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NMDC taking first step for obtaining Mining Lease to start operations at Gold Mine Block

18 Oct 2022 Evaluate

NMDC is taking the first step for obtaining Mining Lease (ML) & executing the ML deed to start the mining operations at Chigargunta-Bisanatham Gold Mine Block in Chittoor District, Andhra Pradesh. The miner strikes gold with the Gold Mine block as it is a first of its kind for the company in terms of leveraging its expertise for a multi-mineral outlook and underground mining operations as well. The firm is in the process of calling Expression of Interest (EOI) for appointment of a Consultant for obtaining Mining Lease and Mining Deed

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

NMDC Share Price

89.78 2.60 (2.98%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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