India to auction more critical mineral blocks

India has launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about US$362 billion), reported Reuters. Eighteen critical mineral blocks will be auctioned in eight states across the country. The government said 17 of the blocks have been put up for a composite licence, which includes a licence to examine a block and mine…

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Barrick, Pakistan make agreement for Reko Diq restart

After more than 10 years of dispute, Barrick Gold has come to a deal in principle with the governments of Pakistan and the province of Balochistan to restart the Reko Diq gold and copper project. The project, which will now be held by Barrick and Pakistan stakeholders in a 50%-50% split, has been on idle status since 2011 due to…

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