Mumbai | Jul 14, 2015:
Adhunik Metaliks Ltd has announced on Tuesday that Orissa Manganese & Minerals Limited (OMML), wholly owned subsidiary of the Company, have been granted extension of lease for their three manganese ore mines (Patmunda, Orahuri & Kusumudhi) till March 31, 2020 under merchant category. The requisite stamp duty and registration charges have already been deposited to the State Government of Odisha.
Patmunda mine has already re-started operation. OMML has requested the Government to extent the lease of these mines for further 10 years under captive clause.
(Source: http://www.indiainfoline.com/)