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copper

Buyers and sellers of ore to register with Indian Bureau of Mines(IBM)

Indian Bureau of Mines has made it compulsory to register buyers and sellers of ores. This is to stop illegal mining activities. This new rule will ease burden of IBM in stopping illegal activities.

IBM has imposed the rule so that mine holders can sell their ore only to registered buyers. IBM will give priority to monitor the iron ore movement and later cover other minerals like copper, zinc and lead.