After 16 years, mineral exploration starts at the Kolar Gold Fields

The Union Minister said the exploration started after his meeting last month with Karnataka Chief Minister B S Yediyurappa on August 28

gold, mine, mining
He said he had directed MECL to carry out immediate exploration in the mining lease area of BGML after the meeting.
Press Trust of India Bengaluru
1 min read Last Updated : Sep 28 2020 | 11:29 PM IST

: The Mineral Exploration

Corporation Limited (MECL) started exploration of the Kolar Gold Fields (KGF) on Monday, said Union Minister for Coal and Mines Pralhad Joshi.

"Happy to convey that exploratory drilling at Betrayaswamy block of Kolar Gold Fields commenced today, " the Union Minister tweeted.

Sharing photographs on Twitter on the commencement of the activities, Joshi said the mining would help resolve Bharat Gold Mines Limited (BGML) issue over exploration in KGF that has been pending for the last 16 years.

The Union Minister said the exploration started after his meeting last month with Karnataka Chief Minister B S Yediyurappa on August 28.

He said he had directed MECL to carry out immediate exploration in the mining lease area of BGML after the meeting.

In the meeting, Yediyurappa and Joshi decided that either the high-value minerals at BGML are explored or handed over to the Industries Department to set up an industrial cluster to start large-scale economic activities there.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Kolar Gold MinesPralhad JoshiB S Yediyurappa

First Published: Sep 28 2020 | 11:27 PM IST

Next Story