Weekly Mining News: 23-06-2024

1. Coal India awards 23 closed and discontinued mines to private sector players. The cumulative peak-rated capacity of these mines is 34.14 million tonnes per year (MT/Y), while the total extractable reserves are estimated at 635 MT
2. Centre’s latest round of coal block auction throws spotlight on Telangana’s Singareni. Singareni, with a long, 135 year-old history of mining, currently operates 39 coal mines.
3. Govt eases trader registration rules to boost mining.
4. China fears spark Indian race for cobalt in contested ocean waters. India has sought rights to explore an underwater cobalt-rich mountain. But Sri Lanka also has eyes on the region.
5. State clears Centre’s proposal on reviving gold mining at KGF. The Centre submitted the proposal for reviving gold mining and auction of 13 tailing dumps spread over 1003.4 acres at KGF.
6. Coal Minister asks for faster operationalisation of auctioned coal mines. After a review meeting held on Thursday, the Union Ministry of Coal and Mines is poised to begin a detailed exploration of mining blocks for faster operationalisation of auctioned coal mines.
7. Fourth tranche of critical mineral auctions on Monday. So far, the Centre has launched three tranches covering 38 critical and strategic mineral blocks
8. India and U.S. work out strategies to scale up collaboration on critical minerals under iCET. The partnership will also aim to strengthen ties on research and development with institutions from both countries working together.
9. Iron, Magnesium, Aluminium on mars: scientist discover key minerals in Mawrth Vallis region of red planet
10. NMDC targets 100 million tons iron ore production by 2030, says Director (Technical)

Reference: thehindu, aljazeera, timesofindia, deviscourse, zeebiz.com

See last week’s post: https://waartsy.com/weekly-mining-news-16-06-2024/https://waartsy.com/weekly-mining-news-16-06-2024/