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Mineral Economics Division

The Mineral Economics (ME) Division was established in 1948 in Indian Bureau of Mines. In 1956 it attained the status of division of the department. The ME division provides information support and advisory services to the Government and Mineral Industry specially on issues like marketing, specifications and uses of minerals, mineral legislation, inventory of mineral resources, mining leases and taxation etc. Moreover, it disseminates latest information on mineral industry, collected through statutory as well as non-statutory sources, through its flag-ship publication "Indian Minerals Year Book" and number of other publications. This Division is headed by a Chief Mineral Economist. The IBM's Mineral Resource & Intelligence System (MRIS) Center, Library and Reprographic Unit also function under this Division. While keeping with primary objective of the department, Mineral Economics Division discharges its responsibilities by collecting different kinds of data on mines and minerals and allied subjects , processes it and disseminates through different functional activities. The main functions of ME division are as follows:

 

NATIONAL MINERAL INVENTORY (NMI)

The main task of National Mineral Inventory Unit of the Mineral Economics Division is preparation and quinquennial updation of inventories of mineral resources in the country, covering mineral deposits in leasehold and freehold areas.  This provides an overview of Geological and Techno-Economical Status of Mineral Resources, necessary for planning and programming of Mineral Development. 

Preparation of NMI is a continuous process initiated in the year 1968 with only a few minerals.  Later on more minerals were added in successive updations. Last mineral inventory was updated as on 1-04-2005 in which data on 65 minerals was accommodated. The NMI is fully computerized and the requisite information is available to interested persons/agencies on charge basis. 

NMI in its present form covers - location of Mineral deposits/lease, nature of land, infrastructure, geology, exploration, physical and chemical properties, beneficiation, resources, reserves, status of freehold/leasehold, etc. along with the primary source of information.

Considering the need of policy makers and industry entrepreneurs, estimation of resource based on exploration and techno-economic considerations with classification of quantities as per their end-use grade were accommodated. The NMI provides comprehensive overview of exploration, development and mining activities carried out by the Government as well as Private agencies. The NMI, thus helps entrepreneurs in short listing target deposits.

The United Nations Framework Classification (UNFC), a system of reporting resource estimation based on three considerations namely Geological, Feasibility and Economic viability has been introduced successfully in the NMI since 01-04-2000 which has opened ways for investors to easy access and assess the information as available in NMI as per globally accepted parameters. The mineral resource data generated by NMI is disseminated through various publications of IBM and is being used by Government and Industry.

For latest National Mineral Inventory at a Glance, please click here.

For Mineralwise reserves / resources of minerals as on 1-4-2010 (Provisional) please click here.

Bulletin of Mineral Information ( BMI )

The Bulletin of Mineral Information (BMI) is a Half Yearly Bulletin of Mineral Information.  It contains information obtained from various returns and notices on grant of mining leases / prospecting licences, execution deeds, abstracts, renewal, amendments, revocation, surrender / determination etc. under rule 57 (1) of MCR 1960, which are being submitted by the Directorate of Mines & Geology of respective State Governments.  Besides, mine owners send notices in prescribed proforma /returns under Rule 22,23,24,25 & 50 of Minerals Conservation & Development Rules 1988.  However, copies of PL / ML orders relating to approval / inclusion of additional mineral in the existing leases are received from the Central Government.  The data so received are processed and incorporated in the Half Yearly Bulletin of Mineral Information under three broad categories.

  1. Tables on trend in Mining & Prospecting licences.
  2. Information on production of mineral based products.
  3. Highlights of mineral & mining activities in domestic & abroad.


For latest Bulletin of Mineral Information please click here 

INDIAN MINERALS YEARBOOK (IMYB)

This scheme is linked to the objective of enhancing the information  base and dissemination of data related to the mines, minerals, mineral commodities and mineral based industries which is an important segment of our industrial sector.  "Indian Minerals Year Book" (IMYB) depicts entire "gamut" of minerals and mineral based industries of India.  It has over about last 50 years, built up an unique system of data collection without any parallel in the country.  The mineral based industry information covers location of plant, capacity, production, end use mineral consumption (indigenous or imported) source of supply, prices, distance from mine site, expansion programme, if any, etc.  Preparation of IMYB involves correspondence for obtaining data/information on non-statutory basis from nearly 2700 parties engaged in mineral industries including state directorates of Mines & Geology, R&D Institutions, Mineral Producers, Users, Traders, etc. and gleaning information from annual returns submitted under MCDR, 1988.  The data received are analysed and based on this data, consumption data are recorded and tables are prepared. IMYB consists of Part I having as many as 11 general chapters and Part II consists of 69 mineral & commodity reviews.  IMYB provides a status report of Mining and Mineral Industry in India on an annual basis.  This publication has wide readership- both National and International.

Click here for latest INDIAN MINERALS YEAR BOOK 

World Mineral Intelligience (WMI)

Through this function, Mineral Economics Division processes and maintain updated information on mineral reserve, production, and  trade data of different countries.  This information is essential to India keeping in view to assist government for bilateral co-operation treaty / agreement with different countries under global liberalized economic scenario.
           
Technology innovation, discovery of new deposits, its potentiality, international trade in minerals, global economy and international prices of minerals & metals can effect India’s import or export trade and interest in mineral sector of other countries of world.  Therefore, constant watch over world wide developments in mineral sector is required for proper utilization and long term planning of Indian mineral resources towards self sufficiency.

At present information on country-wise mineral reserves, production, price, trade are compiled from different international publications and other sources for 60 different minerals.

Technical papers for national and international seminars, symposia and prepared besides draft speeches/addresses for Minister / Secretary (Mines) and Head of Department etc.

MINERAL INFORMATION  & ADVISORY SERVICES (MIAS)

The unit provides mineral related information to the government agencies/ individuals and advise to the government on different mineral related issues and examines the problems and policy issues for rendering comments to the Govt. from time to time.

MIAS unit provides information on mineral resources, productivity pattern, consumption of mineral in different industries, prices of mineral / metals in different domestic & international markets, exports / imports of minerals / metals and exploration activity carried out by different agencies as and when required for Ministry references, Parliament Questions and also render assistance to Central and State Govts. public and private agencies from time to time.

MIAS unit also prepares key note address / drafts speeches / technical paper / presentation etc. as and when required by the Hon’ble Minister / Minister for state, Ministry of Mines and Head of Deptt.

MINING LEASES INFORMATION

Under Rule 57 (2) of Mineral Concession Rule, 1960

This Unit has been assigned with the task of preparation and updation of mining lease information and bring out the Directory of Mining Leases based on the information received through the consolidated annual returns in proforma A, B & C from various state govts. and union territories under Rule 57 (2) of MCR 1960.  The data so received are physically processed, analyzed and updated through computerization.  Finally mining lease directory and other required data are generated.  This is a continuous process carried out on yearly basis.  The Mining Lease Directory provides comprehensive overview of a mining lease with details on location of lease, lessee’s name and address, lease area, date of grant of ML, date of execution of ML, period of lease etc.  Mining lease information is fully computerized and is available as hard copy on charge basis.

FOR ALL INDIA DIRECTORY OF MINING LEASES , please click here

BULLETIN OF MINING LEASES AND PROSPECTING LICENCES

This Unit has been assigned with the task of preparation of the publication – The Bulletin of Mining and Prospecting Licences.  The predominant portion of this bulletin is taken from updated Mining Lease Directory which in turn is compiled from the data supplied by State Govts. Under the Statutory provision o of Rule 57 (2) of MCR 1960.  In so far as prospecting Licences / Reconnaissance permits are concerned the individual licence / permit deeds and the consolidated annual returns received under Rule 57 (i) and (2) of MCR 1960 are utilized.  Besides, approval orders in case of reconnaissance permits are also used as source of information.  The information in this bulletin after assortment and analysis with different scenario is segregated into state wise, district wise, mineral wise and sector wise for easy comprehension of data on distribution of Mining Leases / Prospecting Licences / Reconnaissance Permits executed across the country.  This is continuous process and carried out on yearly basis.  The publication is useful in the process of planning and programming new ventures in judicious utilization of mineral resources.

For latest Bulletin of Mining Leases and Prospecting Licences, please cick here 

Mineral Legislation

This unit provides mineral and mining laws related information to the government agencies / individuals and advise to the government related to MMDR Act and rules made thereunder, Minor Mineral Concession Rules (MMCR), Mineral Policy and policies of other ministries like Steel, Labour, Commerce & Industry, Employment, Foreign Trade Policy, etc. and examines the problems and policy issues for rendering comments to the Government from time to time.

Legislation unit has active participation in various committees constituted by Ministry of Mines and other Ministries, like meetings, workshops, the Study Group on Revision of Royalty Rates and Dead Rent on major Minerals (other than coal, lignite and sand for stowing) High Level Committee to review the National Mineral Policy, 1993, Working Groups to suggest draft amendments in MMDR Act, MCR and MCDR Granite Development Council Meeting, and Marble Development Group etc.  The unit plays a vital role in providing inputs for decision making for interpretation  of provisions/technical interpretation/ review of different provisions in Indian Mining Acts / Rules and Regulations, reviews of rents, royalties, mineral rights, tax, export ceiling for iron ore, chromite and manganese ore, export duty, minimum wages and social security benefits for employment in mining and trade policy on mineral commodities.  This is a sensitive activity for the government to take prompt, sound and reasonable decision making on the diverse mineral related issues coming up from time to time.

Under Section (1) of Bulletin on Mineral Information(BMI) various abstracts pertaining to decisions of the Supreme Court / High courts on cases relating to Indian Mineral Legislation/ Laws and changes in trade policy, customs duties, etc. are documented.  These are documented from gazettes, trade journals, etc and published in the half yearly Bulletin on Mineral Information.  This dissemination helps mineral industry in better understanding the implication of various decisions viz. existing mineral legislation.  This unit has an important role in the formulations of as well offering suggestions for amendments of the parent/ principle Acts & Rules made thereunder.  

To initiate the non legislative measures as enumerated in the National Mineral Policy, 2008 and in pursuance to the deliberation held in the 15th Meeting of the Advisory Board of IBM on 7th August, 2009 a Working Group to suggest incentives to be given to mine operators to promote adoption of mechanization, computerization, automation and technology changes has been constituted.  The report of Working Group has been submitted to Ministry of Mines.

Central Library

IBM’s library at the headquarters has rich collection of books, journals, published and unpublished reports of ZIBM and GSI, Annual Reports of various Ministries, organizations, Industrial houses, etc. mainly connected with mining and allied subjects. Total collection of publications as on 31.3.2010 was 78,000 while the number of periodicals received on the subscription as well as exchange/ complimentary basis was   175 including 30 foreign periodicals. For the benefit of the users, library compiles subject wise bibliographies, which have been computerized. Besides, it helps readers by providing Xeroxing services and information of reference enquiries. Please click here for Library Regulations.

Publication Section

The Publication Section is an important wing of IBM that publishes Technical Publications and undertakes the works of dissemination of information for the Bureau to all external Academic, Scientific and Government bodies. Located at IBM’s Headquarters, the Publication Section is a composite organ that comprises Editorial, DTP, Production, Printing Press, Binding and Sales & Distribution Units.  All technical publications at IBM are routed through definitive stages of publication process from editorial scrutiny, formatting & composing, production & platemaking, to the final stage of printing & binding, which are undertaken under the single roof of Publication Section, before being finally released for distribution.  

An approximate total of 30 publications including IBM’s flagship publication “Indian Minerals Yearbook” are brought out every year and the total quantum of page impressions printed & produced at Publication Section runs to an approximate of 11 lakhs every year.

As part of its regular feature and being the sole dissemination channel of the Bureau, the Publication Section handles complimentary distribution & sales work of all publications.  It maintains a vast assemblage of mailing addresses and establishes regular communications with all interested end-users of IBM publications.  A total of 3000 complimentary copies of IBM publications get distributed to an approximate 200 enlisted addresses (Indian & Foreign) in the Mailing List every year and an approximate of Rs. 7 lakhs gets generated as sales revenue every year. 

     

  FOR FURTHER DETAILS PLEASE CONTACT

Chief Mineral Economist

3 rd   Floor, Block 'D',

Indira Bhavan, Civil Lines,

Nagpur-440001
India

Telephone No. 91-712 - 2565471

Fax No.91-712 - 2565471

email : cme@ibm.gov.in  

You are Visitor No: 2021779 Last Updated On: 25/07/2017