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
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
GJEPC Seminar InNashik Spotlights Export Opportunities and Easier Bullion Imports For MSMEs
The Programme Focused On Helping Jewellery Businesses Explore Export Markets While Highlighting Recent Policy Changes That Simplify Access To Bullion Imports.
GJEPC, in association with the Nashik Jewellers Association, organised an awareness seminar on Export Opportunities for MSMEs on 7 July 2026 in Nashik, Maharashtra. The programme focused on helping jewellery businesses explore export markets while highlighting recent policy changes that simplify access to bullion imports.
Addressing the seminar, Mithilesh Pandey, Senior Director, GJEPC, outlined the export potential for jewellery businesses and explained the key requirements for becoming an exporter. His presentation covered logistics support, e-commerce opportunities, and initiatives introduced by the Government of India, the Government of Maharashtra and GJEPC to promote exports. He also highlighted the benefits of GJEPC membership and explained how retailers can leverage Central and State government schemes to expand their businesses internationally.
Representatives from the India International Bullion Exchange (IIBX), Ranjit Singh and Mukesh Sharma, announced a significant policy update for the gem and jewellery industry. GJEPC Registration-cum-Membership Certificate (RCMC) holders will now be recognised as Qualified Jewellers, enabling them to directly participate and bid on the IIBX platform for the import of gold and silver.
The speakers also announced that the earlier Rs 15 crore minimum net worth requirement has been removed, allowing a wider pool of GJEPC members to directly import bullion through IIBX.
The IIBX announcement drew strong interest from participants, while the sessions on exports and GJEPC initiatives encouraged retailers to explore international business opportunities and the advantages of GJEPC membership.
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