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Odisha has recently made a significant discovery of gold reserves across multiple districts, marking a major milestone for the state’s mineral sector.

1. Discovery Details:

Gold reserves have been identified in 18 locations across Odisha, including districts like Keonjhar, Mayurbhanj, Sundargarh, Koraput, Malkangiri, Sambalpur, Boudh, and Angul.https://www.iasjnana.com/

Economic Potential:

The discovery is expected to transform Odisha’s economy by attracting investments and creating employment opportunities.https://www.iasjnana.com/

Major Gold-Producing States:

Karnataka: Dominates gold production with mines like Hutti Gold Mines in Raichur.

Jharkhand: Known for its Kunderkocha mines.

Andhra Pradesh: Hosts gold deposits in areas like Ramagiri.

Challenges:

Depletion of high-grade ores in older mines like the Kolar Gold Fields.

Dependence on imports to meet domestic demand, as India is one of the largest gold consumers globally.

Gold Reserves in Karnatakahttps://www.iasjnana.com/

Karnataka is one of India’s richest states in terms of gold reserves.

1. Major Gold Fields:

Kolar Gold Fields: Historically significant, though mining has ceased due to depletion of high-quality reserves.

Hutti Gold Mines: Located in Raichur district, these mines produce nearly 84% of India’s gold.

Other Locations: Gold deposits are also found in Dharwad, Chitradurga, and Tumkur districts.

2. Production Statistics:

Karnataka accounts for approximately 22% of India’s gold reserves.

The state produces about 3,000 kilograms of gold annually.

3. Exploration Efforts:

Geological surveys have identified additional gold deposits in areas like Ajjanahalli (Tumkur), Bangaragatti (Dharwad), and Honnamardi (Davangere).

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