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India's Mines Ministry has proposed proving automatic leases...

  1. 383 Posts.
    India's Mines Ministry has proposed proving automatic leases to
    foreign companies investing in gold and diamond exploration projects
    in the country. Foreign capital is being sought due to the shortage of
    local miners willing to take the risk and qualify for mining permits.
    A policy is being tabled August 10 in Parliament rewarding those
    willing to invest in exploration of gold and diamonds to automatically
    qualify for a mining lease.
 
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