The country's first private gold mine will start soon

The country’s first private gold mine is about to start soon, how much gold is it in this mine, which is the owner of this mine, last updated: September 18, 2025, 18:53 ist first private gold mines: Do you know where the first private gold mine of India is and who is the owner. How much gold is there in this mine and how long it will start to exploit. The country’s first private gold mine begins in Andhra Pradesh. New -delhi. The ordinary man knows that the government has the right to the minerals underground, but do you know that there is a private gold mine in the country. So far, the government has the right to all the gold mines and is also working to withdraw gold from it. But India’s first gold mine will start in Andhra Pradesh soon. The owner of this mine is Deccan Gold Mines Limited. A top official of Deccan Gold Mines Limited said on Thursday that India’s first large private gold mine in Andhra Pradesh will start fully soon. This development is important because India currently imports approximately 1000 tonnes of gold and India is the largest importer of gold to oil each year. However, after the start of this mine, the dependence on imports will certainly decline. Deccan Gold Mines Limited (DGML) is listed in BSE and is the country’s first and only gold finding business. The company has an interest in Geomisor Services India Limited, which develops the first gold mine of the private sector in Jonagiri, Andhra Pradesh. He said that the Jonagiri Gold project was approved in the months of June and July and that approval of the state governments was also sought. How much gold will be received each year, said Hanuma Prasad, managing director of Deccan Gold Mines Limited, that the stabilization of the project is underway. Right now, only the technology of the plant is underway. Full -scale production will start soon. After the start of production at full scale, this project is expected to produce about 750 kg of gold per year. However, it will be increased to 1,000 kg within two to three years, which will reduce gold imports. Where is this gold mine that Hanuma Prasad told that the production of gold in India is 1.5 tons today. After we start mine, about one ton and production will increase. This gold mine is located near Jonagiri, Erragudi and Pagadirai towns under Tuggali Mandalam in the Kurnool district andhra Pradesh. DGML was established in 2003 to find a gold mine. DGML was involved in the campaign to find gold mines in India and abroad. The mining assets of this business are also distributed in the Indian Peninsula, Kyrgyz, Finland and Tanzania. About author Pramod Kumar Tiwari Pramod Kumar Tiwari likes to cover the stock market, investment tips, tax and personal finance. Explain complicated subjects very easily. In newspapers, dozens of columns were also written about personal finances. Journalist … Read more Pramod Kumar Tiwari likes to cover the stock market, investment tips, taxes and personal finances. Explain complicated subjects very easily. In newspapers, dozens of columns were also written about personal finances. Journalists … Read more here to add News18 as your favorite news source on Google. Location: New