Andhra Pradesh to issue global tender for barite mining following cancellation of licences
Published: Friday, 05 December 2014
After the Indian state failed to award fresh contracts to mine its barite reserves in June, the industry has been in a state of confusion and suspense. The decision to cancel existing licences and conduct an anti-corruption enquiry into their allocation could mark the beginning of greater foreign competition and transparency in the sector, with no new barite mining expected before February 2015.
The government of Andhra Pradesh in India
has cancelled 32 barite (barytes)
mining leases issued in Mangampeta, Kadapa district in 2004 and
launched an anti-corruption enquiry into their allocation,
according to local media sources.
The state government took the decision to cancel...