NMDC set to call for EoI for appointment of consultant for mining license

: State-owned NMDC Limited has said it is taking the first step for obtaining a Mining License (ML) to start operations at a gold mine in Andhra Pradesh.

NMDC takes the first step for obtaining Mining Lease & executing the ML deed to start the mining operations at Chigargunta-Bisanatham Gold Mine Block in Chittoor District, Andhra Pradesh, NMDC tweeted on Monday.

NMDC's Chairman and Managing Director Sumit Deb in a tweet said the miner strikes gold with the Gold Mine block as it is a first of its kind for the company in terms of leveraging its expertise for a multi-mineral outlook and underground mining operations as well.

NMDC sources said the firm is in the process of calling Expression of Interest for appointment of a Consultant for obtaining Mining Lease and Mining Deed.

Once the appointment of a Consultant is done, then within six months mine plan and other details for the ML will be submitted to the authorities based on which ML will be granted. It may take about 12 months,