NMDC Awaits Nod For Vietnam Mine Stake

NMDC Awaits Nod For Vietnam Mine Stake

State-owned National Mineral Development Corporation (NMDC) is awaiting the Union Cabinet’s approval to acquire a minority stake in a tungsten mine in Vietnam as part of India’s effort to reduce dependence on China for this key raw material used for defence purposes.

Govt Seeks Views On Amending Offshore Mineral Auction Rules

Govt Seeks Views On Amending Offshore Mineral Auction Rules

The government today said it has sought views of various stakeholders on the proposed bill to amend the Offshore Areas Mineral (Development and Regulation) Act 2002, aimed at introducing transparent and effective mineral auction rules in offshore areas.

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