But now a huge success has been achieved in the direction of ending this dependence. A news has come from Kurnool district of Andhra Pradesh, which has filled the entire country with enthusiasm.
India's first large-scale private gold mine in Kurnool, Andhra Pradesh. 'Jonnagiri Gold Project' It is going to start completely from the first week of May. Currently, trials are going on in this mine operated by Geomysore Services India Private Limited, but work will start here on a large scale from May. It is believed that Andhra Pradesh Chief Minister N. Chandrababu Naidu will inaugurate this historic project. Senior officials of the mining department believe that this is no less than a 'historic moment' for India.
42.5 tonnes of gold and earnings for 15 years
According to reports, huge reserves of gold are hidden in about 598 hectares of area near Jonnagiri, Erragudi and Pagidirai villages of Kurnool. Experts say that there is about 13.1 tonnes of certified gold here, which has every possibility of reaching 42.5 tonnes. When this mine starts working at its full capacity, 1,000 kg of pure gold can be extracted from here every year. The most important thing is that gold will continue to be produced from here for the next 15 years, which will provide tremendous strength to the country's economy.
400 crore investment and modern technology
More than Rs 400 crore has been invested to make this ambitious project a reality. It has got the support of big companies like Triveni Earthmovers and Deccan Gold. Although this production may seem low compared to India's annual requirement of 800 tonnes, it is a huge step up compared to state-owned mines like 'Hutti Gold Mines'. Let us tell you that Kolar Gold Fields (KGF) was closed in the year 2000 itself, hence this effort of the private sector is a big change in the direction of making India self-reliant.
Plant completed in record time
The surprising thing is that this huge processing plant has been completed in a record time of just 13 months. These days work is in full swing in the mine with modern machines and controlled blasts. Company officials believe that this project will not only provide gold to India, but will also open doors for private companies to mine other precious minerals in the future. Now India will not have to look only to foreign countries for gold.
