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.
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Here every one had a mistake. No one not ready to take their responsibility. So we no need to blame any one. The only one solution to stop the accident the government would install radar to every 5KM gap on each corner of the raod with camera (as it is in Saudi Arabia) with maximum speed of 40K.M. per hour. If they crosses this speed they will be penalty of Rs.200/- minimum. If this is done definitely accident will slow down soon and every rider will be safe. But government will cost more once.
Think this traffic department to install and fix the device in every corner of the road.
Road Accident is a serious issue. Daily hundreds killed because of it in India. But unfortunately nobody ( both govt and public) doesn't take this matter seriously..
why we should have a car which has speed of more than 80km per hour. Better late than never...
Oh Gov't.., do something for the sake of innocents life which you can.....
Inna LIllahi Wa Inna Ilahi Rajoon!
Motor bike is not at all good for mangalore roads....it is a kind of death trap...traffic is increasing day by day...no space for small vehicles to move around...at the same time big truck entering from nowhere...overall this kind of accidents are invited every now and then...so tragic...we need to ban motor bikes...most of young boys and couples are getting killed...so sad...
Inna lillahi vainna ilaihi rajihoon, O Allah forgive them and make good here after to them
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