The Mineral Conservation and Development (Amendment) Rules, 2018

Mar 29, 2018 | by Avantis RegTech Legal Research Team

A |  A

Ministry of Mines vide notification dated March 37, 2018 has issued the Mineral Conservation and Development (Amendment) Rules, 2018 further amending the Mineral Conservation and Development Rules, 2017. Vide this amendment in Rule 12, a new sub-rule (4A) shall be inserted which reads as- In case of mining leases covered under sub-section (6) of section 8A of the Act where the date of expiry of the period of such lease is on  March 31, 2020, the holders of such mining lease shall carry out General Exploration (G2) over the entire mineralised area under the mining lease before the April 01, 2019 and for this purpose,–

(a.)  submit to State Government and the Indian Bureau of Mines, within 45 days of issue of this notification, a modified mining plan in accordance with the provisions of the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 for completion of General Exploration (G2) over the entire mineralised area under the mining lease as required under clause (a) of Rule 5 of the Minerals (Evidence of Mineral Contents) Rules, 2015, in such manner that the plan for exploration is completed before April 01, 2019, and such plan shall be approved by the Indian Bureau of Mines within thirty days of its submission, with or without any modification;

(b.)Prepare and submit to the State Government and the Indian Bureau of Mines, a Geological Study Report as required under clause (b) of Rule 5 of the Minerals (Evidence of Mineral Contents) Rules, 2015, within one month after completion of exploration work.

[G.S.R. 289(E)]

URL: http://www.egazette.nic.in/WriteReadData/2018/184242.pdf


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.