Tag: DMG

  • Goa executive completes 1st segment of public sale of iron ore mining blocks

    Through PTI

    PANAJI: The Goa executive has finished the primary segment of public sale of mining blocks with 4 corporations successful bids for the extraction of ore from other mineral wealthy stretches of the coastal state, an reputable stated on Thursday.

    The state Directorate of Mines and Geology (DMG) had carried out the e-auctioning procedure which is able to pave method for the resumption of the state’s iron ore mining trade within the state.

    The trade, which was once one of the most primary earnings earners for the state, had come to a standstill in 2018 after the Splendid Court docket quashed 88 mining rentals.

    “The primary segment of auctioning of the mining blocks has been finished. The entire 4 blocks are assigned to the a success bidders,” a senior DMG reputable informed PTI.

    He stated Vedanta Restricted had received the bid for Bicholim-Mulgao mining block (North Goa) which has were given greater than 84 million tonnes of the iron ore reserve.

    “Salgaocar Transport Corporate Pvt Ltd received the bid for Shirigao-Mayem mineral Block in North Goa. The mine has greater than 24 million tonnes of ore reserve,” he stated.

    Goa’s Rajaram Bandekar Pvt Ltd effectively bid for Monte-de-Sirigao mining block (North Goa) that has 10 million tonnes of ore to be had for extraction, the reputable stated.

    The fourth Block comprising Kalay Mines (South Goa) was once received by way of Sociedade De Fomento Industries Personal Restricted.

    The mine has were given 16.731 million tonnes of iron ore within the unexplored rent space of 75 hectares, he stated.

    The Directorate of Mines and Geology, throughout the Steel Scrap Buying and selling Company, had on September 30, 2022 invited tenders to e-auction 4 mining blocks – Mulgao, Sirigao-Mayem and Monte-de-Sirigao, all in Bicholim taluka, and Kalay mine in Sanguem taluka.

    PANAJI: The Goa executive has finished the primary segment of public sale of mining blocks with 4 corporations successful bids for the extraction of ore from other mineral wealthy stretches of the coastal state, an reputable stated on Thursday.

    The state Directorate of Mines and Geology (DMG) had carried out the e-auctioning procedure which is able to pave method for the resumption of the state’s iron ore mining trade within the state.

    The trade, which was once one of the most primary earnings earners for the state, had come to a standstill in 2018 after the Splendid Court docket quashed 88 mining rentals.

    “The primary segment of auctioning of the mining blocks has been finished. The entire 4 blocks are assigned to the a success bidders,” a senior DMG reputable informed PTI.

    He stated Vedanta Restricted had received the bid for Bicholim-Mulgao mining block (North Goa) which has were given greater than 84 million tonnes of the iron ore reserve.

    “Salgaocar Transport Corporate Pvt Ltd received the bid for Shirigao-Mayem mineral Block in North Goa. The mine has greater than 24 million tonnes of ore reserve,” he stated.

    Goa’s Rajaram Bandekar Pvt Ltd effectively bid for Monte-de-Sirigao mining block (North Goa) that has 10 million tonnes of ore to be had for extraction, the reputable stated.

    The fourth Block comprising Kalay Mines (South Goa) was once received by way of Sociedade De Fomento Industries Personal Restricted.

    The mine has were given 16.731 million tonnes of iron ore within the unexplored rent space of 75 hectares, he stated.

    The Directorate of Mines and Geology, throughout the Steel Scrap Buying and selling Company, had on September 30, 2022 invited tenders to e-auction 4 mining blocks – Mulgao, Sirigao-Mayem and Monte-de-Sirigao, all in Bicholim taluka, and Kalay mine in Sanguem taluka.