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Source: The post is based on the article “NMDC expands its mineral portfolio with inauguration of Mount Celia Gold Operation; Becomes 1st Gold mine in its extensive portfolio” published in “PIB” on 6th November 2023
Why in the News?
Secretary, Ministry of Steel has unveiled the Mining operations at Mount Celia Gold Project located in Western Australia.
What is the Mount Celia Gold Project?
Specifications | Details |
What is it | It is a gold mining project |
Located at | Western Australia |
Initiative of | Legacy Iron Ore Limited, a subsidiary of NMDC Ltd (State-owned Steel CPSE) |
Significance | This is the first gold mine project of NMDC |
What is NMDC?
Aspects | Details |
Established in | 1958 |
Type | Navratna Public Sector Enterprise |
Under | Ministry of Steel |
Functions | Involved in the exploration of minerals like iron ore, copper, limestone etc. |
Significance | 1.It is the single largest producer of iron ore in India. 2.It operates the only mechanized diamond mine in India at Panna, Madhya Pradesh. |
Located at | Hyderabad, Telangana |
UPSC Syllabus: International Relations
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