The government of Goa has announced that a 22% premium will be imposed on the price fixed by IBM for erstwhile mining leaseholders. This decision comes as a response to the Supreme Court’s order to auction the mining leases in the state. The premium will be applicable to the sale of extracted ore lying at different sites. The move aims to maximize revenue for the state government from the mining sector. The decision has been met with mixed reactions from the mining industry in Goa. While some believe it will help in increasing government revenue, others argue that it may further impact the already struggling mining sector. The mining industry in Goa has faced several challenges in recent years, including issues related to environmental regulations and legal disputes. The government’s decision to impose a premium on the price fixed by IBM is seen as a way to address some of these challenges. It remains to be seen how this move will impact the mining sector in Goa and what the implications will be for erstwhile mining leaseholders.