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nov 04, 2019 gold mining in india: the future. gold mines and production. due to the fact that hutti is the source of indias gold production, the company is setting up milestones that it is eager to hit reserves, technology and market for gold, the price of which has soared to over Rs 47,000 per grams now. hutti gold mines company limited a karnataka government undertaking, operates one unit each in raichur and chitradurga districts. currently, hgml is producing 1,700 kg per annum. within months, the plan is tojun 03, 2019 hgml sag mill discarge end bolts closing date 019 tender amount hutti gold mines company limited tender in karnataka