The euphoria over the claim that around 3,000 tonnes of gold reserves, worth Rs 12 trillion, have been discovered in Uttar Pradesh’s Sonbhadra district could not last even 24 hours, with the Geological Survey of India (GSI) clarifying on Saturday there had been no such discovery.
The GSI, headquartered in Kolkata, rebutted the claims of the Uttar Pradesh Directorate of Geology and Mining (UPDGM), and said “miscommunication” must have led to the wrong reporting of facts.
M Sridhar, director general of the GSI, said nobody in the agency gave any such data. He said 52,806 tonnes of gold ore was found in Sonbhadra district during the exploration work in 1998-2000. From this reserve, only 160 kg of gold can be extracted.
“There must have been some miscommunication of facts because of which the gold ore deposits have been overestimated. We have written a letter to Uttar Pradesh (UPDGM), stating the facts. The GSI has not estimated such kind of vast resource of gold deposits in Sonbhadra,” Sridhar said.
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The UPDGM had said on Friday that gold deposits were found in Son Pahadi and Hardi areas of the district. Sridhar said while gold ore was found in the area during the GSI’s exploration work in 1998-2000, it had told the state government about the discovery in November last year.
Under the new regulation, which came into effect from 2015, the GSI has to inform the state government when ore deposits are discovered. Earlier, no such action was mandatory. In its report, the GSI estimated that only 3.03 gm of gold can be extracted from a tonne of ore. It also clarified that even the extraction amount was tentative and could not be established for certain.
Moreover, Sridhar said the deposits were spread across only 0.5 sq km in forest land, which made the mining of ore economically unviable. “When there are several mines nearby, we can club it into a block and then it makes sense to mine the ore. But in this case, the deposits are too small to make it viable for any company to mine it,” he said. The GSI usually prioritises its exploration work based on the needs of the Centre. While strategic minerals like tin, cobalt, lithium, beryllium, germanium, gallium, indium, tantalum, niobium, selenium, and bismuth are atop the list in GSI exploration, gold is another commodity on its priority list.
According to the World Gold Council, India has reserves of 630 tonnes of gold.
Comments
The usage of Beary language in kuthubs, other than arkans in arabic, and in masjid and stage discourses should be implemented forthwith .It is a pity that Beary musliyars prefer malayalam as if it is the language of heavens ; having inferiority complex to give discourses in their mother tongue .The Beary community should persuade them to do so
Master Moorthianna well said, you must understand before commenting, Yes \your said KHUTBA must understand, you are 100% correct. but that places in US, EUROPE and SHARJAH. but in Mangaluru ( Kudla) ENGLISH??? to whom Anna??
Why can you suggest our favourites \"TULU\" !!!!! EVERY ONE UNDERSTAND WELL, local language.
Master Abu Wafaaaa!!!!!! you said Jingle bell like, should have been 50/60 Years back Baisabbbb.
Any way Good luck, at least avoid Mallus in Mangaluru, but do not copy them>
Jai hoo Hindustan
Jai Hoo Modianna."
Good move! this Historical steps should have been taken at least 10/15 years back so Malayalee ustadas divide the youth and rule policy as well they compelled their customs and tradition(which is not in Islam) in many areas from which many poor and middle class Bearys are still suffering may end before.
Urdu can be better....
Yes right ....in West like US and Europe ....Khutbas are held in English ...in Sharjah too its in English in one or two .....People must understand whats in Khutba ...instead just hearing
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