Hutti Gold Mines Company Limited Shares

Hutti Gold Mines Company Limited (HGML) is a prominent gold mining company located in Karnataka, India. Established in 1947, it was originally known as Hyderabad Gold Mines and has played a significant role in India's gold production landscape. HGML is one of the few companies in India that continues to produce gold through traditional mining methods, especially following the closure of the Kolar Gold Fields in 2001. The company has a total annual production of approximately 3 tonnes of gold from its operations. Mining Techniques and TechnologiesHGML employs advanced mining techniques, including cyanide leaching for extracting gold from quartzite matrices. For gold embedded in sulphides, HGML has developed a biotechnological method in collaboration with the Indian Institute of Science, utilizing bacteria like Thiobacillus ferrooxidans to oxidize sulphides and reveal native gold13. This innovative approach not only enhances gold recovery but also allows for the extraction of other pr...