Lack of Geological Data Hinders Indian License Auction

Inadequate exploration and geological data was hindering India’s provincial governments from setting the ball rolling for auction of “composite mining licenses.” Provincial governments like Orissa, Karnataka, and Chhattisgarh have pleaded that they do not have the financial nor technical wherewithal to complete G3 (prospecting stage) of exploration, as was made mandatory by the federal laws from auction of composite mining licenses by the provincial governments.

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Hindustan Zinc Increases Metal Production

India’s Hindustan Zinc Ltd. reported quarter mined metal production of more than 232,000 metric tons (mt), a year-on-year increase of 42%. The company said its saleable zinc, lead and silver metal production was up by 35%, 27% and 33%, respectively, for the same period.

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