The license of the block has been given to Syed Owais Ali firm of Ratlam.
According to mining engineer Gaurav Meena, "Two blocks Bhukia-Jagpura were allotted for mining in Ghatol subdivision of Banswara. After the technical bids for both the blocks were opened recently, the mining license has been awarded to an MP-based firm in Ratlam.
Of the two blocks allotted for gold mining in Banswara, the license has been issued for Bhukia-Jagpura, while five companies are competing for the composite license of the second block i.e. Kankaria Gara.
Government officials confirmed to IANS that there was some dispute in the tendering on this block and hence there has been a slight delay. According to geologists, a preliminary assessment of 113.52 million tonnes of gold ore has been made in an area of 940.26 hectares in Banswara.
The quantity of gold is estimated to be 222.39 tonnes.
Additionally, 1.24 million tonnes of gold ore is expected to be extracted from an area of 205 hectares in Kankaria Gara. Along with yellow metal, other minerals will also be extracted from these gold mines.
Officials said gold mining in Banswara district is likely to generate unprecedented opportunities for direct and indirect employment along with new investments in several industries including electronics, petroleum, petrochemicals, batteries, air bags etc.
According to mining engineer Gaurav Meena, "Two blocks Bhukia-Jagpura were allotted for mining in Ghatol subdivision of Banswara. After the technical bids for both the blocks were opened recently, the mining license has been awarded to an MP-based firm in Ratlam.
Of the two blocks allotted for gold mining in Banswara, the license has been issued for Bhukia-Jagpura, while five companies are competing for the composite license of the second block i.e. Kankaria Gara.
Government officials confirmed to IANS that there was some dispute in the tendering on this block and hence there has been a slight delay. According to geologists, a preliminary assessment of 113.52 million tonnes of gold ore has been made in an area of 940.26 hectares in Banswara.
The quantity of gold is estimated to be 222.39 tonnes.
Additionally, 1.24 million tonnes of gold ore is expected to be extracted from an area of 205 hectares in Kankaria Gara. Along with yellow metal, other minerals will also be extracted from these gold mines.
Officials said gold mining in Banswara district is likely to generate unprecedented opportunities for direct and indirect employment along with new investments in several industries including electronics, petroleum, petrochemicals, batteries, air bags etc.
