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                       Goa Sudharop Annual Awards
                    January 5, 2011 - 3:45 - 6:30pm
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I have no idea why Nandkumar makes these claims in newspaper articles rather 
than try to publish his findings in a peer-reviewed scientific journal. These 
are pretty bold claims.

Cheers,

Santosh

--- On Tue, 1/4/11, Goanet News Service <[email protected]> wrote:
> 
> Gold deposits in Bhangarachem Goy
> TNN, Jan 4, 2011, 05.19am IST
> 
> 
> PANAJI: Almost 6,000 metric tonne of secondary gold
> deposits worth about Rs 1,20,000 crore lie just 60 metres
> below the ground spread over 40,000 hectares of land in
> North Goa, noted Goan microbiologist Nandkumar Kamat claimed
> in an announcement on Monday.
> 
> This find could put India on top of the gold producing
> nations of the world in the next five years, if the
> Geological Survey of India and the central government
> follows the lead and does prospective digging. This find
> assumes significance because it is biologically refined and
> almost 98% pure gold, says Kamat. Currently, South Africa
> with 36,000 metric tons of gold reserve base and 6,000
> metric tonne of reserve accounts around 40-50% of the world
> reserves, according to the US Geological Survey, Mineral
> Commodity Summaries, January 2007. The remaining 50% of gold
> reserves are shared by the rest of the 192 countries.
> 
> As on date, India stands at number 51 among the gold
> producing nations with a produce of 2,362 kg (2.362 metric
> tonne) of gold per year.
> 
> The entire reserve of India is only 200 metric tonne. But
> this find could turn around the fortunes for the country
> over the next five years, Kamat told TOI.
> 
> As per the 2007 US Geological Survey, Mineral Commodity
> Summaries, 2007, China, has become the largest producer of
> gold with an annual production of 290 metric tonne of gold,
> and adding 800 metric tonne of reserve every year.
> 
> 
> http://timesofindia.indiatimes.com/city/goa/Gold-deposits-in-Bhangarachem-Goy/articleshow/7213882.cms
> 


      
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