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Reviving KGF Gold Mining
June 28 , 2024
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- The Karnataka government has cleared a proposal of the Centre for reviving gold mining and auctioning of 13 tailing dumps spread over 1,003.4 acres at Kolar Gold Fields (KGF).
- As much as 33 million tonnes of tailing dumps (extraction waste) is estimated to be lying at the 13 tailing dumps at KGF.
- It is estimated that one tonne of dump yields one gram of gold on processing.
- Bharat Gold Mines Limited, a PSU established in 1972 under the Department of Mines with its office at KGF, was closed due to economical unviability in 2001.
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