Recent reports suggest that gold deposits have been discovered in different locations across three districts of Odisha, a state in eastern India. According to the Directorate of Mines in Odisha, the deposits were found in Mayurbhanj, Keonjhar, and Balasore districts.
The discovery was made during explorations carried out by the Geological Survey of India and the Odisha Mineral Exploration Corporation. The agencies found traces of gold in quartz veins in these districts.
The state government of Odisha has announced that it will conduct further explorations to determine the extent of the deposits and to assess the feasibility of mining them. The government has also formed a committee to oversee the exploration process and to ensure that it is carried out in an environmentally sustainable manner.
If the gold deposits in Odisha are found to be economically viable, they could be a major boost to the state’s economy. India is the world’s second-largest consumer of gold, and the country imports a significant amount of the precious metal each year. The discovery of gold deposits in Odisha could reduce India’s dependence on imported gold and could help to boost the country’s domestic gold production.
However, there are concerns about the impact that mining could have on the environment and on the local communities in these districts. Mining activities can cause significant damage to the environment, including deforestation, water pollution, and soil erosion. There are also concerns about the displacement of local communities and the loss of their traditional livelihoods.
The government of Odisha has stated that it will take these concerns into account and will ensure that mining activities are carried out in a responsible and sustainable manner. The government has also announced that it will engage with local communities and stakeholders to ensure that their concerns are addressed and that they are involved in the decision-making process.