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Mines ordinance News

14 Jan 2015

Mixed reaction from industry on mines ordinance

Steel makers on Wednesday welcomed mines ordinance while some core mining firms alleged that unfair treatment has been metted out to them by giving just 5-year lease extension for non-captive mines.

Pranab Mukherjee

13 Jan 2015

Presidential assent to mines ordinance; deadlock could be over

The logjam in the mines sector is expected to be cleared with the promulgation of an ordinance by the President that provides for auctioning of mines containing iron ore and others besides provision for up to five years of imprisonment for illegal mining.

Mines ordinance

05 Jan 2015

Cabinet approves mines ordinance to auction iron ore and other minerals

The Union Cabinet on Monday cleared mines ordinance, that would pave the way for auction of iron ore and other minerals as proposed in the Mines and Minerals (Development and Regulation) Bill.

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