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Production begins in two iron ore mines in Odisha

Production begins in two iron ore mines in Odisha
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Production begins in two iron ore mines in Odisha

Production begins in two iron ore mines in Odisha
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'Hutti Gold Mines to triple production in one-and-half years'


‘Hutti Gold Mines to triple production in one-and-half years’
New Delhi: India’s only gold producer Hutti Gold Mines plans to triple annual production of the yellow metal to 5,000 kgs in one-and-a-half years, according to Karnataka Mines and Geology Minister Murugesh R Nirani.
Nirani, who completes one month in office as cabinet minister in the BJP-ruled Karnataka government, added that due to COVID-19, the revenue from mines auction so far in the current fiscal could reach only 85 per cent of the Rs 3,700 crore achieved in 2019-20. But in the next fiscal, it is expected to surpass the target of Rs 4,000 crore.

Raichur , Karnataka , India , Mangalore , New-delhi , Delhi , Hutti , Chitradurga , Mysuru , Belgaum , Bengaluru , Gulbarga

Hutti Gold Mines to triple production in one-and-half years: Karnataka Minister Murugesh Nirani


Hutti Gold Mines to triple production in one-and-half years: Karnataka Minister Murugesh Nirani
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Last Updated: Feb 14, 2021, 05:23 PM IST
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Synopsis
The minister also highlighted the new policy measures the state government is working on to curb illegal mining and attract investment, including introducing a single-window clearance system and holding 'mining adalats' for addressing grievances, besides ramping up gold production in the state.
New Delhi: India's only gold producer Hutti Gold Mines plans to triple annual production of the yellow metal to 5,000 kgs in one-and-a-half years, according to Karnataka Mines and Geology Minister Murugesh R Nirani.
Nirani, who completes one month in office as cabinet minister in the BJP-ruled Karnataka government, added that due to COVID-19, the revenue from mines auction so far in the current fiscal could reach only 85 per cent of the Rs 3,700 crore achieved in 2019-20. But in the next fiscal, it is expected to surpass the target of Rs 4,000 crore.

Raichur , Karnataka , India , Mangalore , New-delhi , Delhi , Hutti , Chitradurga , Mysuru , Belgaum , Bengaluru , Gulbarga