The first phase of e-auction of iron ore mining blocks in Goa has concluded with Sociedade De Fomento Industries wining the final bid for Kalay mining block in Sanguem taluka in Goa by biding highest premium of 86.4% of the average sale price of the Indian Bureau of Mines. The mine, with erstwhile owner NS Narvekar, has also got 16.731 million tonnes of iron ore in the unexplored lease area of 75 hactares. Here, 3.93 million tonnes of ore is blocked since the area falls within one-km of Eco-Sensitive Zone Goa’s Directorate of Mines and Geology, through Metal Scrap Trading Corporation, had put up four mineral blocks for e-auction having approximately 135 million tonnes of iron ore reserves.Bicholim - VedantaSirigao Mayem - Salgaocar ShippingMonte-de-Sirigao – Rajaram BandekarKalay - Sociedade De Fomento All the successful bidders will now have to obtain all the requisite permissions including the Environment Clearance within three years to operate the mining lease.
The first phase of e-auction of iron ore mining blocks in Goa has concluded with Sociedade De Fomento Industries wining the final bid for Kalay mining block in Sanguem taluka in Goa by biding highest premium of 86.4% of the average sale price of the Indian Bureau of Mines. The mine, with erstwhile owner NS Narvekar, has also got 16.731 million tonnes of iron ore in the unexplored lease area of 75 hactares. Here, 3.93 million tonnes of ore is blocked since the area falls within one-km of Eco-Sensitive Zone Goa’s Directorate of Mines and Geology, through Metal Scrap Trading Corporation, had put up four mineral blocks for e-auction having approximately 135 million tonnes of iron ore reserves.Bicholim - VedantaSirigao Mayem - Salgaocar ShippingMonte-de-Sirigao – Rajaram BandekarKalay - Sociedade De Fomento All the successful bidders will now have to obtain all the requisite permissions including the Environment Clearance within three years to operate the mining lease.
