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India Launches First Private Gold Mine in Kurnool

4/20/2026

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Story summary
  • India will launch its first large-scale private gold mine, the Jonnagiri project, in Kurnool district.
  • Geomysore Services India Pvt Ltd develops the project.
  • It aims to cut India's reliance on imported gold, exceeding 800 tonnes annually.
  • The project spans nearly 598 hectares and has attracted over INR400 crore.
  • It is expected to produce up to 1,000 kg of gold annually for 15 years, with local development initiatives accompanying the project.