India's Deccan Gold Mines Ltd said on Monday that it has begun pre-commissioning trials at its Altyn Tor Gold Project in Kyrgyzstan, marking a key step toward full-scale gold production and advancing one of India's first overseas gold mining investments, according to an official statement.
India now needs a comprehensive policy on gold to clearly define whether gold should be treated as a commodity or money, and how customers should perceive it, stated a report by State Bank of India (SBI).
Last year, Uzbekistan produced 110.8 tonnes of gold, ranking it tenth globally. The country's central bank was the second-largest net seller of gold worldwide, selling around 25 tonnes, just behind Kazakhstan, according to the World Gold Council.
New Delhi [India], September 21 (ANI): Mineral production in India increased by 6.1 per cent year-on-year in the April-July period of the current financial year, as per the government data released on Wednesday.
New Delhi [India], February 16 (ANI): India's mineral production rose by 16 per cent year-on-year during the April-December period of the current financial year, led by impressive growth in the output of magnesite, gold, bauxite, lignite and natural gas, the government data showed on Wednesd