Hindustan Copper is planning to develop two greenfield copper mines in Rajasthan

Hindustan Copper is planning to develop two greenfield copper mines in Rajasthan and Jharkhand through the joint venture and contract mining route. The project involves developing the 26-million-tonne Banvas block in Rajasthan through contract mining and the 80-million-tonne Chapri-Sideshwar reserve in Jharkhand through a joint venture with strategic partner. As of December 2007, the company is planning to invite expression of interest for the proposed joint venture once the mining lease is awarded by the Jharkhand Government. While development of the Banvas reserve, including setting up of a concentration plant, is estimated to cost Rs 2000-3000 million, the Jharkhand project is estimated to cost Rs.6000 million.

Contact

Hindustan Copper Ltd, Plant: Khetri Copper Complex, P O Khetrinagar, Dist. Dist. Jhunjhunu-333504. Tel: 01593-20003 Fax: 20002 Mr S.C. Gupta, CMD

Hindustan Copper Ltd, Tamra Bhavan, 1 Ashutosh Chowdhury Avenue, Kolkatta -700019. Tel: 22408940\ 22402409\ 22407805] Fax: 22478640 Mr. U. Sen, Dir. Mr. I.N. Banerjee, Corp.Mgr.