"We had identified 21 lakh tonnes of ore at different sites in the state, of which 5.46 lakh tonnes were sold yesterday, fetching a bid value of around Rs 44.41 crore," Director of Mines and Geology, Goa, Prasanna Acharya said.
This was the 15th e-auctioning by the state government.
After getting consistently poor response for e-auctioning, the department had slashed the minimum earnest money deposit (EMD).
The minimum EMD was Rs 1 lakh for bidding up to 5,000 metric tonnes (MT) as against the earlier Rs 25 lakh for a bid up to 1,000 metric tonnes of iron ore.