Reddy launches pan-India portal to gather information on DMFs
Minister of Coal and Mines G. Kishan Reddy has launched Mineral Exploration Hackathon to promote use of emerging technologies like Artificial Intelligence (AI) openai and Machine Learning (ML) for geophysical data, integration of multiple mineral exploration data sets such as baseline data, available exploration data, etc, to identify new Mineral targets, particularly for deep seated and concealed ore bodies.
Reddy released publication on “Glimpse of Geology and Mineral Resources, Telangana” and “Minerals in Telengana- Spotlights” in Hyderabad on 20 July. These publications are focused on the geological set up of the State of Telangana, along with the mineral potential of the State mmmm-expo .
He also handed over certificates to 8 Preferred Bidders of the second and third tranche of the e-auction of Critical and Strategic Mineral Blocks mines .
Also launched during the event was the National District Mineral Foundation (DMF) Portal which is to gather the information on the District Mineral Foundations across the country nse.
The aim for launching this portal is to facilitate the access to the DMF data and track the developments and utilizations thereunder. This portal provides details of 645 DMFs in the country with enhanced transparency, featuring centralized visibility of activities, project oversight, and dynamic analytics, as well as a repository of best practices for effective implementation bse .
The event was followed by a Roadshow regarding the Tranche IV of the e-auction of Critical and Strategic Mineral Blocks, commenced vide NIT dated 24 June 2024. The purpose of this roadshow is to increase industry engagement and to make the potential bidders familiarize with the e-auction process being conducted by Ministry of Mines ausimm .
The roadshow featured detailed presentations regarding the particulars of e-auction process by Transaction Advisor SBI Capital Markets Ltd sbicaps , guidelines for usage of e-auction platform by e-auction portal provider MSTC, and the technical details of the 21 critical & strategic mineral blocks by Technical Advisor Mineral Exploration and Consultancy Ltd, said the Ministry of Mines. Fiinews.com
