A Parliamentary committee has urged the Mines Ministry to expedite the monetisation of around 33 million tonnes of gold-rich tailings dumps at Bharat Gold Mines Ltd (BGML) in Kolar Gold Fields, Karnataka.
Gold mine tailings dumps are massive storage facilities containing crushed rock, water, and processing chemicals left after extracting gold. They pose significant risk to environment.
BGML is a PSU under the Mines Ministry which has remained closed since 2001. The 2026-27 budget has allocated of ₹8.75 crore for its maintenance.
Govt exempts tailing recycling in mines from fresh green clearance
The Standing Committee on Coal, Mines and Steel said in its latest report that approximately 33 million tonne of tailings dumps at KGF, containing recoverable quantities of gold and other precious metals, have been identified for monetisation.
