gold reserve: Bihar decides to accord permission for exploration of ‘nation’s largest’ gold reserve

The Bihar authorities has determined to accord permission for exploration of the “nation’s largest” gold reserve in Jamui district, a senior official stated on Saturday. As per a Geological Survey of India (GSI) survey, round 222.88 million tonnes of gold reserve, together with 37.6 tonnes of mineral-rich ore, are current in Jamui district.

“The state Mines and Geology Division is in session with companies engaged in exploration, together with GSI and the Nationwide Mineral Growth Company (

), for exploration of gold reserves in Jamui.

“The session course of began after analysing the GSI findings which indicated the presence of gold in areas corresponding to Karmatia, Jhajha and Sono in Jamui district,” Further Chief Secretary cum Mines Commissioner Harjot Kaur Bamhrah informed PTI.

She stated the state authorities is prone to signal an MoU with a central company or companies for G3 (preliminary) stage exploration inside a month’s time.

In sure areas, G2 (basic) exploration can be carried out, Bamhrah stated.

Union Minister of Mines Pralhad Joshi had final yr knowledgeable the Lok Sabha that Bihar holds the best share of India’s gold reserves.

In a written reply, he had stated that Bihar has 222.885 million tonnes of gold steel, which quantities to 44 per cent of the entire gold reserves within the nation.

“As per the Nationwide Mineral Stock, the entire sources of major gold ore within the nation as on 1.4.2015 are estimated at 501.83 million tonnes with 654.74 tonnes of gold steel and out of this, Bihar is endowed with 222.885 million tonnes (44 per cent) of ore containing 37.6 tonnes of steel,” Joshi had stated. PTI PKD ACD ACD