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Major Gold Reserves Unearthed in Odisha: A Game-Changer for India’s Mining Industry

Odisha’s Gold Discovery Sparks Optimism for Growth in the Mining Sector, with Plans for Large-Scale Auction Underway

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Odisha has emerged as a promising new hub for gold mining, following the discovery of vast gold reserves across several districts. Bibhuti Jena, the state’s Mines Minister, confirmed the exciting find and announced ongoing exploration efforts. The state is set to hold a large-scale auction of gold mining blocks in the near future to capitalize on this newfound potential.

Key districts such as Sundargarh, Nabarangpur, Keonjhar, and Deogarh have been identified as hotspots for the gold reserves. Exploration is also expanding to regions like Malkangiri, Sambalpur, and Boudh, with more discoveries anticipated. In Mayurbhanj, areas like Jashipur, Suriaguda, Ruaansi, Idelkucha, Maredihi, Suleipat, and Badampahad are under investigation for their mineral potential.

One of the most notable discoveries has been in Deogarh district, specifically in Adasa-Rampalli, an area where gold traces had been found earlier. The Geological Survey of India (GSI) is actively conducting G-2 level exploration in this region, revealing the possibility of multiple mineral resources, including copper.

Keonjhar district is also a key focus for gold exploration, with surveys being carried out in areas like Gopur-Gazipur, Mankadchuan, Saleikana, and Dimirimunda. These efforts form part of Odisha’s larger strategy to develop its mining industry and fully utilize its untapped mineral wealth. The state government is closely involved, and the upcoming auction of gold mining blocks in Deogarh is seen as a major step forward.

The exploration is being carefully monitored by state authorities, the GSI, and the Odisha Mining Corporation, with technical committees set to review the final exploration reports to assess the viability of commercial mining. Early findings suggest promising potential, and final results are expected by the end of 2025.

This discovery further solidifies Odisha’s reputation as a mineral-rich state, while positioning India as a key player on the global mining stage. If the reserves prove commercially viable, the gold deposits could provide a significant economic boost, drawing both domestic and international investments into the country’s mining sector.

National News

Unscrupulous Hallmarking Centers Are Compromising Purity Of Gold

Practices Include Code Tampering and Illegal Commission Schemes

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The standard hallmark, introduced to guarantee gold purity, is losing its reliability as market pressures mount. High gold prices and slowing demand have intensified competition, driving hallmarking operators—particularly in smaller cities and towns across northern India—to adopt illicit practices to secure higher volumes from jewelers.

Unscrupulous hallmarking centers are compromising the purity of gold jewelry in India through code tampering and illegal commission schemes, according to industry sources and officials.

Industry sources revealed that operators manipulate the system by assigning a single six-character alphanumeric Hallmark Unique Identification (HUID) code to multiple jewelry pieces of identical design. In some instances, centers have issued 22-karat purity certificates for 20-karat gold.

Although official hallmarking fees were recently raised from 45 rupees to 75 rupees per piece—the first increase in nearly five years to offset rising machinery and operating costs—many centers undercut these rates or pay kickbacks to manufacturers and wholesalers in exchange for bulk orders.

While manufacturers, wholesalers, and center operators benefit financially from the discounted arrangements, industry experts warn that end consumers are left paying for substandard gold.

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