{"id":11321,"date":"2024-06-14T14:59:48","date_gmt":"2024-06-14T14:59:48","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=11321"},"modified":"2024-06-14T14:59:48","modified_gmt":"2024-06-14T14:59:48","slug":"jsw-is-1st-steel-company-to-bag-goa-mineral-block","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/jsw-is-1st-steel-company-to-bag-goa-mineral-block\/","title":{"rendered":"JSW is 1st steel company to bag Goa mineral block"},"content":{"rendered":"<p>Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> sale price set by theIndian Bureau of Mines(IBM). JSW has become the first steel company to bag a mineral block in Goa.<br \/> Earlier, the lease was run by Fomento. Sources said that during the auction,Fomentoand JSW aggressively bid for the block. The sources said Fomento wants to retain its leases which are spread across 35 hectares of land.<\/p>\n<p>The auction for five mineral blocks that started on Friday saw Fomento bag theAdvalpale-Tivim blockwith <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> the highest premium of 58.8% of the average sale price set by IBM.<\/p>\n<p>The  has identified seven mineral blocks in <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> South Goa to auction in the third round, likely to be held next month. South Goas mining leases will be put up for auctions to boost the <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a> in the mining belts of Curchorem, Sanvordem, Sanguem, and Quepem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the Average sale price set by theIndian Subscribe on YouTube Bureau of Mines(IBM). JSW has become the first steel company to bag a mineral block in Goa. Earlier, the lease was &#8230; <a title=\"JSW is 1st steel company to bag Goa mineral block\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/jsw-is-1st-steel-company-to-bag-goa-mineral-block\/\">Read more <span class=\"screen-reader-text\">JSW is 1st steel company to bag Goa mineral block<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1095],"tags":[916],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JSW is 1st steel company to bag Goa mineral block - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/jsw-is-1st-steel-company-to-bag-goa-mineral-block\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JSW is 1st steel company to bag Goa mineral block\" \/>\n<meta property=\"og:description\" content=\"Jindal Steel Works(JSW), one of the biggest steel companies in India, has bagged the Cudnem-Cormolem mineral block with the highest premium of 96.6% of the Average sale price set by theIndian Bureau of Mines(IBM). JSW has become the first Subscribe on YouTube steel company to bag a mineral block in Goa. Earlier, the lease was ... 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JSW has become the first Subscribe on YouTube steel company to bag a mineral block in Goa. Earlier, the lease was ... 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