class="MsoNormal" style="text-align: justify;">The Ministry of Mines on April 08, 2021 has issued the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Amendment) Rules, 2021 to further amend the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016.
The following amendments have been made in Rule 44, after clause (i), the following proviso has been inserted, namely:—
“Provided that in respect of metals for which London Metal Exchange does not publish the daily settlement price, the monthly average price for that metal published by London Metal Exchange shall be multiplied by monthly average of reference rate for the currency in which the price is obtained.”
[Notification No. G.S.R. 254(E)]
