In order to encourage scientific approach to solve the emerging mining challenges, Union Mines Ministry introduced a set of guidelines for the sector.
Tag: mineral resources
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IDCOL Kalinga Iron Works to procure ore
Industrial Development Corporation of Orissa (IDCOL) intends to promote, industrial units for optimum utilisation of mineral resources available in the state and manage the same with optimum efficiency and productivity. The corporation also provides single window service to the entrepreneurs like government approval, NOC of Pollution Control Board,mining lease tax incentives available for new units, infrastructure development etc.
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Contract opportunities in mining sector
As the size of the economy grows, so does the demand for mineral resources like iron ore, coal, manganese, copper. India produces around 89 minerals out of which four are mineral fuels, 11 are metallic, 52 are non-metallic and 22 are minor minerals. In order to boost mining output, the central government revised the National Mineral Policy in 1994 and allowed private domestic and foreign investors to explore and exploit iron ore copper, zinc,
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Divining intervention
Nearly a fifth of the countryĆ¢ā¬ā¢s land is rich in commercially viable mineral deposits, but without proper prospecting policies, mining has not always been scientific. The government is now wooing foreign players into prospecting and mining in India,