LUCKNOW: India, the world’s second-biggest gold consumer, has discovered gold fields with reserves of over 3,000 tonnes in its most populous northern state, a government official said on Saturday.
Its hunger for gold – used extensively in jewellery, as offerings to Gods and in lavish weddings – cost India more than US$31 billion on imports last year, making the metal its second-biggest import item after crude oil. “In Son Pahadi we have found 2,940 tonne… in the Hardi Pahadi area 646 kilogram of ore has been traced,” Jacob told Reuters, referring to the two areas where gold ore had been discovered.
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