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NMDC Adds First Gold Mine to its Extensive Mineral Portfolio with Mount Celia Gold Operation

Mount Celia Gold Operation

Mount Celia Gold Operation – Shri Nagendra Nath Sinha, Secretary, Ministry of Steel, today announced the start of mining activities at the Mount Celia Gold Project in Western Australia.

This project, launched by Legacy Iron Ore Limited, a subsidiary of the State-owned Steel CPSE, NMDC Ltd, has been welcomed with great enthusiasm and is a tribute to NMDC’s unwavering dedication and commitment to diversifying its mineral assets.

What distinguishes this moment is the establishment of the first gold mine in NMDC’s wide portfolio, which represents a significant milestone for the organization.

This historic event also marks the conclusion of a lengthy procedure that included obtaining the essential governmental approvals and settling the mining contract with Bain Global Resources.

Mount Celia Gold Operation

It is worth noting that surface and mine infrastructure construction has advanced quickly, paving the way for ore mining to begin in the Blue Peter pits in the coming weeks. Paddington Gold Mine’s first ore for processing is expected for CYQ1, 2024, and it is positioned to become a substantial contribution to India’s gold production landscape.

The Ministry of Steel is pleased to share this outstanding achievement, as NMDC, a Public Sector Undertaking (PSU) under the Ministry of Steel, continues to play an important role in the development of India’s mining and natural resources sector.