CURRENT AFFAIRS

Detailed explanation-1: -The Memorandum of Understanding (MoU) was signed in New Delhi on April 12, 2018 after the bilateral discussions between Mines Minister Narendra Singh Tomar and his counterpart Aziz Rabbah of Morocco.

Detailed explanation-2: -Exploration is a range of activities to help determine if there are minerals under the ground. If the exploration process identifies minerals can be commercially extracted, then mining in the future may be possible. Less than one per cent of exploration projects typically progress to establishing a mine.

Detailed explanation-3: -The equity is fully held by Govt. of India. MECL’s registered office and Corporate Headquarter is at Nagpur, Maharashtra from where it manages the functioning of projects, the main production centres.

Detailed explanation-4: -Mineral exploration is the search for materials in the earth’s crust that appear in high enough concentrations and amounts to be extracted and processed for profit. Mineral exploration covers a wide range of objectives and activities that begin with the selection of a target area.