Hutti in Karnataka, India's only functional gold mine, dazzles as prices soar in world market

The article highlights the significant financial gains of Hutti Gold Mines Company Ltd. (HGML), India's only functional gold mine in Karnataka, due to soaring global gold prices and improved ore recovery grade. It details the company's revenue, profit, and production figures for 2025-26, noting that Hutti's production meets less than 1% of India's demand. The article also provides a brief history of gold mining at Hutti, from pre-Ashokan times to modern operations, and mentions the company's expansion plans and estimated remaining gold reserves.