October 2, 2026, Friday
English

Study for Macchim copper mining started

Main News Image

Kathmandu. A study has been started for copper mining in Machchim, Dhawalagiri Rural Municipality-7, Myagdi. The company 'MS Dongyi Minerals' Pvt. Ltd., which has received permission from the Department of Mines and Geology, has started the study for prospecting and mining of copper mines. In Pakho, which is close to Macchim village, copper mines in six places have been closed for five decades.

Ashok Khatri, the ward president of Dhawalagiri-7, said that a team of geologists had come for a study to identify the amount of copper in the mine. "The team that came last week inspected the place where the copper mine was in the first phase", he said, "The team has also discussed the construction of the access road to the place where the mine is."

Ward president Khatri said that after the exploration and feasibility study of the mine, the process of excavation will be carried out in the next phase. Locals have expressed their happiness that studies have been started for mining. Kul Bahadur Chantyal, a resident of Macchim, said that to avoid environmental and disaster incidents, we should exercise caution and give priority to those affected in employment. According to him, copper was being extracted from Machhim mine by 2028 using local technology.

Chantyal said that due to the lack of technology and having to pay taxes to the state more than the income, the copper mine was closed at that time. There is a history of the Chantyal community who came for copper mining settling in Macchim. The ancestral profession of the Chantyal community is mining.

mediabaaji add

Related News

The price of gold and silver fell sharply, how much per tola on Sunday?

Kathmandu. The price of gold in the Nepali market today has fallen drastically. Gold fell by Rs 4,500 per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 294,000 rupees per tola today.

Special discount for NMB Bank customers at Medanta Hospital in India

Kathmandu. NMB Bank has arranged a special health service discount at Medanta Hospital in India for its Visa debit and credit card holders. With this collaboration, customers can now get attractive discounts on various healthcare services at Medan...

What is the exchange rate of which foreign currency on Monday?

Kathmandu.  Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. The...

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...

Share price increase of five companies, how much has increased?

Kathmandu. On the first day of the week, i.e. Sunday, the stock market fell by double digits. Today, the NEPSE index decreased by 26.51 points to 2649.52 points. Share prices of 45 companies from different sectors have...

12,000 shares of Kalika Micro Finance are on sale for general public

Kathmandu. Kalika Microfinance Financial Institution has put founder shares on sale. The company has put 12 thousand 184 shares in the founder's name in the founder's sale. Any person or company who wants to buy the said shares can submit a purcha...