Government to auction 42 blocks in second phase of mines auction – Feedback

The government will be auctioning a total of 42 blocks in the second phase of mineral auctions during 2016-17. These blocks have been identified by seven state governments for auction under the Mines & Minerals Development & Regulation (Amendment) Act, 2015.

The 42 blocks are spread across Chhattisgarh – where six blocks (five limestone and one gold) are on offer, Gujarat – eight blocks (four limestone and four bauxite), Maharashtra – four (one bauxite, iron ore, limestone, tungsten each), Odisha – three (one iron ore, two limestone), Karnataka – fifteen iron ore, Jharkhand – three (two copper and one gold) and Rajasthan – three blocks of limestone. Speaking in Lok Sabha on Monday, union steel & mines minister Narendra Singh Tomar also said that in April-May 2016, twenty two mineral blocks will be auctioned under phase 1, in which eight states have notified 43 major mineral blocks for auctions.

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