India set to become ‘super rich’ again, massive hidden gold reserve discovered in…, THIS state will earn Rs 2500000000 annually from…
A major discovery has been made in the Chitrangi block of Singrauli district, Madhya Pradesh, where large reserves of gold and iron have been found beneath the ground. The state’s mining department has already begun drilling and trenching operations to assess the deposits. The Chakaria Gold Mine, spread over 23.60 hectares, has been allotted to Garima Natural Resources. Additionally, four other gold-rich areas — Silphori, Gurhar Pahad, Amilhawa, and Son Kurwa — have been handed over to Kundan Gold Mines for exploration and mining.
For iron ore, the Misirgawan Iron Block, covering a vast area of 1,550 hectares, has been allocated to Rockstone Developers Private Limited. Preparations for mining in this area are also moving ahead quickly.
Experts estimate that these mines could generate an annual revenue of Rs. 200 to Rs. 250 crore. This development is expected to benefit the government financially and create new job opportunities for local residents.
According to a report from the Geological Survey of India (GSI), about 1 to 1.5 grams of gold could be extracted from every ton of soil. Mining companies have now started excavation and sampling work to confirm these figures.
Drilling operations have already begun at Gurhar Pahad using core drilling machines, which help gather accurate information about underground mineral deposits by drilling deep into the earth. Meanwhile, some mines, including Sonpurwa Gold Mine, are still awaiting clearance from the forest department. The required documents have been submitted, and approvals are expected soon.
Government set to earn Rs 250 crore annually from new gold mines in Singrauli
Singrauli district, already a top revenue contributor in Madhya Pradesh due to its thriving coal industry, is now poised to boost state earnings even further with the discovery of gold reserves.
According to Kapil Muni Shukla, Assistant Mines Officer, the state government is expected to earn around Rs. 250 crore each year from these newly allotted gold mining blocks. This revenue will be in addition to the substantial income already being generated through coal mining operations in the region.
The new gold mines not only mark an economic milestone for Singrauli but also signal a shift in the region’s identity—from being solely an energy powerhouse to becoming a center of mineral wealth.
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