b) If the tenant does not apply for an exploration licence or mineral lease within six months, the applicant will be notified by the provincial government and the provincial government will review the initial application in accordance with the rules. The Department of Coal amended the Mining Concessions Regulations 1960 (MCR) to decriminalize its provisions. MCR regulates the application and issuance of mining concessions such as exploration permits, exploration permits and mining leases. These concessions are prerequisites for mine development and operationalization, which require multiple compliance requirements from companies. 4. If, prior to the issuance or renewal of this licence, the licensee(s) apply/apply for the grant of a mining lease in respect of all or part of the land, the period of the permit shall be extended to that part of the land [until its application for a mining lease is deemed to have been rejected in accordance with subsection (1) or subsection (3); where applicable, Rule 24 of the Mining Concessions Regulations, 1960 or any other applicable law]. No fees are payable for such a long period. The amount will not bear interest under any circumstances. [(5) If the tenant fails to pay the licence fee in accordance with section 9 or the unpaid rent in accordance with section 9-A or fails to comply with any of the conditions referred to in subsections (1), (2) and (3), other than the condition referred to in clause (f) of subsection (1), the provincial government shall notify the tenant of the fact Ask the tenant to pay the royalty or dead rent or remedy. the violation, if any, within sixty days of receipt of the notice, and if the unpaid royalty or rent is not paid or if the violation is not cured within that period, the provincial government may, without prejudice to any other proceeding that may be instituted against it, determine the lease and withhold all or part of the deposit.] The Coal Ministry announced Thursday that it had amended the 1960 Mining Concession Rules (MCR) to decriminalize its provisions. (2) If the licensee or licensee wishes to acquire a new licence for the premises sold herewith or for parts thereof for an additional period from the end of the term granted herein and if the licensee is otherwise entitled thereto, the licensee or licensee shall apply to the provincial government for an extension at least before the end of the licence term in accordance with these appropriate conditions. and pay the rents and license fees reserved herein. to comply with and perform by the Licensee(s) the various agreements and understandings contained herein, which shall be observed and executed upon expiration of the term granted hereunder.
Upon receipt of the application for renewal, the State Government shall review it in accordance with the relevant sections of the Act and the relevant rules of the Mining Concessions Regulations, 1960 and issue such orders as it deems appropriate. If the extension is granted, the provincial government will, at the licensee`s expense and after execution and delivery to the provincial government, if necessary, its counterpart, renew the licence of the secure premises or any part thereof for a further term of . The years at such royalties and conditions and subject to such rates and royalties and these Conditions and subject to such agreements and arrangements, including this Agreement, shall be renewed and shall apply in accordance with the Mining Concession Rules of 1960. (names of minerals) the day after the expiration of the period granted herein. (12) The holder of a permit is bound by the rules made by the central government in accordance with section 18 of the Act and shall not engage in any exploration, prospecting or other work other than those prescribed by those rules under the permit. (viii) The transferee further declares that, as a result of the transfer, the entire area subject to mining concessions does not violate section 6 of the Mines and Minerals (Regulation and Development) Act 1957 or Rule 35 of the Mining Concessions Rules 1960. (5) In any event, if State Government orders are revised, revised or revoked by the Central Government in proceedings under Chapter VII of the Mining Concessions Regulations, 1960, the licensee shall not be entitled to compensation for losses incurred by the licensee or licensees in the exercise of the powers and privileges conferred on them by such gifts. (Company Name) a company registered under ……………… (Founding Act) and having its registered office in………. (Address) (hereinafter referred to as “Licensee”, under which, if the context permits, the term shall be deemed to be its successors and permitted assigns) of the other party. (xiii) if the applicant intends to supervise the work, his or her previous experience in reconnaissance, prospecting or mining activities must be disclosed; If the director intends to appoint a director, the director`s name, qualifications, nature and extent of previous experience must be indicated and the letter of support must be attached. (c) If maps of Cadestral or forest maps are not available, the area should be marked on a full-scale plan containing on that plane all major surface and natural features, the dimensions of the lines forming the boundary of the area and the orientation and distance of all vertices of important points or points, prominent and fixed.