In which Company won Indias first ever auction of a gold mine on February 26, 2016

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In which Company won India’s first ever auction of a gold mine on February 26, 2016

A	Vedanta Ltd
B	Goldcorp
C	Kinross Gold
D	Maaden

Explanation:

Detailed explanation-1: -New Delhi: Vedanta Ltd has won India’s first-ever auction of a gold mine, a state government official said, as the nation opens up the sector to private companies to curb overseas purchases of the metal that cost it $36 billion last year.

Detailed explanation-2: -At present, Hutti in Raichur district is the biggest gold mine in India.

Detailed explanation-3: -Kolar mines are one of the deepest mines in the world. Gold in small quantities is also extracted from the Ramgiri region of Anantpur district in Andhra Pradesh.

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