Andhra Pradesh’s gold rush: State eyes 4 tonnes annual output, 40,000 critical-mineral jobs, says Mines Secretary
Swarnagiri mine is expected to produce 1,000 kg of gold annually by next year and more than 2,000 kg within two years as exploration expands, Andhra Pradesh Mines Secretary Mukesh Kumar Meena told Mint.
Andhra Pradesh aims to become a leading producer of critical minerals, with plans to increase gold output to 4 tonnes annually and create 40,000 jobs in the mineral sector, according to Mines Secretary Mukesh Kumar Meena. In June, the state launched India's first private gold mine at Swarnagiri in Kurnool district, with an expected production of 800-1,000 kg of refined gold annually.
Additionally, the state has identified significant reserves of beach-sand minerals, including rare earth and titanium-bearing minerals, along its 1,060-km coastline. Over the next three to four years, the government expects gold production to reach 3-4 tonnes annually, while titanium pigments could meet India's 100% requirement within five years. These developments are expected to generate substantial employment opportunities in the state.
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