Section 46 in Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016
46. Average sale price in respect of run-of-mine.
(1)Based on such geological studies as may be deemed to be necessary and the data/information furnished in the Mining Plan by the lessee, the Indian Bureau of Mines shall establish the average percentages of lumps and fines present in run-of-mine for a State. Such average percentage of lumps and fines may be revised by Indian Bureau of Mines as and when found necessary.(2)The Indian Bureau of Mines shall publish the data sources and methodology used for arriving at such average percentages in respect of any mineral.(3)Using the average percentage of lumps and fines and the average sale prices of lumps and fines of that mineral grade for the month, the Indian Bureau of Mines shall publish the average sale price of all grades of run-of-mine, wherever required, for each State every month.
