The Goa authorities has accomplished the primary section of public sale of mining blocks with 4 corporations profitable bids for the extraction of ore from completely different mineral wealthy stretches of the coastal state, an official mentioned on Thursday. The state Directorate of Mines and Geology (DMG) had performed the e-auctioning course of which is able to pave method for the resumption of the state’s iron ore mining trade within the state.
The trade, which was one of many main income earners for the state, had come to a standstill in 2018 after the Supreme Court docket quashed 88 mining leases.
“The primary section of auctioning of the mining blocks has been accomplished. All of the 4 blocks are assigned to the profitable bidders,” a senior DMG official instructed PTI.
He mentioned Vedanta Restricted had received the bid for Bicholim-Mulgao mining block (North Goa) which has acquired greater than 84 million tonnes of the iron ore reserve.
“Salgaocar Delivery Firm 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 mentioned.
Goa’s Rajaram Bandekar Pvt Ltd efficiently bid for Monte-de-Sirigao mining block (North Goa) that has 10 million tonnes of ore obtainable for extraction, the official mentioned.
The fourth Block comprising Kalay Mines (South Goa) was received by Sociedade De Fomento Industries Non-public Restricted. The mine has acquired 16.731 million tonnes of iron ore within the unexplored lease space of 75 hectares, he mentioned.
The Directorate of Mines and Geology, by way of 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.
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