Sage Investment Club

India plans first-ever auction of lithium mines in Q1FY24

In a first for the country, India plans to auction blocks of lithium mines, recently discovered in Jammu and Kashmir, between April and June. Indian companies and foreign entities with a local subsidiary can participate in the auction, a mines ministry official said. The ministry, through the Geological Survey of India (GSI), will also undertake […]

Mineral production goes up by 9.7% in Nov 2022: Indian Bureau of Mines

The country’s mineral production rose by 9.7 per cent in November as compared to the year-ago period, the mines ministry said on Tuesday.The cumulative growth for April-November was 4.7 per cent over the corresponding period of the previous financial year, according to provisional figures of the Indian Bureau of Mines.”The […]