India’s first large private gold mine in Andhra Pradesh is likely to start its full-scale production very soon, a top official of Deccan Gold Mines Ltd said on Thursday. The development assumes significance as India currently imports around 1,000 tonnes of gold every year. The country is the largest importer of gold after oil. Deccan Gold Mines Ltd (DGML), the first and only gold exploration company listed on BSE, has a stake in Geomysore Services India Ltd, which is developing the first private sector gold mine at Jonnagiri, in Andhra Pradesh. The Jonnagiri gold project, he said, has received environment…
India’s first large pvt gold mine in Andhra Pradesh to soon begin full-scale production: DGML MD
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