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Hindustan Copper resumes mining operation of Surda Mine

23 Aug 2017 Evaluate

Hindustan Copper has restarted mining operation of Surda Mine located at Ghatsila, Jharkhand with effect from August 21, 2017. Surda mine has the capacity to produce 4 lakh tonne of copper ore annually.

Earlier, the operation of Surda mine was stopped after India Resources (IRL), Special Purpose Vehicle (SPV) of Eastern Goldfields (EGL), has unilaterally terminated the operation and maintenance of Surda mine contract with effect from June 2, 2017.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.

Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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