Schedule-V: Information Memorandum/ Mine Block Summery Part A - General Information about Mineral Block Sl No Features Details 1 Location a Name of the mine Malagolla Iron Ore Mine b c d Name of the erstwhile lessee and Mine Lease(M.L.) Number Latitude-Longitude Co-ordinates of Corner Points as per Total Station Hothur Traders, ML. No. 2313 (also referred to as M/s.Hothur Traders, M/s Hothur Traders mines owners and exports, Hotur Traders in various records) Between Longitudes 76⁰34 31.63 and 76⁰34 09.50 and Latitudes 15⁰00 55.37 and 15⁰00 54.31. A =(3764.998),(2036.219) B =(3982.734),(2378.812) C =(4425.833),(2073.444) D =(4202.633),(1737.262) e Latitude, Longitude of Corner Points as per DGPS HT-A=(N15 00'54.261"),(E76 34'09.504") HT-B=(N15 01'05.362"),(E76 34'16.861") HT-C=(N15 00'55.334"),(E76 34'31.621") HT-D=(N15 00'44.442"),(E76 34'24.082") f Village Malgolla g Tehsil/ Taluka Sandur h District Bellary i State Karnataka 2 Area (hectares/square kilometres) a Total area in Ha. 21.61 b Mineralised Area in Ha. 6.7722 Information Memorandum/ Mine Block Summery Page 1
c Non-mineralised Area in Ha. Including non-approachable area 3 Exploration a Status (G1/G2/G3/G4 etc.) 14.84 G1 level as per Minerals (Evidence of Mineral Contents) Rules, 2015. b Exploration Agency MECL c Total Number of Boreholes (Core + RC) 14 Nos (03+11) d Total Meterage of drill 644 metre e Borehole Spacing (Grid pattern) in metres 100 X 100 f Current R.L.Of the Mine (Highest & Lowest) 1056.90 metre & 913.5 metre 4 Quantity of Minerals (Grade-wise) a Iron Ore Avg Fe content 54.41 % Others (if any)-1 Laterite Others (if any)-2 Shale bands, Ferruginous Clay b Total Geological Resources of Iron Ore 10.026 Million Metric Tonnes c Value of Estimated resources of the Concession area in Indian Rupees 11139633539.00 5 Mineralised Zones a Number of Mineral Zones Please refer Geological Report b Nature of Ore c Trend (Dip and Strike) NNW-SSE d Avg. Strike Length 533.00 metre e Avg. Width 304.00 metre f Avg. Depth 17.90 metre i) Lateritic ore, Haematitic ore, Limonitic ore, Shaly ore,blue dust and Siliceous ore. ii) Waste type / OB / IB Laterite, Shale, Ferruginous Shale and BHQ. Information Memorandum/ Mine Block Summery Page 2
g Intercalation Laterite, Shale bands, Ferruginous Clay h Specific Gravity of Ore 3.5 i Approximate cost of R&R as per Provisional R&R Plan (in Lacs) 75 6 Accessibility a Road 20 km from Sandur town which can be approached from Bellary, Hospet, Donimalai and from Toranagallu railway station. b Nearest Rail Head Yaswant nagar Railway siding c Airport Hubli 7 Hydrography a Local Surface Drainage Pattern (Channels) Dendrtic drainage pattern b Rivers/Streams Tungabhadra c Depth of water level 7.83 metre 8 Climate a Mean Annual Rainfall 40 to 80 cm b Temperatures (December) 21⁰ to 26⁰ c Temperatures (June) 24⁰ to 29⁰ 9 Topography Undulating topography a Topo Sheet Number 57A/12 b Morphology of the Area Hilly terrain Part B - Particulars of Clearances, Consents, Concessions and Consents related to Mining Operation Sl No Particulars 1 Forest clearance for leased area 2 Wild life clearance (sanctuary, reserve or special zone clearances) Details/Status F No. 8-85/99-FC dated 21.09.2000 from MoEF (FC division), Government of India for 32.38 Ha. Not applicable Information Memorandum/ Mine Block Summery Page 3
3 Environmental clearance (EC) 4 Approval of Mine Plan from IBM 5 Consent for establish (CFE) 6 Consent for Operate (CFO) 7 Permission for mine opening 8 9 Permission of installation/ trial operation of equipment. Ground water clearance (Centre/State) 10 Railway siding approval 11 Approval for diesel storage 12 Power line from State Discom 13 Clearances relating to work under an existing transmission line or shifting of the transmission line 14 Grama Sabha consent 15 Others (if any) J-11015/39/2003/-IA.II (M) by MoEF, Government of India dated 06.07.2004 for 0.8 Million Metric Tonnes per annum. bidder from IBM bidder from KSPCB bidder from KSPCB bidder from competent authority, if applicable. bidder from competent authority, if applicable. bidder from competent authority, if applicable. Information Memorandum/ Mine Block Summery Page 4
Part C - Particulars of Land Sl No Area Details 1 Total Concession Area 21.61 Ha. 2 Forest Land with Status 21.61 ha in Kumarswamy range 3 Government Land with Status Not applicable 4 Private land with Status Not applicable 5 Revenue survey details of the area Not applicable 1 2 Part D - Other details Particulars Geological report of the Concession Area Provisional R&R Plan of the Concession Area 3 Precise map of the Concession Area Details To be provided along-with the mine specific Tender Document To be provided along-with the mine specific Tender Document Information Memorandum/ Mine Block Summery Page 5
S. No. Part E - Additional Tender Document conditions Clause No. Provision 1 3.7 2 3.8 Tender Document Tender Document 3 Clause 13.15 Tender Document New Clause New Clause New Clause Full or partial prohibition of mining activity. The Concession Area is within 1 (one) km of Archaeological Survey of India ( ASI ) protected monument, Sri Kumaraswamy Temple and Sri Parvathi Temple. Reference is made to the judgment of the Supreme Court in K Guruprasad Rao v State of Karnataka, Civil Appeal No. 4823 of 2013, where the Supreme Court, with a view to protect the monuments in Karnataka, instructed a Committee appointed by the Supreme Court to undertake assessment of the impact of mining near protected monuments in Karnataka. Upon receipt of an assessment report of the impact of mining by the aforesaid committee, the State Government may become obligated to prohibit mining operations in the whole or part of the Concession Area. (1) Prohibition of Mining in the Entire Concession Area: In the event the State Government decides, upon consideration of the report of the Committee, to prohibit mining operations in the entire Concession Area, the State Government shall, without incurring any obligation or liability, cancel the tender and bidding process in respect of the Concession Area. In such event: a. The bid process shall stand annulled; b. The Bid Security, if received, shall be returned; c. Any portion of the Upfront Payment received shall be returned, after adjustment in accordance with Clause 12.1 (if applicable); d. The Performance Security, if received shall be returned; e. Subject to Successful Bidder furnishing suitable supporting materials certified by its statutory auditors, any expenditure incurred by the Successful Bidder on implementation of the R&R Plan shall be Information Memorandum/ Mine Block Summery Page 6
reimbursed by the State Government to the Successful Bidder at actuals. f. Any consents, approvals, permits, no-objections and the like including the Mining Lease and any existing statutory approvals/ clearances transferred in favour of the Successful Bidder, shall lapse; and g. The MDPA, if executed, shall be immediately terminated. The amounts to be returned to the Bidders, the Preferred Bidders and/ or the Successful Bidder, as the case may be, shall be returned within 30 (thirty) days of the decision to cancel/ annul the bid process, or terminate the MDPA, as the case may be. (2) Prohibition of Mining in a Portion of the Concession Area: In the event that the State Government upon consideration of the report of the Committee decides to prohibit mining in only a part of the Concession Area, the following steps shall be undertaken by the State Government (in each case, without incurring any obligation or liability), as per the timing of the said decision: Timing of the decision of the State Government At any time before declaration of Preferred Bidder Steps undertaken The bid process shall stand annulled. The Bid Security, if received, shall be returned. The State Government may (at its sole discretion), thereafter start a fresh bidding process in respect of the revised Concession Area. After declaration of Preferred Bidder but before declaration of Successful Bidder The Concession Area shall be revised in accordance with the decision of the State Government. If the Preferred Bidder wishes to Information Memorandum/ Mine Block Summery Page 7
revise his Final Price Offer, then the bid process will be annulled and the State Government shall cancel the letter of intent, return the Bid Security and return the first instalment of the Upfront Payment, if received, to the Preferred Bidder. The State Government may (at its sole discretion), thereafter starts a fresh bidding process in respect of the revised Concession Area. At any time after Declaration of Successful Bidder The Concession Area shall be revised in accordance with the decision of the State Government. If the Successful Bidder is unwilling to carry out the operations or wishes to revise his Final Price Offer, then: a. Any portion of the Upfront Payment received shall be returned after adjustment in accordance with Clause 12.1 (if applicable); b. The Performance Security, if received shall be returned; c. Subject to Successful Bidder furnishing suitable supporting materials certified by its statutory auditors, any expenditure incurred by the Successful Bidder on implementation of the R&R Plan shall be reimbursed by the State Government to the Successful Bidder at actuals. d. Any consents, approvals, permits, no-objections and the like including the Mining Lease and any existing Information Memorandum/ Mine Block Summery Page 8
statutory approvals/ clearances transferred in favour of the Successful Bidder, shall lapse; and e. The MDPA, if executed, shall be immediately terminated and the State Government may (at its sole discretion), thereafter start a fresh bidding process in respect of the revised Concession Area 4 Clause 18.4 MDPA New Clause Full or partial prohibition of mining activity. (a) Parties understand that the Lease Area is within 1 (one) km of Archaeological Survey of India ( ASI ) protected monument, Sri Kumaraswamy Temple and Sri Parvathi Temple. Reference is made to the judgment of the Supreme Court in K Guruprasad Rao v State of Karnataka, Civil Appeal No. 4823 of 2013, where the Supreme Court, with a view to protect the monuments in Karnataka, instructed a Committee appointed by the Supreme Court to undertake assessment of the impact of mining near protected monuments in Karnataka. (b) Parties expressly acknowledge that upon receipt of an assessment report of the impact of mining by the aforesaid committee, the State Government may become obligated to prohibit mining operations in the whole or part of the Lease Area. (c) Prohibition of Mining in the Entire Lease Area: In the event that the State Government, upon consideration of the said report, decides to prohibit mining operations in the entire Lease Area, then: i. Any portion of the Upfront Payment received shall be returned, after adjustment in accordance with Clause 7.1.3 (if applicable); ii. The Performance Security shall be returned; iii. Subject to Successful Bidder furnishing Information Memorandum/ Mine Block Summery Page 9
suitable supporting materials certified by its statutory auditors, any expenditure incurred by the Successful Bidder on implementation of the R&R Plan shall be reimbursed by the State Government to the Successful Bidder at actuals. iv. Any consents, approvals, permits, noobjections and the like including the Mining Lease and any existing statutory approvals/ clearances transferred in favour of the Successful Bidder, shall lapse; and v. This Agreement shall be immediately terminated. The amounts to be returned to the Successful Bidder shall be returned within 30 (thirty) days of the decision to terminate this Agreement. (d) Prohibition of Mining in a Portion of the Lease Area: In the event that the State Government, upon consideration of the said report, decides to prohibit mining in only a part of the Lease Area and if the Successful Bidder is unwilling to carry out the operations, then: i. Any portion of the Upfront Payment received shall be returned, after adjustment in accordance with Clause 7.1.3 (if applicable); ii. The Performance Security shall be returned; iii. Subject to Successful Bidder furnishing suitable supporting materials certified by its statutory auditors, any expenditure incurred by the Successful Bidder on implementation of the R&R Plan shall be reimbursed by the State Government to the Successful Bidder at actuals. iv. Any consents, approvals, permits, noobjections and the like including the Mining Lease and any existing statutory approvals/ clearances transferred in favour of the Information Memorandum/ Mine Block Summery Page 10
Successful Bidder, shall lapse; and v. This Agreement shall be immediately terminated. The amounts to be returned to the Successful Bidder shall be returned within 30 (thirty) days of the decision to terminate this Agreement. Information Memorandum/ Mine Block Summery Page 11