NEW DELHI | Aug 23, 2017: Centre-run Hindustan Copper today said operations at its Surda copper mine in Jharkhand have been restarted following the appointment of a new contractor.

The mining operation at the copper mine was closed after India Resources Ltd (IRL) unilaterally terminated the operation and maintenance contract with effect from June 2, the company said in a filing to BSE.

"The operation and maintenance of Surda mine and Mosaboni Concentrator plant has been re-started with effect from August 21, 2017 by Shriram EPC Ltd, on the same terms and condition of the earlier contract," the company said.

Surda mine has the production capacity of 4 lakh tonne per annum.

Hindustan Copper, a public sector undertaking under the administrative control of the Mines Ministry, manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.

In 2016-17, as per provisional estimates, the company earned a net profit of Rs 61.94 crore over sales turnover of Rs 1,216.94 crore.

HCL's mines and plants are spread across five operating units, one each in the states of Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat.

(Source: http://www.newindianexpress.com/)