News Desk. India was once called a golden bird of gold. There were many gold spectacles in the country. Now India is preparing to reopen one such gold mine. We are talking here- Kolar Gold Fields in Karnataka. Kolar Gold Fields (KGF) is India’s first gold mine after independence.
KGF, once known as Swarna Nagar in India, was inactive for decades after the closure in 2001. In June 2024, the Karnataka government approved the proposal of superficial mining in 13 tailing dumps of the Central Government, which is spread over 1003 acres of land which was once owned by Bharat Gold Mines Limited. Garbage was currently coming out of these mining but residual gold is abundant. According to official estimates, these reserves have 32 million tonnes of material, about 23 tons of obtainable gold, and the annual gold production is estimated to reach 750 kg when the recovery starts on a full scale.
According to the information, the Kolar Gold Field was the biggest store of gold in the British period. Hundreds of tons of gold used to come out from here every year during the British. In the years 1880 to 120 years, about 900 tin gold was removed from here. The large store of gold in Kolar is also mentioned in the Chola Empire. The Chola Empire mentions gold mining in inscriptions and books from the years 1004 to 1116. Gold was also taken out here during the Vijay Nagar dynasty.
In 1802, the British discovered Kolar Gold Fields and started mining. In 1804–1860, England companies took out gold. By 1943, KGF worked as a 583 tonnes of gold. Then after the independence of the country, the government took control of it. India became Gold Mines (BGML) in 1972, which lasted until 2001. But in 2001, this food was closed.