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.
ALSO READ: 2,900-tonne gold mine found in Sonbhadra, 4 times that of India's reserves
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
Dears even if prophet (pbuh) did not ate beef ,never deneyed it to his rollovers ,what is halal and what is haram is clearly mentioned in Quran, but for a beliver its not compelsory to eat beef to prove his belief it permisable one like mutton and chicken or veg it depends upon the place, whether, biographical condition ,ect, here not only Muslims meeting beef people of,so many other religion also eating but only Hindus worshiping it this is fact ,,one more thing people of different parts of the world eetind beef since human eyes but problem begins only it created a vote bank ,,now real Hindus should prove what is real hinduism which permits to kill human for the name of cow? Still cow know nothing!!
CRAZY man half knowledge , makes him crazy to express wrong words
Dear CD
Don't support by publishing un islamic topic from so called Muslim (Nawzbillah)
Beware of such people,
Our bellowed prophet peace be upon him, said anybody who lies as misquoting against him, shall reserve their place in hell.
We should ask him for authenticated proof, sure he will fail to do so, then people have to decide his fate on the grounds of sharia law.
Better change your name to Tarak Mehta :-)
Hello, who is this Tarek Fatah, Agent of RSS, what he know about Prophet Swallahu Alaihi wa sallim. Where is quoted beef is Haram in Qur'an or Hadith.
What he is talking even not veda, purana, ramayana or in Mahabharatha there is no single word against slaughtering cow. 10000 of cows and other animal slaughter in yaaga, yajna.
Prophet Muhammed peace be upon him Told be aware of MUNAFIQs like you . and also mentioned that the day will come when Ignorant will become leaders ......so you try to become......you are going against ISLAM by claiming something Haram when its allowed in ISLAM
May be one day you will say PIG also allowed....!!!
Add new comment