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India's first pvt gold mine set to go live in AP
Adding shine to the Aatmanirbhar Bharat push, the processing plant of Geo-mysore Services India's Jonnagiri gold project in AP, the country's first large-scale private gold mine since Independence, is set to go live in the first week of May. The project, spread across nearly 598 hectares, has already attracted investments worth over Rs 400 crore. The mine has robust estimates. The certified resources stand at 13.1 tonnes of gold, with exploration indicating a potential upside of up to 42.5 tonnes. At peak capacity, the mine is expected to produce up to 1,000kg of refined gold annually over the next 15 years. |