India’s 1st large pvt gold mine to start production by 2024-end -Newspaper Cuttings
New Delhi: The full-scale production of the country’s first large private gold mine in Andhra Pradesh will begin by the end of next year, said Deccan Gold Mines managing director Hanuma Prasad. The Jonnagiri gold project, in which the pilot scale operation has already started, will produce about 750 kilogrammes of gold per annum once it begins its full-scale production, Prasad told PTI in an interview.
Deccan Gold Mines Ltd (DGML), the first and only gold explora- tion company listed on BSE, has a significant stake of 40% in Geomysore Services India Limited which is developing the first pri- vate sector gold mine at Jonnagiri.