Mining
The mines used by HGML are mainly located in the Hutti-Muski precambrian greenstone geological belt which contains both readily extractable native gold and gold-bearing sulphides. HGML consists of two gold units:
- Hutti Gold Unit: This consists of HGML's main mine located at Hutti and the satellite mines, Uti and Hirabuddini, all of which are located in the Raichur district. Hutti is an underground mine, Uti is an open-cast mine while Hirabuddini is an exploratory mine.
- Chitradurga Gold Unit: This consists of an open-cast mine located in Ajjanahalli in Tumkur district and an exploratory underground mine at G. R. Halli in Chitradurga district.
These mines in total produce about 3 tonnes of gold a year. With the closure of the Bharat Gold Mines Limited which had operations at Kolar Gold Fields in Karnataka and at Chittoor district in Andhra Pradesh, HGML is the only company in India that produces gold by mining. It has gold ore reserves of about 31.02 million tonnes which could last for about 60 years and yield about 150.4 tonnes of gold.
Read more about this topic: Hutti Gold Mines Limited
Famous quotes containing the word mining:
“For every nineteenth-century middle-class family that protected its wife and child within the family circle, there was an Irish or a German girl scrubbing floors in that home, a Welsh boy mining coal to keep the home-baked goodies warm, a black girl doing the family laundry, a black mother and child picking cotton to be made into clothes for the family, and a Jewish or an Italian daughter in a sweatshop making “ladies” dresses or artificial flowers for the family to purchase.”
—Stephanie Coontz (20th century)
“Any relation to the land, the habit of tilling it, or mining it, or even hunting on it, generates the feeling of patriotism. He who keeps shop on it, or he who merely uses it as a support to his desk and ledger, or to his manufactory, values it less.”
—Ralph Waldo Emerson (1803–1882)
“It’s a mining town in lotus land.”
—F. Scott Fitzgerald (1896–1940)