May 13, 2026, Wednesday
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

NEPSE rose by 28.73 points, turnover 6.47 billion

Kathmandu - On the second trading day of the week, NEPSE index increased by 28.73 points to reach 2639.37 points. 6.47 billion rupees were traded when 12.4 million shares of 335 companies were bought and sold. While the share price of 214 companie...

Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue

Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue.  The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now...

50 thousand shares of Nepal Life in the auction, everyone can buy

Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.

The minimum price pe...

Pokhara-Muglin road: The deadline for the western section has been extended for the third time

Kathmandu. Under the Prithviraj Highway, Pokhara-Muglin Road Expansion and Upgrading Project has been extended for the third time for the western section. This highway, which connects the tourist capital Pokhara to the federal capital Kathmandu, i...

Increase in the price of petroleum products

Kathmandu. The price of petroleum products has decreased. According to Nepal Oil Corporation, Indian Oil Corporation has reduced the price of diesel and kerosene while increasing the price of petrol. 

People's Hydropower will sell 5 lakh shares of Upper Hewakhola

Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded...