Jonnagiri Gold Mine Launch Tomorrow
Andhra Pradesh is set to enter the gold production sector with the launch of the country's first private gold mine at Jonnagiri in Kurnool district. Chief Minister N. Chandrababu Naidu will inaugurate the gold mining project on Wednesday and also lay the foundation stone for its second unit.
The mining and processing plant has been established with an investment of ₹320 crore. Gold extraction activities will be carried out across 1,477 acres in the Jonnagiri region.
According to officials, geological surveys have identified gold deposits extending up to two kilometres beneath the surface. The project aims to produce nearly 1,000 kilograms of gold annually, marking a significant milestone for Andhra Pradesh’s mining sector.
The project is expected to generate employment opportunities, attract investments, and contribute to the state's industrial growth. Authorities believe the mine will strengthen India's domestic gold production capacity and reduce dependence on imports in the long run.
