Andhra Pradesh Set to Emerge as a Major Gold Hub with 50-Ton Kurnool Reserves

Written by: Team Angel OneUpdated on: 19 Jun 2026, 5:33 pm IST
Andhra Pradesh is likely to become India's largest gold supplier, supported by an estimated 50 tonnes of gold reserves at Jonnagiri and additional prospective mining locations.
Andhra Pradesh Set to Emerge as a Major Gold Hub
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Andhra Pradesh is positioning itself as a major contributor to India's gold production, with state officials projecting that it could become the country's largest supplier in the coming years, as per PTI news report.  

The optimism is driven by substantial estimated reserves at Jonnagiri in Kurnool district and the identification of several other promising mining areas. 

Jonnagiri Emerges as Key Gold Resource 

According to Andhra Pradesh Principal Secretary (Mines) Mukesh Kumar Meena, Jonnagiri is estimated to contain around 50 tonnes of gold.  

Commercial production has already commenced, and Andhra Pradesh Chief Minister N. Chandrababu Naidu is scheduled to officially launch the Jonnagiri gold mining project later this month. 

About 1,500 acres were allotted for mining at Jonnagiri nearly a decade ago. Exploration has so far covered 500 acres, where up to 13 tonnes of gold have been estimated.  

The remaining 1,000 acres are yet to be explored, with officials projecting total reserves of around 50 tonnes. 

Additional Prospective Mining Areas 

Beyond Jonnagiri, the state has identified Ramagiri, Javvakula, Chigurukunta and Bisnatam as potential locations for future gold mining activities. 

According to Mukesh Kumar Meena, gold extraction requires significant capital investment and specialised expertise, which is why the government has opted to award mining rights to private players through a tender process. 

He also noted that recovery rates have declined over time. Processing 1 tonne of mined material now yields only 1 gram of gold, compared with 3 grams previously, while yields below 0.8 grams per tonne are considered uneconomical. 

Read More: VB-G RAM G National Launch to Start from Andhra Pradesh on July 1, 2026! 

Conclusion 

The state estimates 50 tonnes of gold reserves at Jonnagiri, has commercial production underway, and plans further exploration across the remaining mining area while advancing prospects at 4 additional identified locations.   

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 19, 2026, 12:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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