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Gold | Bihar
Image Credit: Sebastian Pichler via Unsplash

Bihar to permit exploration of India's largest gold reserve: Report

| @indiablooms | May 29, 2022, at 03:29 am

Patna: The Bihar government has decided to permit the exploration of the "country's largest" gold reserve in Jamui district, media reports said.

Jamui district of Bihar has around 222.88 million tonnes of gold reserve, including 37.6 tonnes of mineral-rich ore, according to a Geological Survey of India (GSI) survey.

Bihar's Mines and Geology Department is in consultation with agencies involved in exploration, including GSI and the National Mineral Development Corporation (NMDC), for exploration of gold reserves in Jamui, a report in the media said.

After an analysis of the GSI findings which indicated the presence of gold in areas such as Karmatia, Jhajha and Sono in the Jamui district, the consultation was started, said Additional Chief Secretary cum Mines Commissioner Harjot Kaur Bamhrah, the report said.

She said the Bihar government is likely to sign an MoU with a central agency or agencies for G3 (preliminary) stage exploration within a month's time, according to the report.

Union Minister of Mines Pralhad Joshi had last year informed the Lok Sabha that Bihar holds the highest share of India's gold reserves.

"As per the National Mineral Inventory, the total resources of primary gold ore in the country as on 1.4.2015 are estimated at 501.83 million tonnes with 654.74 tonnes of gold metal and out of this, Bihar is endowed with 222.885 million tonnes (44 percent) of ore containing 37.6 tonnes of metal," Joshi had said.

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