India set to get first private gold mine today: All about Andhra Pradesh's Swarnagiri project that can produce 900 kg gold per year
Published on: June 24, 2026, 12:19 p.m. | Source: The Economic Times
Andhra Pradesh is making history with India's first private gold mine, Swarnagiri, formerly Jonnagiri, set to begin commercial operations. Chief Minister N. Chandrababu Naidu will inaugurate the project, a significant milestone for the nation's mining sector. Operated by Geomysore Services India Pvt Ltd, this ₹405 crore venture is expected to create 700 jobs and boost state revenue significantly, with ambitious production targets and expansion plans.
