Tag Archives: Mineral Exploration

Allowing Private Sector in Mineral Exploration

Allowing Private Sector in Mineral Exploration TheMines and Minerals (Development and Regulation) Amendment Act, 2015 (MMDR Amendment Act, 2015) has,besides Mining Lease (ML), two specific provisions for mineral exploration viz. Non-exclusive Reconnaissance Permit [NERP] and Prospecting License-cum-Mining Lease [PL-cum-ML] through which private sector can participate in mineral exploration. The allocation of mineral blocks through auction… Read More »