Ramagiri gold mines set to reopen after 25 years
The Ramagiri gold mines in Andhra Pradesh are slated for reopening after 25 years due to improved mining technology and rising global gold prices. Government officials believe the site holds significant recoverable gold deposits based on recent geological surveys.
Why it matters
The revival of mining operations could provide a significant economic boost to the Sri Sathya Sai district through job creation and mineral extraction.
The historic Ramagiri gold mines in the Sri Sathya Sai district may reopen after nearly 25 years, as the State government has initiated steps to revive mining operations in the region.
Mining operations at Ramagiri, once one of India’s major gold-producing belts, were halted in 2000 despite the area’s significant mineral potential. Bharat Gold Mines Limited (BGML), which operated the mines, held the mining lease from 1982 to 2002.
According to the Mines and Geology Department, improved economic conditions and advances in mining technology have enhanced the prospects of reopening the mines.
“Advances in mineral extraction techniques now make it feasible to recover gold from lower-grade deposits that were previously considered uneconomical. At the same time, sustained increases in global gold prices have enhanced the commercial viability of such projects,” a senior official working on the feasibility report said.
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