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
Damn sure. he misused power. He threatened. Not her fault
Sad incident. i feel something is wrong. why will she escape from the hospital
police should do proper investigation.
Policemen needs bigger punishment than ordinary people. Dont they have ethics
Policemen needs bigger punishment than ordinary people. Dont they have ethics
Shame on you chinnappa. You uttered a typical Indian mentality of judging the woman when she suffers a rape
Looks like she moved out at her free will and faced such consequence. her fault
Need to change punishment system. We need something that arise fear to repeat. like chopping head publicly
so many grey areas are there.. such as hospitals, offices, schools, police station. need to have something emotionless creature.. robots or something else inorder to keep safe our sisters
What is the difference between RSS and ISS, R and I? R for Rowdy, I for Intelligence, so Rowdy and Criminal is equal so do not compare, Criminal is Criminal, Intelligence is Intelligence.
Woman is safe in India during Modi rule (if i say woman is unsafe under Modi rule, i will be called an anti-national)
A woman was gang raped and later she went missing. But people here are fighting with each other in the name of ISIS, RSS, ISI.. shame on you people.
wow ! naren kotian what a brilliant statement........... you should join FBI better hhhhhhhhaaaaaaa...
Dear Mr. NAren... How exactly you know that? You must be a member of RAW or ISI or ISIS or RSS I guess.
ISIS or its associate in India RSS must be behind raping this innocent girl. Israeli Secret Intelligence Service (ISIS) head SIMON ELLIOT (fake name Abu Bakr Baghdadi), Jewish actor trained by MOSSAD in terrorism and the same MOSSAD has been associated in training RSS - terrorists.
ISIS hand cannot be ruled out. people belonging to one particular community do all criminal activities posing as different people. Here they dressed like police and committed crime.
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