Mining baron Anil Agarwal's Cairn India won a third of its total haul of 41 oil blocks in India's maiden bid round under open acreage licensing policy by committing a miniscule exploration program whose non-fulfilment will attract less than Rs 1 crore penalty, according to bid information available with DGH.
The Russian geological holding Rosgeo and the Geological Service of Iran signed a geological program to a contract on offshore exploration in the Iranian part of the Caspian Sea and an agreement of intent to perform aerial geophysical studies in Iran.
Iranian Mines & Mining Industries Development & Renovation Organization has invested $30 million since mid-March 2015 in mine exploration activities across the country, IMIDRO exploration director said.
The issue of space and its exploration barely make a strong showing in presidential campaigns in the United States, yet the US Planetary Society is keeping a track of where the candidates stand on the subject for space lovers.
Iran plans mining exploration over 240,000 square kilometers across 12 provinces in the biggest development attempt seen in the sector, said Deputy Industries, Mines and Trade Minister Mehdi Karbasian.