Hutti Gold Mines Limited

Company Location

 


Company Name
Hutti Gold Mines Limited
Company Type
State owned
Industry
mining
Founded
1947
Headquarters
Karnataka
Area Served
Not Mentioned
Key People
Not Mentioned
Revenue
Not Mentioned
Number of Employees
Not Mentioned
Products
gold
Website
Not Mentioned
Company Email
Not Mentioned
Address
IIIrd Floor, KHB Complex,National Games Vill
Subsidiaries
Not Mentioned
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Company Description


Hutti Gold Mines Limited (HGML) is a company located in the state of Karnataka, India and engaged in the mining and production of gold. It was first established as Hyderabad Gold Mines in 1947. It is the only company in India which produces gold by mining and processing the gold ore.

Hutti Gold Mines Limited (HGML) is a government-owned gold mining company based in Karnataka, India. Founded in 1947, HGML is the only producer of primary gold in the country and is one of the largest in the world. It is owned by the Government of Karnataka and is administered by the Department of Mines and Geology.

The company operates a gold mine at Hutti in Raichur district, Karnataka. It is one of the deepest gold mines in the world, with a depth of over 3,000 feet. The company also has a mine at Uti in the same district. The two mines together produce an average of 3,000 kilograms of gold per annum. HGML also has a modern refinery at Hutti, which is the only gold refinery in India that produces gold to the international standard of 999.9 purity. The company also produces gold coins and bars of various sizes, which are sold to jewellers and other customers.

HGML is committed to sustainable mining practices and is actively involved in environmental protection and conservation. The company has taken several measures to reduce the environmental impacts of its operations, such as adopting green mining techniques, using renewable energy sources, and constructing water harvesting structures.

HGML also provides employment to over 1,000 people, and is actively involved in the development of the local community. The company has set up several educational and healthcare centres in the region, and provides training and skill development programmes for the local population.

In conclusion, Hutti Gold Mines Limited is an important player in the Indian gold mining industry and is committed to sustainable mining practices and community development.

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