IMPACT OF THE MINISTRY OF MINES NOTIFICATION GSR 126(E) DT. 19.02.2019 AND  GSR 134(E) DT. 20.02.1019 BY REDUCING THE THRESHOLD VALUE (TLV) OF BEACH SAND MINERALS.

As per the above notifications, the private mining lessees for beach sand minerals will have to relinquish their rightful mining leases. No fresh mining lease could be granted for beach sand minerals, for any private players. The Vision of the National Mineral Policy (NMP), 2019, is while the Government Agencies will continue to perform the […]

Indian Mineral Sand Policy

Our association send one letter to PM Office regarding Indian Mineral policy. This is for our members information. ******************* Date : 25-02-19 To   Shri.P.K.Mishra, Additional Principal Secretary, Office of the Honourable Prime Minister, South Block, New Delhi – 100 011   Indian mineral sands policy   The most recent changes to the Indian mineral […]

IMPACT OF THE RECENT NOTIFICATION BY MINISTRY OF MINES FIXING THE TLV OF MONAZITE IN TOTAL HEAVY MINERALS AS 0.0% IN BEACH SAND MINERALS DEPOSITS.

IMPACT OF THE RECENT NOTIFICATION BY MINISTRY OF MINES FIXING THE TLV OF MONAZITE IN TOTAL HEAVY MINERALS AS 0.0% IN BEACH SAND MINERALS DEPOSITS. As per this notification, it prima facie appears that the private sector who are presently having mining leases for beach sand minerals will have to relinquish their rightful mining leases, […]

Representation to reverse the DGFT notification No. 26 of 2018

Copy of representation submitted to the Honourable commerce Minister is posted for information of our members ****************** To, Shri. Suresh Prabhu, Honourable Minister for Commerce, Government of India, New Delhi    Respected Sir, Sub: Export Policy of Beach Sand Minerals (BSM) in Chapter 26 of Schedule 2 of  ITC(HS) Classification of Export and Import Items 2018 – […]

Mineral Industry give 64% of its revenue to Government through various taxes

All over the world, Indian Government will get 64% of the total mineral revenue by way of various taxes, whereas, other countries, the government will get less than 45%. The comparison of FIMI in submission about royalty revision is given below for the information of our members.   royalty note FIMI  

POINTS BY BEACH MINERALS PRODUCERS ASSOCIATION TO FIMI

POINTS BY BEACH MINERALS PRODUCERS ASSOCIATION TO FIMI FOR SPECIFIC FOCUS ON BEACH SAND MINERALS SECTOR FOR CONSIDERATION OF NITI AYOG’S WORKING GROUP RELATED TO MINERALS SECTOR .   BACKGROUND: The Beach Sand Minerals (BSM) occur together and consist of ilmenite, rutile, leucoxene, zircon, garnet, sillimanite and monazite. mining  of BSM in India is more […]

Government of India failed to utilize the monazite for the development of our nation. Here we explain How?

The Department of Atomic Energy (DAE) was reviewing the monazite policy . This is like putting the fox in charge of the henhouse for DAE have consistently worked to maintain their monopoly over the cracking of monazite and have also consistently used scare tactics about ‘atomic minerals’ in various forums as part of this effort. […]

MAKE IN INDIA: POSSIBILITIES AND CHALLENGES IN BEACH SAND MINERALS SECTOR

MAKE IN INDIA: POSSIBILITIES AND CHALLENGES IN BEACH SAND MINERALS SECTOR By SWAMYDAS. B.Sc., B.Tech (IIT)., M.S. (USA)., Chief Adviser and Technical Expert- Beach Minerals Producers’ Association   INTRODUCTION Beach Sand Minerals (BSM) generally consists of ilmenite, rutile, zircon, garnet, monazite, leucoxene and sillimanite coexisting with each other. Most of these minerals occur together, their individual […]