India’s
first Gold mine auction: Vedanta Private Limited
The distinction of auctioning its first gold mine in India,from the
state of Chattisgarh,takes 140 km from Raipur. Vedanta Private Limited quoting the
highest bid of 12.55 per cent of IBM (Indian Bureau of Mining) price of Rupees
74,712/ troy ounce (1 troy ounce = 31.10 gram) to win the gold mine against three
other bidders.
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