(2) A prospecting licence shall, if the State Government is satisfied that a longer period is required to enable the licensee to complete prospecting operations be renewed for such period or periods as that Government may specify:
Provided that the total period for which a prospecting licence is granted does not exceed five years:
Provided further that no prospecting licence granted in respect of 3[a mineral included in Part A and Part B to] the First Schedule shall be renewed except with the previous approval of the Central Government.]
Source footnotes
1. Subs. by Act 25 of 1994, s. 4, for section 7 (w.e.f. 25-1-1994).2. Subs. by Act 38 of 1999, s. 9, for "a prospecting licence" (w.e.f. 18-12-1999).
3. Subs. by s. 9, ibid., for "a mineral included in" (w.e.f. 18-12-1999).
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Declaration as to expediency of Union Control.Section 3 · Definitions.Section 4 · Prospecting or mining operations to be under licence or lease.Section 4A · Termination of prospecting licences, exploration licences or mining leases.Section 4B · Conditions for efficiency in production.Section 5 · Restrictions on the grant of mineral concession.Section 6 · Maximum area for which mineral concession may be granted.India Code, Government of India. Text fetched 25 Oct 2026. Source metadata reports last modification: 2025-09-26. Check the linked official text and subsequent notifications when applying a provision.