Latest Development

Owais Metal And Mineral Processing Limited. Acquires Bhukia-Jagpura Gold Mine

We are thrilled to announce that our Managing Director and Promoter, Mr. Saiyyed Owais Ali, has been declared the Preferred Bidder for the Bhukia-Jagpura Gold Mining Lease Block in the Banswara district of Rajasthan.

Mr. Saiyyed Owais Ali (MSTC Regn. Number: 502742), Director of Owais Metal and Mineral Processing Limited, has successfully submitted the Highest Final Price Offer, positioning us as the Preferred Bidder for this significant block.

We are pleased to share this remarkable progress in our operations.

Mining Block Details

Explore the key information and progress made by Owais Metal And Mineral Processing Limited.

Tender Process

  • Tender Announcement: 08/03/2024

Competitors:

  • Hirakund Natural Resources Limited, Ahmedabad (Adani Group)
  • Ramgad Mineral and Mining Limited, Karnataka
  • Hindustan Zinc Limited, Udaipur (Vedanta Group)
  • Jindal Power Limited, Chhattisgarh

Location and Size

The Bhukia-Jagpura Gold Mine is located in Bhukia Jagpura, Tehsil- Ghatol & Ganoda, District- Banswara, Rajasthan. It spans 940 hectares (9.4 sq km) with an estimated reserve of 113.52 Million Tonnes.

Operational Plans

We plan to commence operations in 2025-2026, Utilizing Open Cast Mining techniques and automation, backed by our extensive industry experience.

Strategic Importance:

This acquisition is a significant milestone for Owais Metal And Mineral Processing Limited, enhancing our portfolio and positioning us for long-term growth. The strategic location and rich reserves offer substantial potential for expansion and profitability.

Community and Economic Impact:

The project is expected to generate significant employment opportunities and drive economic development in the local community, reinforcing our commitment to social responsibility and sustainable development.

Statements from Leadership:

Mr. Saiyyed Owais Ali, Director

"Our acquisition of the Bhukia-Jagpura Gold Mine underscores our commitment to sustainable growth and excellence in the mining sector. We are dedicated to responsible mining practices, ensuring environmental stewardship, and creating value for all stakeholders."