Section 10B of MMDR : Section 10B: Grant Of Mining Lease In Respect Of Notified Minerals Through Auction

Explanation using Example

Imagine a company, "ABC Mining Corp," is interested in extracting a particular mineral, say copper, which is not listed in Part A or Part B of the First Schedule of the Mines and Minerals (Development and Regulation) Act, 1957. The state where ABC Mining Corp wants to operate has established the existence of copper deposits in a certain area.

As per Section 10B of the Act, the state government is required to notify the area for the grant of mining leases for copper through an au...

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