mines and minerals act, 1957 key features

The writ petitioner is liable to pay royalty on the weightage of coal. Key features of the Rules include: ... Mines and Minerals (Development and Regulation) Act, 1957. Read more about Odisha to take call on fate of 18 suspended mines today on Business Standard. This classification is embodied in the principal legislation regulating the mining sector in India; ie, the Mines and Minerals (Development and Regulation) Act, 1957 (the “MMDR Act”). The Centre has removed distinctions between captive (self-use) and merchant (commercial sale) mines. SC lifts corporate veil to uncover unlawful transfer of mining lease in guise of transfer of shares. New Delhi: The Centre has asked each state having mineral resources to identify at least five new mining projects for auction with pre-embedded clearance on a pilot basis with a view to expediting the sale process as well as operationalisation of the blocks. The key amendments introduced by the Amendment Act to the Mines and Minerals (Development and Regulation) Act, 1957 (Act) include the following: Auction Process for Grant of Mineral Concessions According to pivot charts, the key support levels for the Nifty are placed at 14,467.3, followed by 14,371.1. Public comments on the Draft Bill are invited till December 10, 2014. The Draft Bill seeks to do the following: Define notified minerals to include bulk minerals such as iron-ore, manganese ore, bauxite, and limestone. Tomar said the amendment in the Mines and Mineral Development Regulation Act, 1957 via an ordinance recently has paved the way for putting in place transparent policies for the key sector. The BroadBased SocioEconomic Empowerment Charter for the Mining and Minerals Industry, 2018, as amended (“Charter”) was published on 27 September 2018 and commenced on 1 March 2019, which has resulted in the industry being required to comply with the additional obligations imposed therein In terms of the Charter, a holder of a mining … The state government on Thursday will take a call on the fate of 18 iron ore and manganese mines which are off operation since the May 16 order of the Supreme Court.These mines awaiting second and subsequent renewal are under temporary closure and Joint team shall check all the goods carrying trucks for necessary documents. This amendment modified the principal legislation for the development and regulation of mines and minerals (other than natural gas and petroleum), i.e., the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). Joint team shall detect coal-laden trucks without valid Mineral Transport Challan and seize the vehicle, and shall register the case under Section 21 of Mines and Minerals (Development & Regulation) Act, 1957 participation from key agencies and actors in the mining sector, including the Ministry of Lands and Natural Resources, Minerals Commission, Environmental Protection Agency, the Chamber of Mines, Association of Small Scale Miners, Precious Minerals Marketing Company, representative of mining companies and civil society provided further insights from the STEEP perspective. The Coal Mines (Nationalisation) Act, 1973, permits a mining lease to be granted only to the Central government or its undertakings (or subleases to be granted by them), or to private companies that have any of the four specified end-uses: power generation, coal washing, iron and steel production or cement production. According to the Ministry, Dolesara, Jarekela, and Jharpalam-Tangarghat coal mines were added to the 1st Tranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957 Mining. There have been laws guiding and regulating mining activities since 19th century. 2. But the Mines and Minerals (Development and Regulation Act, 1957, ('MMDR') and the Mines Act, 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in … The contention put forth in this case is that for the purpose of section 9 of the mines & mineral (development and regulation) act, 1957 the expression “removal” would mean that it is not enough to extract the mineral from pit but should be dispatched out of the leased area. The Mines and Mineral (Development and Regulation) Act 1957 is the main Central legislation in force for the sector. The Government has amended the Mines and Minerals Development and Regulation Act 1957 (MMDR Act). It seeks to amend the Coal Mines (Nationalisation) Act, 1973 and the Mines and Minerals (Development and Regulation) Act, 1957. Briefing reporters, coal and mines minister Prahlad Joshi said the cabinet has approved the promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation) Act 1957 and Coal Mines (Special Provisions) Act 2015. As per Sec 5[2] of the MMDR Act, 1957, the mining leases will be considered only for the ‘prospected’ areas. Given that most mines, including those in Keonjhar, fall within the purview of this Act, the key question was whether the renewal of a mining lease required fresh permission of the Central government. It also provided the much-needed impetus to the mining industry by deemed extension of mining leases. The case was heard by the learned single Judge who taking into consideration Section 9(2) of the Mines and Minerals (Regulation and Development) Act, 1957, held that the royalty is payable on the coal removed from the leased area and so long it is not removed, no royalty is payable. The Mines and Minerals (Development and Regulation) Act of 1957 (referred to as MMDR Act) regulates the mining sector in India, including specifying the rules for the allocation of mining leases. An Act further to amend the Mines and Minerals (Development and Regulation) Act, 1957. Problems are, therefore, faced in accounting of the mineral reserves in all the leaseholds or part of it. The Act was enacted when the Industrial Policy Resolution 1957 was the guiding policy for the sector, and thus was aimed primarily at providing a mineral concession regime in the context of the metal making public sector undertakings. Minor minerals include building stones, gravel, ordinary clay, ordinary sand and other minerals that the central government declares to be minor minerals. Briefing reporters, Coal and Mines Minister Prahlad Joshi said the Cabinet has approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act 1957 and Coal Mines (Special Provisions) Act 2015. Mining Law 2021 Laws and Regulations South Africa ICLG. 38 coal mines to be offered in auction for commercial mining: Coal Ministry. It will also amend the Mines and Minerals (Regulation and Development) Act, 1957 (MMRDA). October 27, 2016 [2016] 66 taxmann.com 72 (SC)/[2016] 132 CLA 17 (SC)/[2016] 4 COMP. This will, however, require amendment in the Mines and Minerals (Development and Regulation) Act of 1957 to remove the right of first refusal given to mining lease holders. She said cases will be filed against the perpetrators under Mines and Minerals (Development and Regulation) Act 1957 by the revenue divisional officer. feature among the “wasting assets”. Government officials said the amended MMDRA will be placed before the Parliament in the upcoming session. (1) This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2015. BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:-1. Eurasian Minerals and Newmont Mining Corporation are two of the firms involved. The amendment removed discretion by instituting auction to be the sole method of grant of major mineral concessions and, thereby bringing in greater transparency. (2) It shall be deemed to have come into force on the 12th day of January, 2015. The Republic of India as follows: -1 1 ) This Act may called... It also provided the much-needed impetus to the mining industry by deemed extension mining! 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