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Core Purpose

The Central Government notifies M/s Wattfin Ventures Private Limited as a “Category 'A' Exploration Agency” for carrying out prospecting operations under the Mines and Minerals (Development and Regulation) Act, 1957.

Detailed Summary

This notification, S.O. 2402(E), issued by the Ministry of Mines on May 12, 2026, formalizes the designation of M/s Wattfin Ventures Private Limited as a “Category 'A' Exploration Agency”. This action is taken by the Central Government in exercise of the powers conferred by the second proviso to sub-section (1) of section 4 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957). As a designated agency, M/s Wattfin Ventures Private Limited is authorized to conduct prospecting operations, adhering to the conditions specified in the guidelines for accredited private exploration agencies. These guidelines were previously issued by the Government of India, Ministry of Mines, through order number M.VI-16/15/2021-Mines VI, dated August 12, 2021. The notification becomes effective from its publication date in the Official Gazette and will remain valid for a period of five years from that date or until the expiry or termination of the granted accreditation, whichever event occurs first.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-14052026-272556 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2310] NEW DELHI, TUESDAY, MAY 12, 2026/VAISAKHA 22, 1948 MINISTRY OF MINES NOTIFICATION New Delhi, the 12th May, 2026 S.O. 2402(E).— In exercise of the powers conferred by the second proviso to sub-section (1) of section 4 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), the Central Government hereby notifies M/s Wattfin Ventures Private Limited under “Category 'A' Exploration Agency”, which shall carry out prospecting operations in compliance with the conditions specified as per the guidelines for notification of accredited private exploration agencies issued by the Government of India, Ministry of Mines, vide order number M.VI-16/15/2021-Mines VI, dated the 12th August, 2021. 2. This notification shall come into force from the date of its publication in the Official Gazette and shall remain in force for a period of five years from the date of such notification or till the expiry or termination of the accreditation granted, whichever is earlier. [F. No. M.VI-16/22/2022-Mines VI] KULVEER SINGH YADAV, Jt. Secy.

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