Coal and Mining Sector

[pib] Gold Reserves in India

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Gold Reserves in India

Mains level : Not Much

The Minister of Mines and Coal has provided useful information regarding gold reserves in India.

Gold Reserves in India

  • As per National Mineral Inventory data, the total reserves/resources of gold ore (primary) in the country have been estimated at 501.83 million tonnes as of 2015.
  • Out of these, 17.22 million tonnes were placed under the reserves category and the remaining 484.61 million tonnes were under the remaining resources category.
  • In India, the largest resources of gold ore (primary) are located in Bihar (44%) followed by Rajasthan (25%), Karnataka (21%), West Bengal (3%), Andhra Pradesh (3% ), Jharkhand (2 %).
  • The remaining 2% resources of ore are located in Chhattisgarh, Madhya Pradesh, Kerala, Maharashtra, and Tamil Nadu.

Who takes up their mapping?

  • Geological Survey of India (GSI) is actively engaged in geological mapping followed by mineral exploration (survey) for various mineral commodities including gold.
  • GSI aims to identify potential mineral-rich zones and establish resources.
  • Every year, as per the approved annual Field Season Program, GSI takes up mineral exploration projects in various parts of the country for augmenting mineral resources.
  • Recently, GoI has amended the MEMC Rules to allow auction of composite license at G4 level for deep-seated minerals including Gold.

Answer this PYQ in the comment box:

Consider the following statements:

  1. In India, State Governments do not have the power to auction non -coal mines.
  2. Andhra Pradesh and Jharkhand do not have goldmines.
  3. Rajasthan has iron ore mines.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 only

(c) 1 and 3 only

(d) 3 only

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Prakhar Purwar
Prakhar Purwar
5 months ago

A

Fun Learning with Rajlaxmi.
Fun Learning with Rajlaxmi.
5 months ago

D