AUCTION INFORMATION

Auction Information

RESOURCES ID invites suppliers of goods and services to participate in a transparent and efficient tender process.

Frequently Asked Questions

Check out some frequently asked questions in auction procurement from RESOURCES ID.

Mining assets auctioned usually include mining rights, mineral concessions, heavy equipment, or extracted minerals such as coal, gold or nickel.

Bidders can register and participate through the official portal and follow the registration guidelines listed.

Yes, mining auction activities are regulated by the government to ensure compliance with industry standards, transparency and fairness.

If a bidder fails to fulfill its obligations such as payment or signing a contract, the bid may be canceled and the bidder may be disqualified from subsequent bids.

Bids are only accepted during the specified tender period. Providers who submit late bids will not be considered in the tender process.

faq image