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India invites bids for ten more iron ore, Mn blocks

Odisha govt. has today (i.e 14th Oct 2019) invited bids for grant of ten more iron and manganese ore mining leases via Phase II. In this phase few key iron ore mining leases that are being auctioned include - Rungta's Jajang mine, Serajuddin Balda block, GS Mishra & Sons & BICO.
Under Section 10 (B) of the Mines and Minerals (Development and Regulation) Act, 1957 and in accordance with the amended mineral (auction) Rules, 2015. Government of Odisha has identified 10 minerals blocks (5 blocks of Iron Ore, 3 blocks of Iron Ore and Manganese and 2 blocks of Manganese) for electronic auction. Accordingly, financial bids

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