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Economy 1 min read

India's First Large-Scale Private Gold Mine at Jonnagiri, Andhra Pradesh, to Start Operations in May 2026

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India's first large-scale gold mining project run by the private sector is set to begin operations in Andhra Pradesh in May 2026.

  • Project: Jonnagiri gold project, Kurnool district.
  • Developer: Geomysore Services India Private Limited, backed by private sector partners.
  • Expected output: Around 1,000 kg of gold every year for the next 15 years.
  • Resources: Estimated at about 13.1 tonnes of gold, with potential of up to 42.5 tonnes.