+
Govt inks MoUs with different nations for mining sector development
COAL & MINING

Govt inks MoUs with different nations for mining sector development

The Government of India’s Ministry of Mines has signed several memorandum of understandings (MoU) with the different nations for mining sector development.

The MoU was signed with Kingdom of Morocco, the Republic of Zimbabwe, the Federative Republic of Brazil, British Columbia, the Florida International University Board of Trustees on behalf of its Department of Earth and Environment, Arts, Sciences and Education, Rosgeologia (Rosgeo), the Republic of Mali, the Republic of Peru, the Plurinational State of Bolivia, the Ministry of Energy and Mines, the Republic of Chile, United States of America, and Rosgeologia (Rosgeo).

The Ministry of Mines via making provisions under the Chapter-V, Mineral Conservation and Development Rules (MCDR), of 2017, implemented sustainable mining. MCDR- Rule 35 provides for a mining leases star rating based on the sustainable mining practices adopted by different miners.

Under MCDR Rule 35(2), 2017 the star rating is made mandatory and the mining leaseholders have to submit an online self-assessment report before the 1st day of July annually for the previous financial year. Furthermore as per rule 34A of the said rules it is mandatory to submit the mining lease area digital images to the Regional Controller or the authorised officer of the Indian Bureau of Mines.

According to MCDR Rule 35(4), 2017 mining leaseholders shall achieve at least a three-star rating in a four-year period from the date of commencement of mining operations, also maintain it on yearly basis.

Image Source

Also read: The Scope for Automation and key opportunities in the mining sector

The Government of India’s Ministry of Mines has signed several memorandum of understandings (MoU) with the different nations for mining sector development. The MoU was signed with Kingdom of Morocco, the Republic of Zimbabwe, the Federative Republic of Brazil, British Columbia, the Florida International University Board of Trustees on behalf of its Department of Earth and Environment, Arts, Sciences and Education, Rosgeologia (Rosgeo), the Republic of Mali, the Republic of Peru, the Plurinational State of Bolivia, the Ministry of Energy and Mines, the Republic of Chile, United States of America, and Rosgeologia (Rosgeo). The Ministry of Mines via making provisions under the Chapter-V, Mineral Conservation and Development Rules (MCDR), of 2017, implemented sustainable mining. MCDR- Rule 35 provides for a mining leases star rating based on the sustainable mining practices adopted by different miners. Under MCDR Rule 35(2), 2017 the star rating is made mandatory and the mining leaseholders have to submit an online self-assessment report before the 1st day of July annually for the previous financial year. Furthermore as per rule 34A of the said rules it is mandatory to submit the mining lease area digital images to the Regional Controller or the authorised officer of the Indian Bureau of Mines. According to MCDR Rule 35(4), 2017 mining leaseholders shall achieve at least a three-star rating in a four-year period from the date of commencement of mining operations, also maintain it on yearly basis. Image Source Also read: The Scope for Automation and key opportunities in the mining sector

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?