loader image
Connect with us

National News

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

Published

on

793 Views

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Divine Solitaires marks Gudi Padwa with a sparkling festive initiative

Festive diamond coin offer blends affordability, assured value, and auspicious buying for Gudi Padwa

Published

on

1,927 Views

Divine Solitaires is celebrating the auspicious festival of Gudi Padwa with a limited-period festive initiative designed to make diamond ownership more accessible and meaningful.

As part of the offer, valid until March 19, customers can usher in prosperity and new beginnings by booking a Divine Solitaires Diamond Coin for just ₹2,000. The initiative aims to encourage aspirational and assured investment in natural diamonds during the festive season.

Adding further value, the offer includes price protection, allowing customers to benefit from any potential drop in market prices. Each booked coin also comes with a complimentary enamel brass jacket, enhancing its festive and collectible appeal.

Coin WeightDiamond Carat
1 gram0.10 carat
2 grams0.14 carat
3 grams0.18 carat

Each coin features rare diamonds crafted in the iconic 8Hearts8Arrows pattern—found in less than 1% of the world’s diamonds. These are high-quality VVS and EF grade stones, known for their exceptional clarity, brilliance, and colourless appearance.

“The harvest festival of Gudi Padwa represents new beginnings, abundance and hope. It is a time when people welcome prosperity into their lives and celebrate meaningful milestones with their loved ones. Diamonds, with their timeless brilliance, have always been a symbol of joy, positivity and enduring value, making them a beautiful way to mark such special occasions,” said Jignesh Mehta, Founder and Managing Director, Divine Solitaires.

Customers can book their diamond coins across Divine Solitaires’ extensive retail network of 200+ shop-in-shop stores spanning over 100 cities in India.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x