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Indian Government plans to revive the colonial-era gold mines with $2 billion reserves

Kolar Gold Fields

Indian government has taken the serious step to cut down the trade deficit as it plans to revive a cluster of colonial-era gold mines. These mine have been closed for last 15 years; however they have around $2.1 billion worth of deposits left. India is the second largest importer of the precious yellow metal. On an average India spends around $30 billion in ... Read More »

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