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Block Name: M/s Bharath Mines and Minerals, ML No. 2245

Blockcode:
KA29
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Description:
Auctioned successfully
Block Status:
Allocated
Tender Number:
20181005103541
Auction Number:
20181005104530
Preferred Bidder:
Kirloskar Ferrous Industries Ltd
Tender Entry Date:
05-10-2018
Tender Number:
20181005103541
Preferred Bidder:
Kirloskar Ferrous Industries Ltd
E-Auction Number:
20181005104530
Block Name:
M/s Bharath Mines and Minerals, ML No. 2245
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
7.58 Million Tonne
Net Avg IBM Price:
Rs. 1007.29 Cr
Total Estimated Royalty:
Rs. 0 Cr
Total Estimated DMF:
Rs. 0 Cr
Total Estimated NMET:
Rs. 0 Cr
Value of Estimated Resources:
Rs. 0 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 0 Cr
Thickness of mineral:
Not Specified
Total Area:
24.47 Hectares
Mineralized Area:
18.4 Hectares
Non-Mineralized Area:
6.07 Hectares
Forest Land:
24.47 Hectares
Government Land:
0 Hectares
Private Land:
0 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:

Total Station & DGPS Agency:
Not Specified
GR Preparation & Digitization Agency:
Not Specified
Cost of Tender Document:
0 Lakh
Transaction Advisor:
Not Specified
Auction Platform Provider:
Not Specified
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
Not Specified
Start Date for Sale of Tender Document:
Not Specified
Last Date for Sale of Tender Document:
12-03-2018
Last Date of Submission:
21-03-2018
No. of tender Documents Bought:
Initial Bid Opening Date:
Not Specified
Announcement of technically qualified bidders:
Not Specified
Reserve Price:
35 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
Below 55% Fe
Mineral Unit:
Tonne
DMF:
Rs. 0 Cr (For 50 Years)
NMET:
Rs. 0 Cr (For 50 Years)
Mineral Estimation Reserve:
7.577 Million Tonne
Mineral Ibm Price:
Rs. /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 0 Cr (For 50 Years)
E-Auction Date:
03-09-2018
Preferred Bidder:
Kirloskar Ferrous Industries Ltd
Reserve Price:
35 %
Block Name:
M/s Bharath Mines and Minerals, ML No. 2245
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
51.2 %
BID Price:
55.5 %
Total Revenue :
Rs. 551.82 Cr
Additional Contribution Through Auction:
Rs. 423.59 Cr