Hindustan Copper to invest Rs 3,435 cr in 8 mining projects

Hindustan Copper Ltd is planning to invest Rs 3,435 crore to execute eight mining projects across the country over the next five years, a top company official said here today.

Work on two projects - Banwas and Khetri - has already commenced and tender for Kolihan mine's expansion is under process.

The proposed expansion of Khetri and Kolihan mines and development of Banwas deposit will increase ore production from 1 million tonne to 3.1 million tonne per annum at an estimated cost of around Rs 538 crore.