Hindustan Zinc Limited, the world’s second-largest integrated zinc producer and third-largest silver producer, has achieved a significant milestone by winning a composite license for a gold mining block in Rajasthan.
The company was declared the “Preferred Bidder” for the Dugocha Gold Block in the Rajasthan state government auctions held on November 13, 2024, as confirmed by the Department of Mines & Geology on November 15, 2024.
This strategic win represents a critical milestone in Hindustan Zinc’s growth trajectory, confirming its position as a leading leader in the precious metals industry.
This aligns with Hindustan Zinc’s long-term strategy of acquiring high-quality assets with significant mining potential. The block, situated in Salumber, Rajasthan, covers 472 hectares and is now at the G3 exploration level, with an estimated 1.74 Mt of resources at 1.63g/t gold. The company, with its in-house experience in exploration and mining, is well-equipped to unleash significant development opportunities from this asset
