{"id":104813,"date":"2026-05-24T13:22:14","date_gmt":"2026-05-24T07:52:14","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=104813"},"modified":"2026-05-28T16:39:45","modified_gmt":"2026-05-28T11:09:45","slug":"hutti-gold-mines-company-limited-hgml","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/hutti-gold-mines-company-limited-hgml\/","title":{"rendered":"Hutti Gold Mines Company Limited (HGML)"},"content":{"rendered":"<h2><b>Hutti Gold Mines Company Limited Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Hutti Gold Mines, the only functional gold mine in the country, earned a whopping \u20b9633.34 crores more in 2025-26, thanks to the skyrocketing price of gold in the world market.<\/span><\/p>\n<h2><b>About Hutti Gold Mines Company Limited<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is a <\/span><b>Government of Karnataka undertaking<\/b><span style=\"font-weight: 400;\"> established in <\/span><b>1947<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It has the unique distinction of being the <\/span><b>only producer of primary gold in the country.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">HGML has been active in the exploration, development, and <\/span><b>exploitation of <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/gold-reserves-in-india\/\" target=\"_blank\">gold deposits <\/a><\/b><span style=\"font-weight: 400;\">occurring in <\/span><b>Karnataka<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The company&#8217;s <\/span><b>corporate office<\/b><span style=\"font-weight: 400;\"> is situated in <\/span><b>Bangalore<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It currently processes the <\/span><b>ore from the Hutti Gold mine<\/b><span style=\"font-weight: 400;\"> and <\/span><b>two satellite mines, the Uti opencast mine<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>Heera-Buddinni exploratory underground mine.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>Hutti mine <\/b><span style=\"font-weight: 400;\">is probably one of the most <\/span><b>ancient metal mines<\/b><span style=\"font-weight: 400;\"> in the world, <\/span><b>dating to the Pre-Ashokan period.\u00a0\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Production<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The company produced <\/span><b>1,691.57 kg of gold<\/b><span style=\"font-weight: 400;\"> during <\/span><b>2025-26.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Hutti\u2019s gold production meets <\/span><b>less than 1% of India\u2019s annual demand <\/b><span style=\"font-weight: 400;\">for gold that is estimated to be over<\/span><b> 700 tonnes.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The company also produced <\/span><b>145.76 kg of silver as a byproduct <\/b><span style=\"font-weight: 400;\">of the <\/span><b>gold ore beneficiation process.<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source<\/b><span style=\"font-weight: 400;\">: <\/span><strong><a href=\"https:\/\/www.thehindu.com\/news\/national\/karnataka\/hutti-dazzles-as-gold-prices-soar-in-world-market\/article71002045.ece\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hutti Gold Mines Company Limited, Karnataka\u2019s state-owned firm, is India\u2019s only primary gold producer with ancient mining origins. Read more about Hutti Gold Mines Company Limited (HGML), Production, News<\/p>\n","protected":false},"author":23,"featured_media":105018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[7701,21,22,23],"class_list":{"0":"post-104813","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-hutti-gold-mines-company-limited","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/104813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=104813"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/104813\/revisions"}],"predecessor-version":[{"id":105623,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/104813\/revisions\/105623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/105018"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=104813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=104813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=104813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}