NMDC Marks a Historic Moment as Mount Celia Gold Operation Inaugurated, Becoming the First Gold Mine in its Expansive Portfolio
In a momentous event, the Secretary of the Ministry of Steel, Nagendra Nath Sinha, unveiled the groundbreaking ceremony for the commencement of mining operations at the Mount Celia Gold Project, situated in Western Australia. This milestone, spearheaded by Legacy Iron Ore Limited, a subsidiary of NMDC Ltd, the State-owned Steel CPSE, has generated significant excitement within the industry and underlines NMDC’s unwavering commitment to diversifying its mineral assets. Notably, this development signifies the establishment of NMDC’s very first gold mine, marking an exceptional achievement for the organization.
This momentous occasion also symbolizes the successful conclusion of an extensive process that encompassed securing all essential statutory approvals and finalizing the mining contract with Bain Global Resources. The construction of surface and mine infrastructure has progressed swiftly, laying the groundwork for ore extraction to commence in the Blue Peter pits in the upcoming weeks. The first batch of ore destined for processing at Paddington Gold Mine is scheduled for the first quarter of 2024, positioning it as a significant contributor to India’s gold production landscape.
The Ministry of Steel takes immense pride in sharing this remarkable milestone, as NMDC, a Public Sector Undertaking (PSU) under the Ministry of Steel, continues to play a pivotal role in fortifying India’s mining and mineral resources sector.