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Hutti Gold Mines Company Limited (HGML)

May 24, 2026

Hutti Gold Mines, the only functional gold mine in the country, earned a whopping ₹633.34 crores more in 2025-26, thanks to the skyrocketing price of gold in the world market.

About Hutti Gold Mines Company Limited (HGML):

  • It is a Government of Karnataka undertaking established in 1947.
  • It has the unique distinction of being the only producer of primary gold in the country.
  • HGML has been active in the exploration, development, and exploitation of gold deposits occurring in Karnataka.
  • The company's corporate office is situated in Bangalore.
  • It currently processes the ore from the Hutti Gold mine and two satellite mines, the Uti opencast mine and the Heera-Buddinni exploratory underground mine.
  • The Hutti mine is probably one of the most ancient metal mines in the world, dating to the Pre-Ashokan period.

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