Bihar discovers deposits of vital minerals, preps for auctioning mining rights
4 min readBy PTI
PATNA: The Bihar authorities is getting ready to public sale mining rights for minerals resembling limestone, vanadium-bearing magnetite ilmenite, magnetite and glauconite which were found in numerous non-forest areas of the state, a senior official stated on Thursday.
Explorations close to Patalganga in Gaya, components of Rohtas district and Majos in Jamui district discovered the presence of hundreds of thousands of tonnes of mineral reserves, in response to an official doc seen by PTI.
“The state government will engage SBI Capital Markets (SBICAPS) as the transaction advisor for the auctions, and also to suggest the terms and conditions based on which the auctions would be held,” Additional Chief Secretary and Mines Commissioner Harjot Kaur Bamhrah instructed PTI.
“Undoubtedly, the discovery of such critical minerals in non-forest areas of the state is a matter of great satisfaction. We don’t have to seek permission from authorities concerned before initiating exploration activities as these deposits are not in forest areas,” she stated.
The normal exploration (G2 stage) in Jamui’s Majos has discovered 48.40 million tonnes of magnetite.
Preliminary exploration (G3 stage) in Pipradih-Bhurwa block in Rohtas has established 88.38 mt of Glauconite over a 12.46 sq km non-forest space, Bamhrah stated.
While magnetite, a rock mineral, is likely one of the foremost iron ores, glauconite is a green-colored mineral and structurally just like mica, she stated.
“Now, Bihar has sufficient mineral resources to boost its economy,” she added.
There are 4 levels of exploration for any mineral deposit — reconnaissance (G4), preliminary exploration (G3), normal exploration (G2) and detailed exploration (G1).
Innovative exploration strategies utilizing the most recent applied sciences have resulted within the discovery of a number of mineral reserves in several components of the state, Bamhrah stated.
Last month, preliminary exploration in Bhora-Kathra in Rohtas discovered limestone deposits throughout 5.60 sq km, she stated, noting that 39.68 mt of limestone is estimated within the space.
Vanadium-bearing magnetite ilmenite was discovered northeast of Patalganga and east of Sapneri village in Gaya and Jehanabad over a 2 sq km space. Vanadium is utilized in manufacturing metal, pipes, superconducting magnets, medical implants and batteries, Bamhrah defined.
The state authorities has additionally lined up two mines, value Rs 14,048 crore, of glauconite — a standard supply of potassium in fertilisers, in Pipradih and Chutia-Nauhatta blocks of Rohtas for public sale, she stated.
Besides, the Mines and Geology Department has determined to public sale iron ore deposits, value Rs 6,000 crore, within the Jamui district, she added.
PATNA: The Bihar authorities is getting ready to public sale mining rights for minerals resembling limestone, vanadium-bearing magnetite ilmenite, magnetite and glauconite which were found in numerous non-forest areas of the state, a senior official stated on Thursday.
Explorations close to Patalganga in Gaya, components of Rohtas district and Majos in Jamui district discovered the presence of hundreds of thousands of tonnes of mineral reserves, in response to an official doc seen by PTI.
“The state government will engage SBI Capital Markets (SBICAPS) as the transaction advisor for the auctions, and also to suggest the terms and conditions based on which the auctions would be held,” Additional Chief Secretary and Mines Commissioner Harjot Kaur Bamhrah instructed PTI.googletag.cmd.push(operate() googletag.show(‘div-gpt-ad-8052921-2’); );
“Undoubtedly, the discovery of such critical minerals in non-forest areas of the state is a matter of great satisfaction. We don’t have to seek permission from authorities concerned before initiating exploration activities as these deposits are not in forest areas,” she stated.
The normal exploration (G2 stage) in Jamui’s Majos has discovered 48.40 million tonnes of magnetite.
Preliminary exploration (G3 stage) in Pipradih-Bhurwa block in Rohtas has established 88.38 mt of Glauconite over a 12.46 sq km non-forest space, Bamhrah stated.
While magnetite, a rock mineral, is likely one of the foremost iron ores, glauconite is a green-colored mineral and structurally just like mica, she stated.
“Now, Bihar has sufficient mineral resources to boost its economy,” she added.
There are 4 levels of exploration for any mineral deposit — reconnaissance (G4), preliminary exploration (G3), normal exploration (G2) and detailed exploration (G1).
Innovative exploration strategies utilizing the most recent applied sciences have resulted within the discovery of a number of mineral reserves in several components of the state, Bamhrah stated.
Last month, preliminary exploration in Bhora-Kathra in Rohtas discovered limestone deposits throughout 5.60 sq km, she stated, noting that 39.68 mt of limestone is estimated within the space.
Vanadium-bearing magnetite ilmenite was discovered northeast of Patalganga and east of Sapneri village in Gaya and Jehanabad over a 2 sq km space. Vanadium is utilized in manufacturing metal, pipes, superconducting magnets, medical implants and batteries, Bamhrah defined.
The state authorities has additionally lined up two mines, value Rs 14,048 crore, of glauconite — a standard supply of potassium in fertilisers, in Pipradih and Chutia-Nauhatta blocks of Rohtas for public sale, she stated.
Besides, the Mines and Geology Department has determined to public sale iron ore deposits, value Rs 6,000 crore, within the Jamui district, she added.
