The Rajasthan Mining Department is set to make history by launching the state's first-ever auction of two gold mines in Bhukia-Jagpura area of Banswara district.
The Government of India's e-portal will launch the auction tender for two gold mines in approximately one month, after completing all the necessary formalities for the e-auction.
The Rajasthan Mining Department's Secretary, Anandi, told the Indian news agency that there are huge reserves of gold in the 14 square kilometer area of Bhukia-Jagpura of Ghatol tehsil in Banswara.
According to a rough estimate, during the mining of gold ore here, more than 174,000 tonnes of copper, over 9,700 tonnes of nickel, and 13,500 tonnes of cobalt mineral will be obtained.
“This will create unprecedented opportunities for direct and indirect employment along with new investments in many industries, including electronic, petroleum, petrochemical, battery, etc., in the country and the state. It will reduce the dependency on foreign countries for the supply of their raw materials, she added.