The government will put on sale around 20 critical mineral blocks by the end of June, according to the mines secretary. The auction process for the first round is almost complete, and the results will be declared soon. Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are in high demand for clean energy technologies. The government has undertaken exploration for many critical mineral blocks, and they are now available for auction. The government is also planning to auction offshore mines in the coming months. Read more for details.
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The last residence of fashion designer Karl Lagerfeld, a luxurious 8-room apartment in Paris, was sold at auction for 10 million euros ($10.8 million). The apartment, which Lagerfeld shared with his beloved cat Choupette, attracted more than 50 attendees and saw a bidding standoff between two parties. The proceeds of the sale will go to Lagerfeld’s estate, which will be distributed among his heirs. This auction comes at a time of renewed interest in Lagerfeld, with the release of a biography and a feature documentary about his life.
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Muhammad Ali’s shorts from the legendary ‘Thrilla in Manila’ match are being auctioned at Sotheby’s in New York. These white shorts with black stripes, signed by Ali, have attracted bids, including a recent bid of $3.8 million. Sotheby’s predicts the shorts might sell for $4-6 million. The auction, which includes various sports memorabilia, is open until April 12. Among the items on auction is also NBA star Victor Wembanyama’s uniform.
Late fashion designer Karl Lagerfeld’s futuristic Paris apartment sold for 10 million euros ($10.8 million) at auction, doubling the guide price.
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Former NFL running back Adrian Peterson has vehemently denied any involvement in the sale of his memorabilia, including his prestigious 2012 NFL MVP trophy, following an online auction by an estate sale company. Peterson plans to take legal action against the unauthorized sale.
Rashtriya Ispat Nigam Limited (RINL) is looking to sell 13.89 acres of non-core surplus freehold land in Visakhapatnam, as part of its measures to trim debt. The land, which consists of 111 plots across 19 blocks, will be auctioned. Additionally, RINL plans to sell its forged wheel plant in Raebareli to the Indian Railways and secure a captive mine for iron ore.
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The napkin on which Lionel Messi signed his first contract with Barcelona is set to be auctioned with a starting bid of £300,000 ($381,000). The agreement was made in December 2000 after concerns regarding Messi’s previous trials at the Spanish club. Messi went on to have a 20-year-long career at Barcelona, becoming the club’s top scorer and winning numerous titles.
A trove of costumes and props are headed to auction next month in a sale of film and television memorabilia worth around $14.6 million. The auction includes C-3PO’s head from Star Wars and costumes from Titanic. Leading the sale is the light-up head actor Anthony Daniels wore to play C-3PO in Star Wars, estimated to be worth $600,000- $1.2 million. Other items include Leonardo DiCaprio’s Titanic costume, Harrison Ford’s bull whip from Indiana Jones, and props from Nightmare on Elm Street and Forrest Gump.
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The sale of Gerard Depardieu’s art collection at a Paris auction brought in around four million euros. More than 95% of the 250-plus lots were sold, including a statue by Auguste Rodin. The actor decided to keep a statue that bore resemblance to him. The collection showcased major works by artists like Alexander Calder and Ossip Zadkine, as well as pieces by Pablo Picasso and David Hockney.
The Telecom Regulatory Authority of India (Trai) has stated that it will not provide fresh recommendations on pricing or other modalities for any spectrum band, except for the new 37GHz band. Trai has directed the Department of Telecommunications (DoT) to use the recommendations provided last year for all existing bands. It has further urged the DoT to auction the existing bands without waiting for recommendations on the 37GHz band. The 37GHz band, along with the remaining unsold spectrum from the previous auction, will be put up for sale again.
