New hope for power-starved states as GSI identifies vast coal reserves

Besides, an estimated 2,235 million tonnes of limestone of various industrial grades identified in Litang valley of Meghalaya have tremendous scope to bolster the rapidly developing cement and steel industries, the release said.

GSI had also identified about 8.4 million tonnes of gold ore with precious metal content of 18, 215 kg in Rajasthan, Kerala, Madhya Pradesh and Maharashtra, the release said.

The resource potential of platinum group of metals in Baula Nuashalvi deposit wasestimated to be 14.20 million tonnes and that of lead-zinc ore, to satisfy a part of the domestic market demand, was 17.6 million tonnes.

During 1999-2000, GSI will churn out projects to accelerate search for precious ores of gold, diamond, platinum group, coal, lignite and granites with special emphasis on ferrous and fertiliser minerals, the release added.