Odisha Govt Invites Bid for Grant of Ten Iron Ore & Manganese Mining Leases
Odisha govt. has today invited bids for grant of ten iron ore and manganese ore mining leases. In exercise of the powers conferred by Section 10 (B) of the Mines and Minerals (Development and Regulation) Act, 1957 and in accordance with the Mineral (Auction) Rules, 2015 as amended from time to time notified thereunder, the Government of Odisha has identified 10 mineral blocks (7 blocks of iron ore and 3 blocks of iron ore and manganese) for electronic auction.
The Government of Odisha reserves the Thakurani Iron Ore Block, Jaribahal Iron Ore Block, Roida II Iron Ore Block, Narayanposhi Iron Ore & Manganese Block and Ganua Iron Ore Block for specified end use.
Nuagaon and Ganua iron ore leases are currently under the Ahluwalias, Thakurani iron ore block under Kaypee Enterprises and Essel Mining’s Jilling-Langalota iron ore block are among few major merchant blocks put up for auctions in this phase which are due to expire by March 31, 2020.
Last date for purchase of Tender Document after payment of a tender fee on website of e-auction platform provider is November 15, 2019 and the last date for submission of the bid is November 18, 2019 on or before 12:00 noon (IST).
With few key Odisha mining leases coming up for auctions, these auctions are likely to observe aggressive bidding from participants.
source: SteelMint
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
