Directorate of Mines and Geology (DMG) has identified 129 lots at Vagus jetty, Sirigao mine, Codli mine, Suctolim mine, Kotambi jetty, Surla jetty and Khazan jetty for e-auction.
Of the 15 million tonnes of ore identified for e-auction, 7.76 million tonnes are still stacked awaiting auction.
In the last two years, Directorate of Mines and Geology has managed to e-auction only 7.24 million tonnes of ore, of which 7 million tonnes have been moved out of the site. Nearly 46 lakh tonnes of ore have been exported.
For Wednesday’s e-auction, Directorate of Mines and Geology has slashed the minimum earnest money deposit (EMD).
The minimum earnest money deposit is now Rs 1 lakh for bidding up to 5000 metric tonnes from the earlier Rs 25 lakh for bidding up to 1,000 metric tonnes of ore.
