Goa govt completes first round of iron ore mining block auction
COAL & MINING

Goa govt completes first round of iron ore mining block auction

Four businesses won bids to harvest ore from various mineral-rich regions of the coastal state after the Goa government finished the first part of its auction of mining blocks, an official said.

The state's iron ore mining business will resume in the state as a result of the e-auctioning procedure that the Directorate of Mines and Geology (DMG) of the state performed.

Following the Supreme Court's cancellation of 88 mining leases in 2018, the sector, which once accounted for a significant portion of the state's revenue, came to a complete halt.

The mining block auction's initial stage is now concluded. The victorious bidders, a top DMG official, are given all four blocks. He said that Vedanta Limited had won the bid for the Bicholim-Mulgao mining block in North Goa, which has an iron ore deposit of more than 84 million tonnes.

Shirigao-Mayem mining Block in North Goa was won by Salgaocar Shipping Company Pvt Ltd in a competitive bid. He claimed that the mine's mineral reserves were more than 24 million tonnes.

The Monte-de-Sirigao mining block in North Goa, which has 10 million tonnes of ore available for extraction, was won by Goa's Rajaram Bandekar Pvt Ltd, according to the official

Sociedade De Fomento Industries Private Limited won the fourth Block, which includes Kalay Mines (South Goa). He claimed that the mine's 75 hectare undeveloped lease area contains 16.731 million tonnes of iron ore.

On September 30, 2022, the Directorate of Mines and Geology issued a tender invitation for an electronic auction for four mining blocks: Kalay Mine in Sanguem Taluka, Mulgao, Sirigao-Mayem, and Monte-de-Sirigao, all of which are located in the Bicholim Taluka.

See also:
Goa requests MoF to levy nil export duty on low-grade iron ore
NMDC gets LoI for Bailadila iron ore mine in Chhattisgarh


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Four businesses won bids to harvest ore from various mineral-rich regions of the coastal state after the Goa government finished the first part of its auction of mining blocks, an official said. The state's iron ore mining business will resume in the state as a result of the e-auctioning procedure that the Directorate of Mines and Geology (DMG) of the state performed. Following the Supreme Court's cancellation of 88 mining leases in 2018, the sector, which once accounted for a significant portion of the state's revenue, came to a complete halt. The mining block auction's initial stage is now concluded. The victorious bidders, a top DMG official, are given all four blocks. He said that Vedanta Limited had won the bid for the Bicholim-Mulgao mining block in North Goa, which has an iron ore deposit of more than 84 million tonnes. Shirigao-Mayem mining Block in North Goa was won by Salgaocar Shipping Company Pvt Ltd in a competitive bid. He claimed that the mine's mineral reserves were more than 24 million tonnes. The Monte-de-Sirigao mining block in North Goa, which has 10 million tonnes of ore available for extraction, was won by Goa's Rajaram Bandekar Pvt Ltd, according to the official Sociedade De Fomento Industries Private Limited won the fourth Block, which includes Kalay Mines (South Goa). He claimed that the mine's 75 hectare undeveloped lease area contains 16.731 million tonnes of iron ore. On September 30, 2022, the Directorate of Mines and Geology issued a tender invitation for an electronic auction for four mining blocks: Kalay Mine in Sanguem Taluka, Mulgao, Sirigao-Mayem, and Monte-de-Sirigao, all of which are located in the Bicholim Taluka. See also: Goa requests MoF to levy nil export duty on low-grade iron ore NMDC gets LoI for Bailadila iron ore mine in Chhattisgarh

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000