The present study aims to investigate the hydrogeochemical evolution of heavy metals and assesses impacts of mining activities on the groundwater resources and potential human health risks in the coal mining areas of Ib valley coalfield. In this perspective, a total of one hundred and two mine water and groundwater samples were collected from different locations. The water samples were analysed for some selected heavy metals i.e. Mn, Cu, Pb, Zn, Ni, Co, As, Se, Al, Sr, Ba, Cd, Cr, V and Fe using ICP-MS. In addition, pH and SO42− concentration were also measured following APHA procedure. The water pH in the Ib valley coalfields ranged from 3.26 to 8.18 for mine water and 5.23 to 8.52 for groundwater, indicating acidic to alkaline nature of water. Mn in mine water and Zn in groundwater environment were observed as the most dominant metals. The water hazard index (WHI) reflects that around 80% of mine water are non-toxic (WHI<5), 5% slightly toxic (5<WHI>10) and 15% extremely toxic (WHI>15). Relatively high pH and low concentration of dissolved metals and SO42− in groundwater as compared to mine water indicate lesser impact of mining activities. The calculated drinking water quality index (DWQI) suggests that Mn, Al, Ni and Fe in mine water and Mn, Fe, Ni and Pb in groundwater were the major objectionable metals which caused the water quality deterioration for drinking uses. Further, the non-carcinogenic health risk assessment for adult male, female and child populations identifies Co, Mn, Ni as the key elements making the water hazardous for human health. Comparatively higher ratio of ingestion rate and body weight in child population might be causing higher health risks in child population as compared to adult male and adult female population.