News India Live, Digital Desk: Big announcing of union minister prahlad joshi: The film ‘KGF’ which made a splash in the whole country, is now being discussed in reality once again. Famous mines of Kolar Gold Fields (KGF) of Karnataka are going to open once again! This is not just the news of the reopening of a mine, but a very big economic and strategic news for India.

Actually, gold consumption in India is very high and most of our needs come from abroad. Thousands of crores of rupees are spent every year on this import, which reduces the foreign exchange reserves of the country. To reduce this dependence and save the country’s money, the government has taken this big step.

Big Announcement of Union Minister Prahlad Joshi: Gold will come out in the country, preparations to reopen KGF mines

Union Minister Prahlad Joshi has given information about this. He said that these mines were closed due to losses in the year 2001, because it was costing to remove gold. But now new techniques have come, from which gold can also be extracted from the remaining remaining minerals (called ‘Telings’). These ‘tailings’ are actually those piles of soil and stone, which had already been removed, but there was still some amount of gold left, which was not possible to remove with the old technology.

Institutions like the Ministry of Mining and SBICAP are working together. The plan is that these old KGF mines will be auctioned, in which private companies will be able to participate. These companies will use modern methods to remove gold from the piles of soil and stones, which were first considered useless. It is estimated that 5,000 to 6,000 tonnes of gold extractable material is estimated to be estimated.

If this scheme is successful, India will have to be less dependent on abroad for gold. This will save the country’s money, create new employment opportunities and economic activities will be intensified once again in this area of ​​Karnataka. KGF, who was once famous for sleeping, can once again achieve its old glow!

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