Chhattisgarh govt to find out new areas bearing reserves of precious minerals
Chhattisgarh govt to find out new areas bearing reserves of precious minerals
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According to an official statement, the Chhattisgarh government has decided to find out new areas bearing reserves of precious minerals, including diamond, gold, silver and copper, in the state with the assistance of companies that are experts in the field. The report added that a decision in this connection was taken during the state mining department's meeting chaired by Chief Minister Bhupesh Baghel on Monday

Baghel also instructed the officials to utilise funds from the District Mineral Foundation (DMF) for various construction activities in rural and tribal-dominated areas, he said. “The CM approved a proposal seeking cooperation of companies with technical expertise for the exploration of new areas having reserves of precious minerals like diamond, gold, silver, copper, tungsten, base metal, nickel, platinum-group elements, bauxite and iron ore in the state,” he said.

Baghel also instructed the officials to complete preparations for the auction of 18 mineral blocks, including 10 of iron ore and eight of limestone, within the prescribed time-limit of six months.

Chhattisgarh would receive about Rs 200 crore from the auctioning of these blocks and after the mining commences there, the state will start fetching a revenue of about Rs 1,998 crore every year, official added.

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