Why it is in the news
Telangana has directed officials to explore a joint venture between Singareni Collieries and Hutti Gold Mines, and to speed up exploration at a gold-copper block secured by auction in Karnataka.
The exam angle
Singareni’s unusual State-majority shareholding and the Dharwar Craton geology are the Prelims hooks. For Mains, note that gold import dependence is a demand-side problem, not a supply-side one.