Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
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GOLD MINING AND EXPLORATION<br />
GOLD PRODUCTION BY STATE AND DISTRICT: 1998-99 - 2000-01<br />
<strong>Gold</strong> mines in Karnataka produce 97% of India’s primary gold mine output.<br />
State District Kilogrammes<br />
1998 - 1999 1999 - 2000 2000 - 2001<br />
Primary gold<br />
Andhra Pradesh Anantapur 43 5 #<br />
Chittoor 182 179 28<br />
Karnataka Kolar 306 239 36<br />
Raichur 1,427 1,546 1,784<br />
Tumkur *** 220 184 174<br />
Sub-total 2,178 2,153 2,022<br />
Secondary gold<br />
Bihar * Singhbhum East 505 433 435<br />
Gujarat ** Bharuch - - 5,097<br />
Sub-total 505 433 5,532<br />
Total 2,683 2,586 7,554<br />
Source: <strong>Indian</strong> Bureau of Mines. ** <strong>Gold</strong> is recovered as a by-product of copper slimes. ** <strong>Gold</strong> is recovered as a by-product during the refining of<br />
imported copper. *** Includes gold recovered from ore obtained incidental to prospecting and exploratory operations. # Temporarily suspended due<br />
to lack of electricity.<br />
GOLD MINING POTENTIAL<br />
According to the <strong>Indian</strong> Bureau of Mines, 9 States have been identified as offering gold mining potential.<br />
<strong>Gold</strong> has been mined in India, albeit in small quantities, for more than 2,000 years.<br />
State<br />
NORTH<br />
District<br />
Jammu & Kashmir Jammu<br />
Rajasthan Banswara, Jodhpur, Sirohi<br />
WEST -<br />
EAST<br />
Bihar Monghir, West Champaran<br />
Chhattisgarh Bastar, Raigarh, Raipur<br />
Jharkhand<br />
SOUTH<br />
Ranchi, Singhbhum<br />
Andhra Pradesh Ananatpur, Chittoor, Kurnool, Nellore<br />
Karnataka Dharwar, Gulbarga, Hassan, Kolar, Raichur, Shimoga, Tumkur<br />
Kerala Kozhikode, Malapuram, Palakkad, Wynad<br />
Tamil Nadu Dharampur<br />
Source: <strong>Indian</strong> Bureau of Mines.<br />
Government and State agencies, active in gold exploration, include the following:<br />
Geological Survey of India (GSI)<br />
Headquarters: Kolkata. A department within the Ministry of Coal and Mines. Established in 1851.<br />
Mineral Exploration Corporation Ltd (MEC)<br />
Headquarters: Nagpur. A Public Sector Undertaking under the administrative control of the Ministry of Coal and Mines.<br />
Incorporated in 1972.<br />
State Directorates of Geology and Mining<br />
Notably, in Rajasthan (north), Madhya Pradesh (west), West Bengal (east) and Andhra Pradesh, Kerala and Karnataka (south).<br />
Many domestic and foreign companies, with registered offices in India, have been granted Reconnaissance Permits and<br />
Prospecting Licences that refer to gold. Notably, the following:<br />
New Delhi. AMIL Mining India Pvt Ltd, CRA Exploration (India) Pvt Ltd, Pasminco Exploration Pvt Ltd, Phelps Dodge<br />
Exploration India Pvt Ltd, WSIL, Mineral Sands India Pvt Ltd.<br />
Mumbai. De Beers India Prospecting Pvt Ltd, Metmin Finance & Holdings Pvt Ltd, Adamas India Pvt Ltd.<br />
Thane. ACC-RIO TINTO Exploration Ltd.<br />
Bangalore. Geomysore Services (India) Pvt Ltd.<br />
164<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET
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