Centre cancels 11 critical mineral blocks in 4th round amid poor response

Q: How long will it take to read this news story?

The story "Centre cancels 11 critical mineral blocks in 4th round amid poor response" has 498 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Centre cancels 11 critical mineral blocks in 4th round amid poor response" was covered 5 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 198 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24724366</li><li>URL: https://beamstart.com/news/centre-cancels-11-critical-mineral-17354851895700</li></ul>

Business Standard Logo Business Standard 5d ago

Centre cancels 11 critical mineral blocks in 4th round amid poor response - Business Standard

Quick Summary:

The two blocks were successfully auctioned in the second round, lifting the total number of auctioned blocks to 10.

Under the United Nations Framework for Classification of Resources, mineral exploration follows four stages: G4 (reconnaissance), G3 (prospecting), G2 (general exploration), and G1 (detailed exploration).

While the first round mandates at least three qualified bidders to advance to the financial bids stage, the second round permits progress with just one.