New mining law after 4 decades proposes fines of up to Rs 10 million

• The government is preparing to amend the Mines and Minerals Act to impose fines of up to Rs 10 million on anyone who explores or extracts minerals without obtaining a licence.
• The government is moving to amend the Mines and Minerals Act after four decades.
• The Mines and Minerals Bill formulated to amend and consolidate...