Weekly Mining News: 22-09-2024

1. Mines ministry to set up project monitoring unit for faster mine operationalization. As per FIMI report- Only 50 out of 404 auctioned mineral blocks operationalized since 2015
2. Rajasthan govt to launch new mineral policy to attract investment. The total revenue from minerals in Rajasthan was estimated at over Rs 7,460 crore in FY24.
3. Mining and Geology dept grants permission for 885 quarries in Kerala
4. India’s annual methane emissions from coal mining could more than double by 2029 compared to 2019 as the country seeks to increase coal production to meet its growing energy demand
5. ABB unveils new mining automation services. The ABB Care program expansion aims to streamline maintenance and bolster the operational health of mining assets.
6. Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has managed to revive 86 idle small-scale mines throughout the country in the first five months of the current Iranian calendar year
7. UK’s power sector has undergone a rapid transition. With rise of clean energy sources, UK’s last coal plant to shut on September 30
8. A gold mining town in Congo has become an mpox hot spot as a new strain spreads
9. Dadri villagers to boycott polls over ‘illegal’ mining.
10. Coal Ministry Organizes Plantation Drive at Millennium Park Under “Ek Ped Maa Ke Naam” as Part of Swachhata Hi Seva Campaign
11. Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025

Ref: mining.com, Hindustantimes, tehrantimes, indiatoday, businesstoday, indianexpress, zeebiz, business standard, alchemer, pib.gov.in etc