Miners seek 10-year extension for Indian mining leases expiring next year

Fearing delays in holding fresh auctions of 288 mining leases slated to expire in March next year, the Indian mining industry has sought a ten-year extension of leases for these mines until 2030. The Federation of Indian Mineral Industries, in a presentation to the government, has said that the industry is staring at a crisis, as fresh auctions for the expiring mining leases before the March 2020 deadline seem a distinct possibility.