Jonnagiri Gold Project Set To Begin Operations In June
COAL & MINING

Jonnagiri Gold Project Set To Begin Operations In June

The Jonnagiri Gold Mining Project in Tuggali mandal of Kurnool district is poised to begin full-scale operations by mid-June. The formal inauguration is expected in the second or third week of June, depending on the schedule of Chief Minister N Chandrababu Naidu, according to B Karthikeyan, Managing Director of Thriveni Earthmovers and Director of Geomysore Services India Pvt Ltd. The mining lease was granted in 2013 and, after securing statutory clearances, the project is now ready for commercial production.

Thriveni Earthmovers holds the majority stake with participation from Lloyds Metals Group, bringing financial strength and technical expertise. Preparatory work has been completed and the workforce comprises around 90 per cent people from Kurnool district to support regional development. The processing plant completed a trial run handling 1,000 tonnes (t) per day and, once permanent machinery is installed, capacity will rise to 2,500 t a day.

Ambitious production targets have been set, with an initial annual output target of 800 kilogram (kg) in 2026-27 to be scaled up to 1,000 kg in subsequent years. The district collector inspected the site and underscored the importance of timely execution, directing revenue authorities to expedite pending land acquisition and interdepartmental coordination for swift clearances. Site infrastructure includes a processing plant, a tailings dam reservoir, waste management systems, power facilities and administrative buildings.

Project proponents contend it will set new benchmarks in operational efficiency, sustainability and community engagement and help unlock the district’s mineral potential. Comparisons were drawn with established producers such as China, Australia and South Africa to underline the scope for a sustained domestic industry. As organised mining commences, the long standing local practice of searching for gold particles in fields after the monsoon is likely to fade as residents move towards more stable livelihoods.

The Jonnagiri Gold Mining Project in Tuggali mandal of Kurnool district is poised to begin full-scale operations by mid-June. The formal inauguration is expected in the second or third week of June, depending on the schedule of Chief Minister N Chandrababu Naidu, according to B Karthikeyan, Managing Director of Thriveni Earthmovers and Director of Geomysore Services India Pvt Ltd. The mining lease was granted in 2013 and, after securing statutory clearances, the project is now ready for commercial production. Thriveni Earthmovers holds the majority stake with participation from Lloyds Metals Group, bringing financial strength and technical expertise. Preparatory work has been completed and the workforce comprises around 90 per cent people from Kurnool district to support regional development. The processing plant completed a trial run handling 1,000 tonnes (t) per day and, once permanent machinery is installed, capacity will rise to 2,500 t a day. Ambitious production targets have been set, with an initial annual output target of 800 kilogram (kg) in 2026-27 to be scaled up to 1,000 kg in subsequent years. The district collector inspected the site and underscored the importance of timely execution, directing revenue authorities to expedite pending land acquisition and interdepartmental coordination for swift clearances. Site infrastructure includes a processing plant, a tailings dam reservoir, waste management systems, power facilities and administrative buildings. Project proponents contend it will set new benchmarks in operational efficiency, sustainability and community engagement and help unlock the district’s mineral potential. Comparisons were drawn with established producers such as China, Australia and South Africa to underline the scope for a sustained domestic industry. As organised mining commences, the long standing local practice of searching for gold particles in fields after the monsoon is likely to fade as residents move towards more stable livelihoods.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement