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India's Golden Milestone: First Private Gold Mine Sparks New Era in Andhra Pradesh - AP Events

Swarnagiri Gold Mine in Kurnool Sets Historic Benchmark for Private Sector Mining in India India has taken a monumental step toward mineral self-reliance. On June 24, 2026, Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the country's first large-scale private gold mine at Jonnagiri in Kurnool district — now proudly renamed Swarnagiri (" Golden Hill "). This ₹405 crore project by Geomysore Services India Pvt Ltd (GMSI) , with involvement from Deccan Gold Mines Ltd and partners like Lloyds Metals and Thriveni Group, marks the first operational private primary gold mine with an integrated processing facility since India 's Independence. Conceptual image of modern gold mining operation in India Why Swarnagiri Matters: A Game-Changer for India's Gold Sector India imports over 800 tonnes of gold annually to meet massive demand in jewelry, investment, and industry. Domestic production has remained negligible for decades. The Swarnagiri project, tho...
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