Charting a brand new course: Steel Secretary Nagendra Nath Sinha with NMDC CMD (extra cost) Amitava Mukherjee on the groundbreaking occasion in Australia.
| Photo Credit: Arrangement
State-owned NMDC’s subsidiary Legacy Iron Ore is poised to commence gold mining operations in Western Australia.
Legacy’s Mount Celia Gold Project will begin ore mining at Blue Peter pits in the subsequent two to three months. “It is a watershed achievement for the 66-year-old NMDC as it adds a new geography and a new mineral to its portfolio,” India’s largest iron ore producer mentioned on Monday.
Steel Secretary Nagendra Nath Sinha, CMD (extra cost) Amitava Mukherjee and Legacy CEO Rakesh Gupta on Sunday participated in a groundbreaking ceremony for the mining operations. The groundbreaking occasion marks the fruits of a rigorous course of that concerned securing essential statutory approvals and finalising the mining contract with Bain Global Resources.
A launch from the Steel Ministry mentioned floor and mine infrastructure works have progressed quickly, setting the stage for ore mining to commence in the Blue Peter pits in the approaching weeks. The first ore for processing at Paddington Gold Mine is scheduled for the primary quarter of 2024 and set to grow to be a big contributor to India’s gold manufacturing panorama.
