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Lae to set up gold refinery Papua New Guinea Mine Watch. Jul 23, 2011 · The proposed plant will have the refining capacity to process 350 kilograms of gold on a daily basis and 90 tonnes annually with an estimated US$2 billion of gold ore exported annually.
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12-2-2013 · These have about 30 tonnes of annual accumulative capacity. Considering an average investment of Rs 30 crore for setting up a one-tonne refinery, this year, the gold refining business is set to see investments worth Rs 900 crore,” he added. Through several years, many gold jewellers have set up their own refineries.
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1994 - The company changed its name to the present name on 21st March and received a fresh certificate of incorporation from the Registrars of Companies, Maharashtra at Bombay. 2000 - The company shall set-up and implement Gold Refinery Project with technical assistance from M/s. Handy & Harman, USA.