Articles tagged under: GMDC

Gujarat PSUs Outperform Sensex, Nifty in H1 FY 2025-26; GMDC Shares Soar 125%: Govt

September 30, 2025
Gujarat PSUs Outperform Sensex, Nifty in H1 FY 2025-26; GMDC Shares Soar 125%: Govt

Gandhinagar: Gujarat's Public Sector Undertakings (PSUs) showed an impressive performance on the stock exchanges in the first six months of the financial year 2025-26, outperforming benchmark indices like the BSE Sensex and NSE Nifty, an official statement said today. Data from stock exchanges indicate that Gujarat State Fertilizers and Chemicals Limited (GSFC), Gujarat Gas Limited, Gujarat State Petronet Limited (GSPL), and Gujarat Mineral Development Corporation (GMDC) have registered positiv...Read More

Indian Bureau of Mines Approves Ambaji Copper Project Plan

September 22, 2025
Indian Bureau of Mines Approves Ambaji Copper Project Plan

Gandhinagar: Gujarat Mineral Development Corporation (GMDC) Ltd. today announced the commencement of the Ambaji Copper Project. Currently, India imports 90% of the total copper used in the country. With this integrated mining and beneficiation setup at the Ambaji Copper Project, the nation is expected to see large-scale output and long-term resource stability. Strategically located in Gujarat’s mineral-rich belt, the project integrates exploration, mining, and beneficiation in a single, stat...Read More

GMDC to expand lignite mining with three new sites

April 02, 2025
GMDC to expand lignite mining with three new sites

Ahmedabad: The Gujarat Mineral Development Corporation (GMDC) is set to expand its lignite mining operations, with three new mines scheduled to begin production this financial year. GMDC will start operations at the EFG Valia and Damlai mines in Bharuch, along with the Lakhpat (Punrajpur) mine in Kutch. These sites are part of a larger plan to develop six new lignite mines, holding a total reserve of 483 million tonnes. Among them, EFG Valia will be the largest, with a peak capacity of 5 millio...Read More

Gujarat govt to set up ‘Critical Minerals Observatory & Intelligence Centre’

February 21, 2025
Gujarat govt to set up ‘Critical Minerals Observatory & Intelligence Centre’

Gandhinagar: The Gujarat government will set up the Gujarat Critical Minerals Observatory & Intelligence Centre. Finance Minister Kanubhai Desai has provisioned an allocation of Rs. 10 crore in the FY 2025 budget, which he presented on February 20th in the State Assembly. The allocation for the proposed Observatory and Intelligence Centre has been made under the budget head of the Industry and Mines department. The purchase of 39 new vehicles (Bolero) for the office of the Commission...Read More