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The Goa government is planning to register new traders to deal in the recently recovered iron ore and dumps in the state in order accelerate mining operations. Traders will be allowed to buy, export and trade in iron ore.
The state government updated Goa that the hurdles to the registration of new traders would be lifted by implementing the Prevention of Illegal Mining, Storage, and Transportation of Minerals (Sixth Amendment) Rules, 2024.
According to a senior official at the Directorate of Mines and Geology (DMG), there was an issue with new traders' registration. According to state government rules, traders have to first register with the Indian Bureau of Mines (IBM). But the IBM used to say that the traders must first register with the DMG.
“After deliberating on the subject, Goa government decided to amend the state’s rules to allow the registration of new traders so that they can later register with the IBM,” a senior officer said. “undefined on the decision, we have issued a notification which will ease the process of registration for new traders.”
The officer said that once the traders are registered with the DMG and the IBM, they can participate in the e-auctioning of dumps, purchase extracted iron ore, and export the ore.
The leaseholders, traders, exporters, and end-users who have obtained registration numbers from the IBM shall get the state licence within 90 days from the date of the commencement of Goa Prevention of Illegal Mining, Storage and Transportation of Minerals (Sixth Amendment) Rules, 2024, the officer said.
“The authorised officer can reject the application for the grant of the state licence if the applicant does not comply with the conditions of Form A or has submitted an incomplete application,” the officer said. “The order of refusal/rejection can be passed by the authorised officer giving the reasons.”
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