India's 1st private gold mine to open in Andhra soon
India is set to commission its first private sector gold mine at Jonnagiri, Andhra Pradesh, by Geomysore Services and Deccan Gold Mines. MD Hanuma Prasad called it a 'historic moment', noting no new mine has opened since 1945. With India importing 99% of its gold, the project could mark the start of a revival in domestic gold mining.