Mumbai, June 29 -- The launch of the Jonnagiri gold mining project marked a significant milestone for Andhra Pradesh, the Minister for Mines, Kollu Ravindra, said at the inaugural ceremony near Tuggali. He attributed the mega venture to the Chief Minister, N. Chandrababu Naidu, whose vision and initiative were said to have enabled the project. The site is operated by Geomysore Services (India) Private Limited and is expected to be one of the state's major mineral endeavours. State officials noted prior geological surveys and partnerships with technical institutions during project planning.
The state government has set a target of 32 per cent growth in the mining sector, and the ministry is accelerating exploration for gold, beach sand minerals, iron ore and manganese. Officials indicated that gold deposits have been identified in Anantapur and Chittoor districts, and the exploration push will extend to additional tracts. Policy support and clearances are being prioritised to move projects from discovery to production.
Ravindra outlined plans to streamline approvals and enhance infrastructure to attract investment and scale operations, while emphasising environmental safeguards and community engagement. The ministry plans to work with firms to ensure sustainable extraction practices and benefit sharing with local communities. Engagement with gram sabhas and local representatives is planned to address land and rehabilitation concerns. Investment proposals are being reviewed with attention to logistics, processing capacity and market access.
Analysts expect the project to create employment and add to the state's resource base, with downstream benefits for related industries and services. The ministry will monitor progress at the Jonnagiri site and other identified deposits and adjust timelines as exploration results become available. Monitoring mechanisms and periodic audits will be instituted to ensure compliance with statutory norms and social obligations. Officials stressed that the growth target will depend on timely clearances and the pace of private sector participation.
Published by HT Digital Content Services with permission from Construction World.