Friday, 4th June 2004 (2630 views)

New figures for India show gold production in the country increased this April compared to last year.

April 2004 saw 700.81 kgs of gold produced, whilst in the same month last year 615.24 kgs of the precious metal was produced.

The key producers in India were Hutti Gold Mines Limited (HGML) and the Hindustan Aluminium Company Limited (HINDALCO), which produced 270.81 kgs and 430 kgs respectively.

Some companies process gold as a by-product while processing copper in India, with HGML now the only unit making gold from ore stage after the closure of Bharat Gold Mines Limited.

 

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