National Mineral Policy 2006 - Department of Mines
National Mineral Policy 2006 - Department of Mines National Mineral Policy 2006 - Department of Mines
Annexure 5: Using the GRI Guidelines and the Mining and Metals Sector Supplement......275Annexure 6: ICMM Principles...............................................................................................281Annexure 7: Royalty Accruals on Minerals in States with Significant Mining Activities....282Annexure 8: Mineral-wise Collection of Royalty in Selected States ....................................283Annexure 9: The Second Schedule: Rates of Royalty...........................................................286Annexure 10: International Comparison of Royalty Rates....................................................294Annexure 11: Eleven Large Non-captive Iron Ore Mines in 2004–05..................................295Annexure 12: Production, Consumption, Exports, and Iron Ore Surplus in India ................296Annexure 13: Iron Ore Production by Sectors: Captive vs. Non-captive ..............................297FiguresFigure 3.1: Procedure for Processing of Application for Mining in Forest Land ....................84Figure 3.2: Flow Chart for Existing Environmental Clearance Process (GOI Level) .............89Figure 3.3: Public Hearing/NOC from SPCB..........................................................................92TablesTable 4.1: Mineral Production in India, 2004–05....................................................................98Table 4.2: Non-captive Production in Large-scale and SME Sector .......................................99Table 4.3: Current Position of Railway Projects Relevant for Mining..................................104Table 4.4: Port-wise Exports of Indian Iron Ore ...................................................................105Table 4.5: Iron Ore: Cross-country Comparison of FOB Cost..............................................107Table 7.1: Admission Criteria for the Main Market and AIM...............................................137Table 7.2: Minimum Listing Requirements for Mining Companies .....................................138on Toronto Venture Exchange .......................................................................................138Table 7.3: Iron Ore Production by Sectors: Captive vs. Non-captive ...................................149Table 7.4: Iron Ore Resources and Production, 1980, 1990, and 2000 .................................150Table 7.5: Steel Consumption Pattern in India, China, and South Korea..............................153Table 7.6: World Ilmenite Reserves ......................................................................................175Table 7.7: Titanium Sponge Capacity and Production..........................................................176Table 7.8: Reserves and Production of Ilmenite in India vis-à-vis Other Countries .............178BoxesBox 6.1: Methods of Valuation of Royalty in Western Australia..........................................128iv
AcronymsAERB Atomic Energy Regulation BoardAIM Alternative Investment MarketAMD Atomic Minerals Directorate for Exploration and ResearchASX Australian Stock ExchangeBOT build–operate–transferBSM beach sand mineralsCCivilCA Civil AppealCAD Command Area DevelopmentCAF Compensatory Afforestation FundCAGR compound annual growth rateCCF Chief Conservator of ForestCF Conservator of ForestCII Confederation of Indian IndustriesCIS Commonwealth of Independent StatesCSA Companhia Siderurgica do AtlanticoCSN Companhia Siderurgica NacionalCSR Corporate Social ResponsibilityCST Companhia Siderurgica de TubaraoDAE Department of Atomic EnergyDFI development financial institutionDFO Divisional Forest OfficerDGCA Directorate General of Civil AviationDGFT Directorate General of Foreign TradeDMG Directorate of Mining and GeologyDMO District Mining OfficerDMRL Defence Metallurgical Research LaboratoryDPR Detailed Project ReportDWT dead weight tonnageEBITDA earnings before interest, tax, depreciation and amortisationEIA Environmental Impact AssessmentEMP Environmental Management PlanEMS Environment Management SystemEPA Environment (Protection) Act, 1986EXIM Export–ImportFCA Forest (Conservation) Act, 1980FCR Forest (Conservation) RulesFDI foreign direct investmentFeIronFII foreign institutional investorFIfinancial institutionFICCI Federation of Indian Chambers of Commerce and IndustryFIMI Federation of Indian Mineral IndustriesFIPB Foreign Investment Promotion BoardFMCG Fast Moving Consumer GoodsFOB free on boardG&A General and Administrationv
- Page 2 and 3: National Mineral PolicyReport of th
- Page 4 and 5: ContentsAcronyms...................
- Page 8 and 9: GDP gross domestic productGIS Geogr
- Page 10 and 11: UNFCUSVATWCUUnited Nations Framewor
- Page 12 and 13: Introduction1. The Government of In
- Page 14 and 15: issues relate to fund raising by pr
- Page 16 and 17: termination of MLs, lowering of cei
- Page 18 and 19: • In the case of large mining ope
- Page 20 and 21: investment. The work done by GSI co
- Page 22 and 23: mainly for minerals of base metals
- Page 24 and 25: 1.21 This situation has changed dra
- Page 26 and 27: absent. A study by the United Natio
- Page 28 and 29: example, a mining major may outsour
- Page 30 and 31: would otherwise remain unexploited
- Page 32 and 33: the policy environment must continu
- Page 34 and 35: ‘A thrust is to be given to explo
- Page 36 and 37: In reviewing the MMDR Act, it is ne
- Page 38 and 39: permissible activities in order to
- Page 40 and 41: (i)(ii)(iii)(iv)The current two-tie
- Page 42 and 43: per plan should be significantly hi
- Page 44 and 45: Duration of Concessions1.48 In the
- Page 46 and 47: 10,000 sq. km in a state. This has
- Page 48 and 49: (ii)(iii)(iv)The maximum total area
- Page 50 and 51: e obviated if the lease deed is exh
- Page 52 and 53: elinquishment of areas by the lesse
- Page 54 and 55: to give priority to the prior appli
Annexure 5: Using the GRI Guidelines and the Mining and Metals Sector Supplement......275Annexure 6: ICMM Principles...............................................................................................281Annexure 7: Royalty Accruals on <strong>Mineral</strong>s in States with Significant Mining Activities....282Annexure 8: <strong>Mineral</strong>-wise Collection <strong>of</strong> Royalty in Selected States ....................................283Annexure 9: The Second Schedule: Rates <strong>of</strong> Royalty...........................................................286Annexure 10: International Comparison <strong>of</strong> Royalty Rates....................................................294Annexure 11: Eleven Large Non-captive Iron Ore <strong>Mines</strong> in 2004–05..................................295Annexure 12: Production, Consumption, Exports, and Iron Ore Surplus in India ................296Annexure 13: Iron Ore Production by Sectors: Captive vs. Non-captive ..............................297FiguresFigure 3.1: Procedure for Processing <strong>of</strong> Application for Mining in Forest Land ....................84Figure 3.2: Flow Chart for Existing Environmental Clearance Process (GOI Level) .............89Figure 3.3: Public Hearing/NOC from SPCB..........................................................................92TablesTable 4.1: <strong>Mineral</strong> Production in India, 2004–05....................................................................98Table 4.2: Non-captive Production in Large-scale and SME Sector .......................................99Table 4.3: Current Position <strong>of</strong> Railway Projects Relevant for Mining..................................104Table 4.4: Port-wise Exports <strong>of</strong> Indian Iron Ore ...................................................................105Table 4.5: Iron Ore: Cross-country Comparison <strong>of</strong> FOB Cost..............................................107Table 7.1: Admission Criteria for the Main Market and AIM...............................................137Table 7.2: Minimum Listing Requirements for Mining Companies .....................................138on Toronto Venture Exchange .......................................................................................138Table 7.3: Iron Ore Production by Sectors: Captive vs. Non-captive ...................................149Table 7.4: Iron Ore Resources and Production, 1980, 1990, and 2000 .................................150Table 7.5: Steel Consumption Pattern in India, China, and South Korea..............................153Table 7.6: World Ilmenite Reserves ......................................................................................175Table 7.7: Titanium Sponge Capacity and Production..........................................................176Table 7.8: Reserves and Production <strong>of</strong> Ilmenite in India vis-à-vis Other Countries .............178BoxesBox 6.1: Methods <strong>of</strong> Valuation <strong>of</strong> Royalty in Western Australia..........................................128iv
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