mineral exploration

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    Strategic Mineral Auction Update: 11 Blocks Pulled

    New Delhi, March 31 The government has cancelled the auction of 11 critical and strategic mineral blocks which were put up for sale in the sixth round due to poor investor response and a lack of qualified bidders.This development comes as a setback to the government's efforts to increase...
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    Coal India Subsidiary Sees Significant Dip After IPO

    Shares of CMPDIL Decline Over 10% on Listing Initial Trading and Price Decline Shares of Central Mine Planning & Design Institute Ltd (CMPDIL), a subsidiary of state-owned Coal India, experienced a significant discount on its debut trading session on Monday. The stock commenced trading at...
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    India Boosts Critical Mineral Exploration & Startup Mining

    New Delhi, March 26 – India is intensifying its efforts to explore critical minerals, promote startups in mining, and build strong domestic supply chains to reduce import dependence, Minister of State Dr. Jitendra Singh said on Thursday.Speaking at the governing body meeting of the National...
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    Boosting Mineral Discovery: New Reforms and Private Sector Focus

    New Delhi, March 25 The Centre on Wednesday directed all states to expedite ongoing exploration projects, ensure faster approvals, and improve coordination to significantly reduce the time between exploration and auction, a move aimed at strengthening the nation's critical mineral security amid...
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    Rare Earth Magnet Expansion: India Targets 5,000 Tonnes by 2030

    India Targets 5,000 Tonnes Rare Earth Magnet Production by 2030, Boosts Lithium Exploration New Delhi, March 25, 2026 – India is accelerating efforts to expand domestic production of rare earth permanent magnets and explore critical minerals like lithium, targeting a production capacity of 5,000...
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    India's Critical Mineral Sector: Hindustan Power Enters PGE Exploration

    New Delhi, March 24 Hindustan Power announced on Tuesday that it has received a letter of intent for the exploration of the Padhar Platinum Group Elements (PGE) block in Madhya Pradesh.The Letter of Intent follows the forward e-auction conducted by the Union Ministry of Mines, in which a group...
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    Coal India Subsidiary IPO Success

    New Delhi, March 24 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, was fully subscribed on the final day of bidding on Tuesday.The IPO, worth Rs 1,842 crore, received bids for 8,37,16,560 shares, against 7,97,89,500 shares...
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    CMPDIL IPO Subscribes 7% on Day One

    New Delhi, March 20 The initial public offering of Central Mine Planning and Design Institute Ltd, a subsidiary of state-owned Coal India, received subscriptions worth 7 per cent on the first day of the share sale on Friday.According to NSE data, the IPO received bids for 52,44,320 shares...
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    IPO Details: CMPDIL’s Rs 1,842-cr Offering

    CMPDIL IPO: Subscription Opens March 20, Valued at Rs 12,280 Crore CMPDIL Announces Rs 1,842 Crore IPO The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription...
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