MoneyWorks4Me

Hindustan Zinc declared preferred bidder for Dugocha Gold Block in Rajasthan

16 Nov 2024 Evaluate

Hindustan Zinc has been declared the ‘Preferred Bidder’ for the Dugocha Gold Block, as confirmed by the Department of Mines & Geology, Rajasthan vide notification dated November 15, 2024. For the same, the company has secured a composite license through the state government auctions held on November 13, 2024. This strategic win marks a significant milestone in the company’s growth journey, solidifying its position as a leading player in the precious metals sector.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. 


Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 212.80
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