India: Ramalingam Construction bags Somanhalli iron ore mine in Karnataka auctions

Mar 20, 2023

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by

Ratiram Gurjar

in Fines/Lumps

The government of Karnataka organized an auction for the Somanhalli iron ore block on 20 March 2023. Ramalingam Construction Company Limited won the bid for this particular mine at a premium of 140.1% against the starting premium of 80.1%, informed sources. According to data released by the government of Karnataka, the total area is 190.08…