We are thrilled to announce that our Managing Director and Promoter, Mr. Saiyyed Owais Ali, has been declared the Preferred Bidder for the Bhukia-Jagpura Gold Mining Lease Block in the Banswara district of Rajasthan. Mr. Saiyyed Owais Ali (MSTC Regn. Number: 502742), Director of Owais Metal and Mineral Processing Limited, has successfully submitted the Highest Final Price Offer, positioning us as the Preferred Bidder for this significant block. We are pleased to share this remarkable progress in our operations.
The Bhukia-Jagpura Gold Mine is located in Bhukia Jagpura, Tehsil- Ghatol & Ganoda, District- Banswara, Rajasthan. It spans 940.26 hectares (9.40 sq km) with an estimated reserve of 113.52 million tons valued at ₹110000 crore.
We plan to commence operations in April 2026, utilizing advanced underground mining techniques and automation, backed by our extensive industry experience.
This acquisition is a significant milestone for OMMPL, enhancing our portfolio and positioning us for long-term growth. The strategic location and rich reserves offer substantial potential for expansion and profitability.
Mr. Saiyyed Owais Ali, Director
"Our acquisition of the Bhukia-Jagpura Gold Mine underscores our commitment to sustainable growth and excellence in the mining sector. We are dedicated to responsible mining practices, ensuring environmental stewardship, and creating value for all stakeholders."
Mrs. Ayushi Porwal, General Manager
"This strategic acquisition allows us to expand our operations and enhance our economic impact in the region. We are focused on maximizing efficiency and fostering positive community relations."
The project is expected to generate significant employment opportunities and drive economic development in the local community, reinforcing our commitment to social responsibility and sustainable development.