Hutti Gold Mines Company Limited Unlisted Share price

Hutti Gold Mines Company Limited (HGML), a Government of Karnataka undertaking, holds the unique distinction of being the only producer of primary gold in India. Established in 1947 as Hyderabad Gold Mines, HGML has been a pioneer in the exploration, development, and exploitation of gold deposits in the Karnataka region. The company is dedicated to the mining of gold, contributing significantly to the country's gold production. HGML operates with a strong presence through its two units: the Hutti Gold Unit (HGU) located in Raichur district and the Chitradurga Gold Unit (CGU) in Chitradurga district, with an additional operating mine at Ajjanahalli in Tumkur District. Among these, HGU is a fully integrated facility, boasting a substantial production capacity of 5,50,000 tonnes per annum. Headquartered in Bangalore, HGML has made substantial advancements in gold mining technology and operations, maintaining a leadership role in the domestic gold industry. With its rich history, state-of-the-art mining capabilities, and strategic geographical spread across Karnataka, HGML continues to make a significant impact on India’s gold mining sector while exploring new ways to improve efficiency, sustainability, and resource management.