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

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.

BrandBuzz

Senco Gold & Diamonds celebrates Navratri with festive offers

Up to ₹1,000 off per gram on gold jewellery | Up to 50% off on diamond jewellery making charges | Up to 25% off on diamond value | 0% deduction on old gold exchange + 1 Karat per gram extra

Published

on

As Navratri ushers in nine days of celebration, devotion and auspicious new beginnings, Senco Gold & Diamonds marks the festive season with a special jewellery offering designed to bring greater value to every purchase. Customers can avail up to ₹1,000 off per gram on gold jewellery, up to 50% off on making charges on diamond jewellery, up to 25% off on diamond value, and 0% deduction on old gold exchange along with 1 Karat per gram extra. The festive offers are available across Senco Gold & Diamonds stores and online. Terms and conditions apply.

Jewellery has always had a natural place in the festive calendar – whether it is a new piece bought to mark an auspicious occasion, a gift for a loved one or an upgrade to an existing collection. With Navratri also marking a season of dressing up and coming together with family, Senco Gold & Diamonds’ festive offering brings together choice, value and the opportunity to make a meaningful jewellery purchase.

Speaking on the occasion, Joita Sen, Director and Head of Marketing and Design at Senco Gold & Diamonds, said, “Festivals are increasingly becoming occasions when jewellery purchases carry both emotional and personal significance. Navratri, in particular, brings together the joy of dressing up, family traditions and the excitement of new beginningsAt Senco Gold & Diamonds, we believe every customer should be able to celebrate the festive season in their own way, whether by choosing a new piece of gold or diamond jewellery or exchanging an existing piece for something they love.

Ultimately, jewellery is about marking moments that matter, and our festive offering is designed to add greater value to that experience – whether it is a purchase for oneself, a gift for someone special or a piece that celebrates a new beginning.”

For gold jewellery purchases, customers can avail up to ₹1,000 off per gram, making it an attractive time to shop for gold during the festive season. Those purchasing diamond jewellery can benefit from up to 50% off on making charges and up to 25% off on diamond value, across eligible products.

The festive season also presents an opportunity to rethink existing jewellery. Customers exchanging old gold can avail 0% deduction on old gold exchange, along with 1 Karat per gram extra, offering an added benefit for those looking to upgrade or refresh their collection.

Looking ahead to Dhanteras, Senco Gold & Diamonds will also offer its Dhanteras Flexi Advance Gold initiative. The offering allows customers to book their gold purchase at prevailing rates, with the flexibility to benefit if gold prices fall, while retaining the locked-in rate if prices rise.

Together, the festive initiatives are designed to make jewellery buying more flexible and rewarding through one of the most important periods of the jewellery calendar – while giving customers more reasons to celebrate, upgrade and mark the season with something meaningful.

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