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  1. #1
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    UP's claim of unearthing 5 times India's gold reserves refuted by GSI

    3,000-Tonne Gold Reserve, 5 Times India's Current Deposit, Found In UP

    Sonbhadra, UP: Gold deposits estimated to be around 3,000 tonnes and worth Rs 12 lakh crore have been discovered in the Sonbhadra district of Uttar Pradesh by the Geological Survey of India (GSI), almost five times India's current reserve of the precious metal.
    The gold deposits were found in Son Pahadi and Hardi areas here, district mining officer K K Rai said on Friday.

    Work on finding gold reserves in Sonbhadra was started almost two decades back in 1992-93 by the Geological Survey of India, he said, adding that auctioning of these blocks through e-tendering would start soon.

    The deposits in Son Pahadi are estimated to be around 2,943.26 tonnes, while that at Hardi block are around 646.16 kilogram, the official said.

    He added that besides gold, some other minerals have also been found in the area

    As per the World Gold Council, India currently has 626 tonnes of gold reserves. The new reserves are almost five times that amount and estimated to be worth nearly Rs 12 lakh crore.

    The British reportedly were the first to initiate the process of finding gold reserves in Sonbhadra region, which is more in the news for being a Naxalism-affected area.

    Sonbhadra - the second largest district of Uttar Pradesh - is the only district in the country which shares its borders with four states -- Madhya Pradesh to the west, Chhattishgarh to the south, Jharkhand to the south-east and Bihar to the east.

    https://www.ndtv.com/cities/around-3...bhadra-2183897

  2. #2
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    Jeez.
    Imagine if the British hadnít stolen so much from Undivided India

  3. #3
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    Lol on twitter indians are jumping around that itís due to modi

  4. #4
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    ram mandir trust announcement
    3000 tonnes worth gold found
    $5 trillion economy in next 6 years


    aap chronology samaj leejiye

  5. #5
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    A find of this magnitude could drop the price of gold.

  6. #6
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    3000 tonnes of gold ? Wow, wonder what the dollar value for that would be... half a trillion ?

  7. #7
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    Will go to the pockets of corporates and politicians, with nothing going to the common man. Expect more bloodshed between the naxalites (maoist local people fighting for their lands and rights) and the state.

  8. #8
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    Quote Originally Posted by Romali_rotti View Post
    3000 tonnes of gold ? Wow, wonder what the dollar value for that would be... half a trillion ?
    150 bil?

  9. #9
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    I don't care how much gold has been found,politicians will show their greed and fight with each other instead of investing on developments.

  10. #10
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    Wow that really is a huge amount which makes me doubt this news

  11. #11
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    ACcording to M Sridhar, director general at GSI, 52,806.25 tonnes of gold ore were found in Sonbhadra district in Uttar Pradesh during exploration work in 1998-2000

    From this reserve, only 160 kg of gold can be extracted. Earlier, UPDGM had claimed that gold reserves of around 3,000 tonne had been found in the aforesaid district.

    https://www.google.com/amp/s/wap.bus...2200816_1.html

  12. #12
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    Maybe even the members of UP Geological Survey of India are as fool hardy as the rest of the state.

    Such a burden this state has become to India with its fertility rate and politics.

    Even that amount of Gold wouldnít had developed it, canít wait for its division hopefully in next 10 years.

  13. #13
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    Good for India.

    But, it is very likely this money will go to politicians and elites. Regular people may not see the light of it.


    Bangladeshi Fan

  14. #14
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    hold ur horses GSI just clarified it to be 160 kg of gold !

    But who knows the corrupt govt. officials made GSI govt. employees to issue press release saying official data as 160 kg gold so that these politicians can secretly mine 3500 tonnes - 160 kg = gold into their pocket & to the world they will show only 160 kg !

    quite possible in third world countries

  15. #15
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    LMAO.. glad Modi ji didn't tweet it out or this would have led to some major embarrassment. :

  16. #16
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    Was there some kind of gold palace in ancient times? Does anyone know how so much gold accumulated there?

  17. #17
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    Quote Originally Posted by Slog View Post
    Lol on twitter indians are jumping around that itís due to modi
    Let Modi take credit for this.

  18. #18
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    Wrong news. Only 160 kgs of gold has been found.

    https://timesofindia.indiatimes.com/...JWJqJZSpszaF8i

  19. #19
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    Quote Originally Posted by BaankeJi View Post
    Wrong news. Only 160 kgs of gold has been found.

    https://timesofindia.indiatimes.com/...JWJqJZSpszaF8i
    Not even close to 3000 tonnes lol

  20. #20
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    Wait, did Cows excrete this gold, with all that is yellow? Should test if it's radioactive! 😆

  21. #21
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    Quote Originally Posted by BaankeJi View Post
    Let Modi take credit for this.
    Itís always funny to see right wing religious fundamentalists have things blow up on their face and be left embarrassed...

    Indians on twitter were jumping up and down saying Ram is rewarding and itís his gift due to Ram mandir

  22. #22
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    seems no one even cares news like this back in india.. but some jobless OP start threads like this to get some attention .. LoL

  23. #23
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    Quote Originally Posted by globalcitizen View Post
    seems no one even cares news like this back in india.. but some jobless OP start threads like this to get some attention .. LoL
    It was biggest news on indjan twitter circle.

    Lot of verified twitter indians shared it.

  24. #24
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    Quote Originally Posted by Slog View Post
    It was biggest news on indjan twitter circle.

    Lot of verified twitter indians shared it.
    Not to mention major news agencies such as Reuterís & Bloomberg ran the story.
    Even NDTV are not a small organisation

  25. #25
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    Quote Originally Posted by Slog View Post
    It was biggest news on indjan twitter circle.

    Lot of verified twitter indians shared it.
    We know the credibility of news channels today, they just need some tidbit news to keep the boat floating.. they donít even do investigative journalism these days, just quoting sources..
    The official government sources have not even reported this and donít see any point in discussing it, unless attention seeking ppl like OP LoL

  26. #26
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    Quote Originally Posted by Slog View Post
    Itís always funny to see right wing religious fundamentalists have things blow up on their face and be left embarrassed...

    Indians on twitter were jumping up and down saying Ram is rewarding and itís his gift due to Ram mandir
    So you are more interested in twitter opinion rather than official government confirmation. Modi did not declare this to whole world , it was said by some random mining officer .. news channels are ones to be embarrassed atleast they learn their lesson now LoL


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