Why in News?
The Jonnagiri Gold Project in Andhra Pradesh is set to begin full commercial production in May 2026. It is a landmark development as India’s first large-scale private gold mining project after Independence, marking a shift in the country’s mining sector.
Jonnagiri Gold Project
Location
- Situated in Kurnool district, Andhra Pradesh
- Covers 598 hectares
- Includes villages:
- Jonnagiri
- Erragudi
- Pagidirayi
Developer & Ownership
- Developed by Geomysore Services India Pvt Ltd
- Backed by: Deccan Gold Mines Ltd (DGML)
Investment & Capacity
- Total investment: ₹400+ crore
- Annual production target:
- 750 kg to 1 tonne of gold
- Certified gold resources:
- 13.1 tonnes
- Exploration potential:
- Up to 42.5 tonnes
To study Andhra Pradesh current affairs from exam point of view click here
