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    Ashoka’s Gold Mine Set For Comeback Next Year

    • October 8, 2023
    • Posted by: OptimizeIAS Team
    • Category: DPN Topics
    No Comments

     

     

    Ashoka’s Gold Mine Set For Comeback Next Year

    Subject :History

    Section: Ancient

    Context:

    • In a rock edict, the emperor Ashoka declared all the gold and gemstones found at Jonnagiri were his. Now, a private company ‘Geomysore’ is gearing up to start gold mining at the ancient site again.

    About Suvarnagiri or Jonnagiri:

    • The ancients called it Suvarnagiri (Gold mountain).
    • With time the name changed to Sonnagiri and then Jonnagiri.
    • Jonnagiri in Andhra Pradesh’s Kurnool district is just a village now, but in the days of Ashoka The Great it was the headquarters of the southern part of his empire.
    • Some of his famous 3rd century BCE rock edicts have been found here. A huge rock-cut well near a temple is probably a relic of an ancient gold rush.
    • Hundreds of years later, the Cholas were masters of Jonnagiri’s gold.
    • In the colonial period the British tried but weren’t very successful so they moved on to Kolar, about 300 km away in Karnataka.

    Back To Golden Age:

    • The studies from Geological Survey of India (GSI) between 1991 and 1994 identified the potential for gold extraction.
    • In Jonnagiri the mining company has to sift through up to 2 tonnes of soil to find 1 gram of gold.

    About the mining company:

    • Geomysore is jointly owned by Thriveni Earth Movers Pvt Ltd (60%) and Deccan Gold Mines Ltd (40%).
    • It has spent the past 10 years analyzing the Jonnagiri site.
    • Advanced exploration for gold mining includes trenching, soil sampling, IP survey, magnetic survey and drilling.
    • Full-scale commercial operations at Jonnagiri by August 2024.
    • They will be only the second operational gold miner in India after the Karnataka government-owned Hutti Gold Mines Co Ltd, and have set a target of producing about 1 tonne of gold every year through the open pit mining and processing project.

    How much gold does Jonnagiri hold?

    • The gold is distributed across the four blocks – east, west, south and north – of the license area and detailed evaluation of the east block has shown the presence of 6.8 tonnes of mineable gold. Enough to keep the mine going for 8-9 years.

    Moving Mountains Of Ore

    • Gold in the Jonnagiri ore can be recovered with the cheap ‘gravity separation’ method.
    • To achieve the target of 1 tonne per annum of gold, a processing plant with a capacity to sift through 1,500 tonnes of ore daily will be set up.
    • The ore will be crushed in three stages and then pulverized in a ball mill before the gold is separated from the dirt in a hydrocyclone, a kind of centrifuge.

    Closed now, Kolar Gold mine was far bigger

    • The Kolar gold mines are centuries old. The Cholas have tried for gold mining here more than 1,000 years ago.
    • British industrialist John Taylor III (his company- John Taylor & Sons) succeeded in extracting gold from the Kolar mine in the 1880s. In 1956 the company was nationalized.
    • The Kolar mine was shut in 2001 due to a sharp fall in international gold prices. At that time the mine had yielded about 900 tonnes of gold.
    • India’s only significant gold producer now is the Hutti mine in Karnataka that was revived in 1947. Since then, it has produced nearly 2 tonnes of gold per year.
    Ashoka’s Gold Mine Set For Comeback Next Year History
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