The Centre has decided to revive Bharat Gold Mines Ltd. (BGML) and restart operations for extraction of gold ore at Kolar Gold Fields (KGF), where BGML used to extract gold before it was closed in 2001, said Union Minister for Parliamentary Affairs, Coal and Mines Pralhad Joshi.
In a release on Wednesday, he also said National Mineral Development Corporation, Donimalai, will immediately begin iron ore mining across 597.54 hectares at Donimalai area, with the State government issuing a notification permitting iron ore mining under interim system on Wednesday. “After the August meeting with Mr. Yediyurappa, I had asked Mineral Exploration Corporation Ltd. to explore availability of gold ore at KGF. The study report had suggested a possibility of KGF still having gold ore. Consequently the Centre has decided to restart BGML operations,” he said in the release.
BGML, which was in profit, had celebrated its centenary year in 1980 but subsequently had incurred losses finally leading…
