Weekly Mining News: 22-12-2024: Iron ore dump auction

1. For the first time in Goa’s mining sector, govt on Wednesday put up for auction 18 low-grade iron ore dumps with a total quantity of around 30 million tonnes. The ore put up for auction is graded between 45 and 51. details- https://timesofindia.indiatimes.com/city/goa/mining-boost-18-ore-dumps-to-be-auctioned-15-in-s-goa/articleshow/116447347.cms

2. Coal-based power generation up 3.87% in Apr-Oct and Coal imports during April-October period of the current fiscal year dropped 3.1 per cent to 149.39 million, in India.

Details: https://www.business-standard.com/industry/news/coal-based-power-generation-up-3-87-in-apr-oct-coal-imports-drop-3-govt-124121900835_1.html

3. The Ministry of Mines successfully organized an exclusive roadshow on 21^st Dec at Porbandar, Gujarat, to unveil the auction process for India’s first-ever Offshore Areas Mineral Blocks.

4. The Democratic Republic of the Congo (DRC) has filed criminal complaints against tech giant Apple’s subsidiaries in France and Belgium over the use of “conflict minerals” in their supply chains.

5. Russia sells out of vast Kazakh uranium deposits to China. Russia’s state Rosatom corporation was selling its stakes in vast uranium deposits that it had been developing with the world’s largest uranium producer.