8th April, 2003
Ministry of Mines  


AIR SURVEY FOR MINERAL EXPLORATION


LOK SABHA

Airborne Geophysical Surveys in the country are carried out as an aid to mineral exploration and related geological studies. To boost the exploration and subsequent extraction of minerals, 174 reconnaissance permits (RP) and prospecting licenses (PL) covering a large area of nearly 2.4 lakh sq.kms. have been granted in various parts of the country. RP/PL have been granted for aerial survey to Indian companies namely National Mineral Development Corporation, Hindustan Zinc Ltd. and Hutti Gold Mines. Ltd.

In consonance with the policy of opening up of the mineral sector and subsequent speedy exploration of minerals in the country, exploration work of minerals has been assigned to some of the subsidiaries of the foreign companies registered in India under the Companies Act. They are M/s Metmin Finance & Holding Co.Ltd., M/s BHP Minerals (India) Pvt. Ltd., M/s. Inglewood Minerals (P) Ltd., M/s.WSIL Minerals Sands India Pvt. Ltd., M/s Geomysore Services India Pvt. Ltd., Phelps Dodge Exploration India Pvt. Ltd., M/s. De Beers India Surveys Pvt. Ltd., M/s. De Beers India Prospecting Pvt. Ltd., M/s. Diamond Prospecting Pvt. Ltd., and M/s. De Beers India Minerals Pvt. Ltd.

This information was given by the Minister for Mines Shri Ramesh Bais in a written reply in the Lok Sabha today.