The “Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023” brings substantial changes to regulations governing mineral development in offshore areas. This analysis delves into each amendment’s
India has proposed opening up offshore mining or deep-sea mining of non-atomic minerals or poly-metallic nodules to private companies. Production leases are to be granted only through competitive bidding.
The Ministry of Mines on February 09, 2023 was notified regarding seeking comments/suggestions on the Amendment of the Offshore Areas Mineral (Development and Regulation) Act, 2002. The Ministry of Mines
The Ministry of Mines invites suggestions on draft Offshore Areas Mineral (Development and Regulation) Amendment Bill 2017 seeking to amend the Offshore Areas Mineral (Development and Regulation) Act 2002.
All minerals in offshore areas, including atomic minerals, but crude oil and other hydrocarbons, are governed by the Offshore Areas Mineral (Development and Regulation) Act, 2002. (Reuters) All minerals
An act to provide for development and regulation of mineral resources in the territorial waters, continental shelf, exclusive economic zone and other maritime zones of India.
