Indias Biggest Ore Gold Mining Machine

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Gold mining in India and Gold Mining Companies in India

Gold mining in India is really quite small and hardly ever gets talked about. For a country that consumes so much gold, it is a pity that there aren’t more gold mines in India. During 2008-09, the value of gold mining production in India stood at Rs. 312 crores which is 0.99% of the total metallic mineral production in the country at Rs. 31,533.97 crores.

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Largest producer of iron ore in India is Orissa (34% of whole Indian production), followed by Karnataka (22%) and Chhattisgarh (15%). But curiously, as you will see, China is not on our list of the biggest iron ore producers in the world for several reasons.

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Production and Distribution of Gold in India! It is a valuable metal which occurs in auriferous lodes and some of it is found in sands of several rivers. It is used for making ornaments and is known as international currency due to its universal use. The total in situ reserves of gold ore are ...

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The world’s largest exporter of coal and fourth largest coal producer behind China, the United States and India, Australia also has large quantities of other minerals, including iron ore, nickel, aluminium, gold and diamonds.

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Asia Pacific was the largest regional market for mining equipments and accounted for approximately 60% of the entire mining equipment market in 2012, followed by RoW, North America and Europe.China alone accounts for almost 50% of the entire mining equipment market.

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The Indian mining industry is the backbone of Industries in the country. The mining industry is the main source of raw material for most of the industries producing as many as 84 minerals comprising 4 fuels, 11 metallic, 49 non metallic and 20 minor minerals.

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Development of Indian Mining Industry - Full version

decline. The mining sector contributed 3.4% of India’s GDP in 1992-93. This declined to 3.0% in 1999-2000, and further to 2.3% in 2009-10. And with the sector contracting in absolute terms in the last couple of years, the contribution of the mining sector to India’s GDP has come down to 2% in 2012-13.

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Domestic gold production could double in 2017 – to 100,000 ounces.

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The Kolar Gold Mine, as a collectivity of three mines, viz. Champion, Mysore and Nandydroog, at the Kolar Gold Fields was one of the largest and deepest Gold Mines of the world and the only recognized gold mine in India. Because of these mines Kolar has several firsts to its credit.

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Mining in India - Wikipedia

Indian mining industry provides job opportunities to around 700,000 individuals. As of 2012, India is the largest producer of sheet mica, the third largest producer of iron ore and the fifth largest producer of bauxite in the world. India's metal and mining industry was estimated to be $106.4bn in 2010.