Indian Bureau of Mines (IBM)

  • IBM was set up by Central Government in March, 1948 under Ministry of Works, Mines and Power (now Ministry of Mines).
  • It is multi-disciplinary government organisation engaged in promotion of conservation, scientific development of mineral resources and protection of environment in minesĀ other than coal, atomic minerals, petroleum & natural gas and minor minerals.
  • It is headquartered at Nagpur, Maharashtra.
  • It is primarily advisory body to help in formulation of policy and legal framework for mining sector and advising Central and State Governments on development and utilization of mineral resources.
  • It helps states in preparation of auction blocks, publishing of average sale price, assisting in post auction monitoring and approval process.

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