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Indian Gold Book:Indian Gold Book - Gold Bars Worldwide

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Year Tonnes Year Tonnes<br />

1970 3.241 1986 1.931<br />

1971 3.656 1987 1.864<br />

1972 3.290 1988 1.944<br />

1973 3.278 1989 1.827<br />

1974 3.145 1990-91 2.077<br />

1975 2.825 1991-92 2.041<br />

1976 3.152 1992-93 1.850<br />

1977 3.014 1993-94 2.075<br />

1978 2.774 1994-95 2.373<br />

1979 2.637 1995-96 2.036<br />

1980 2.452 1996-97 2.710<br />

1981 2.495 1997-98 2.636<br />

1982 2.244 1998-99 2.683<br />

1983 2.154 1999-00 2.586<br />

1984 1.989 2000-01 7.554<br />

1985 1.853 2001-02 9.000 *<br />

Source: <strong>Indian</strong> Bureau of Mines. * Estimated.<br />

India’s domestic gold output has grown from less than 2.6 tonnes to 9 tonnes over the past 3 years, due to<br />

Birla Copper (Gujarat) producing gold as a by-product of imported copper concentrates.<br />

The <strong>Indian</strong> Bureau of Mines, established in 1948, falls under the Department of Mines within the Ministry of<br />

Coal and Mines.<br />

Its national headquarters in Nagpur (Maharashtra) has 6 technical divisions: Mines Control and Conservation of Minerals,<br />

Mineral Economics, Ore Dressing, Technical Consultancy, Mining and Mineral Statistics, Planning and Co-ordination. It has<br />

regional and sub-regional offices, as well as laboratories and pilot plants, located throughout the country. Employees: 1,600.<br />

Its functions include approving mining plans and schemes, undertaking geological studies, conducting feasibility studies,<br />

preparing mineral maps, updating the National Mineral Inventory, disseminating information from its data base, evolving new<br />

technologies, and providing consultancy services. It also advises the <strong>Indian</strong> and State governments on issues related to<br />

mineral policy, mineral legislation, trade policy, royalty, taxation and other matters.<br />

The Bureau publishes around 40 books, market survey reports, monographs, bulletins and periodicals each year.<br />

Publications, relevant to the gold industry, include the following:<br />

<strong>Indian</strong> Minerals Yearbook (Annual)<br />

Bulletin of Mineral Information<br />

Monthly Statistics of Mineral Production<br />

GOLD MINING AND EXPLORATION<br />

GOLD PRODUCTION 1970 - 2001<br />

INDIAN BUREAU OF MINES<br />

The headquarters of the <strong>Indian</strong> Bureau of Mines is in Nagpur (Maharashtra).<br />

AN INTRODUCTION TO THE INDIAN GOLD MARKET 165

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