Vedanta group's Hindustan Zinc, Jindal Power, and JK Cement are technically qualified bidders for two gold mines in Rajasthan. Companies like Ramgad Minerals, Hirakund Natural Resources, and Poddar Diamond are also in the running. The auction, initiated in March, will conclude this week, paving the way for full-scale production at Andhra Pradesh's first private gold mine by 2024. Deccan Gold Mines aims to produce 750 kilograms of gold annually from the Jonnagiri gold project, currently generating one kilogram per month.
