The Economic Times daily newspaper is available online now.

    35 mineral blocks to be auctioned in April, May

    Synopsis

    Ministry of Mines said 35 mineral blocks including that of iron ore, bauxite and limestone, among others have been auctioned as on March 12, 2018 and another 35 are at various stages of bidding.

    Mining-bccl (2)
    While in Jharkhand, NIT is going on for 1 iron ore and 1 graphite mine, in Karnataka, the process is on for 8 iron ore blocks.
    NEW DELHI: A total of 35 mines will be auctioned in the next two months out of 112 mineral blocks that are slated to go under the hammer in 2018-19 financial year, Ministry of Mines said today.

    It said 35 mineral blocks including that of iron ore, bauxite and limestone, among others have been auctioned as on March 12, 2018 and another 35 are at various stages of bidding.

    "NIT (notice inviting tender) is going on for 35 blocks. While 30 blocks will be auctioned in April, 5 will go under the hammer in May, 2018," it said in a report.

    While in Jharkhand, NIT is going on for 1 iron ore and 1 graphite mine, in Karnataka, the process is on for 8 iron ore blocks. In Madhya Pradesh, tenders are being invited for 5 limestone, 1 bauxite, 1 graphite and an iron ore block, it said.

    The auction process is also going on for 4 bauxite, 3 limestone, 2 manganese, 2 copper and 1 iron ore mine in Maharashtra and 2 iron ore blocks and 3 limestone blocks in Odisha.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more
    The Economic Times

    Stories you might be interested in