Around 3,000 tonnes gold deposits found in UP’s Sonbhadra, amounting to five times India’s gold reserve
PTI, Feb 22, 2020, 10:58 AM IST
Sonbhadra (UP): The Geological Survey of India (GSI) has discovered gold deposits estimated to be around 3,000 tonnes and worth Rs 12 lakh crore in Sonbhadra district of Uttar Pradesh, almost five times India’s current reserve of the yellow metal.
The gold deposits were found in Son Pahadi and Hardi areas here, district mining officer K K Rai said on Friday.
Work on finding gold reserves in Sonbhadra was started almost two decades back in 1992-93 by the Geological Survey of India, he said, adding that auctioning of these blocks through e-tendering would start soon.
The deposits in Son Pahadi are estimated to be around 2,943.26 tonnes, while that at Hardi block are around 646.16 kilogram, the official said.
He added that besides gold, some other minerals have also been found in the area.
As per the World Gold Council, India currently has 626 tonnes of gold reserves. The new reserves are almost five times that amount and estimated to be worth nearly Rs 12 lakh crore.
The British reportedly were the first to initiate the process of finding gold reserves in Sonbhadra region, which is more in the news for being a Naxalism-affected area.
Interestingly, Sonbhadra – the second largest district of Uttar Pradesh – is the only district in the country which shares its borders with four states — Madhya Pradesh to the west, Chhattishgarh to the south, Jharkhand to the south-east and Bihar to the east.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
‘Shehzada’ dig: 3 generations of Nehru-Gandhi family sacrificed themselves for country, says Sharad Pawar
Delhi cops question Youth Cong leader in MP’s Chhatarpur over fake video of Shah
Poor people have more children, why only Muslims are being targeted: Kharge asks PM
HC rejects bail prayer of incarcerated former WB minister Partha Chatterjee in money laundering case
SC questions ED on timing of Kejriwal’s arrest ahead of LS polls, seeks its reply
MUST WATCH
Latest Additions
‘Shehzada’ dig: 3 generations of Nehru-Gandhi family sacrificed themselves for country, says Sharad Pawar
Rinku Singh a casualty of IPL’s ‘Impact Player’ rule: Report quotes BCCI source on T20 World Cup
Delhi cops question Youth Cong leader in MP’s Chhatarpur over fake video of Shah
Kumaraswamy and Shivakumar spar over sex scandal involving Hassan MP
Poor people have more children, why only Muslims are being targeted: Kharge asks PM