{"id":59453,"date":"2020-02-23T18:15:11","date_gmt":"2020-02-23T12:45:11","guid":{"rendered":"http:\/\/www.altnews.in\/english-clone-2026\/?p=59453"},"modified":"2020-02-25T00:17:55","modified_gmt":"2020-02-24T18:47:55","slug":"how-indian-media-fooled-the-nation-about-a-massive-discovery-of-gold-reserves","status":"publish","type":"post","link":"https:\/\/www.altnews.in\/english-clone-2026\/how-indian-media-fooled-the-nation-about-a-massive-discovery-of-gold-reserves\/","title":{"rendered":"How Indian media fooled the nation about a massive discovery of gold reserves"},"content":{"rendered":"

The news of discovery of gold mines with 3,500 tonnes of gold reserve in Uttar Pradesh\u2019s Sonbhadra district first broke on the Feb 20th in regional papers. By February 22nd, 2020, the entire Indian media was abuzz with the news that Sonbhadra gold mines had gold deposits estimated to be around 3,350 tonnes and worth Rs 12 lakh crore, which is almost five times India’s current gold reserve. The reports quoted a District Mining Officer and estimated that with this find, India’s current gold reserve of 626 tonnes, would jump to second place in the world behind US which holds 8,133.5 tonnes of gold. Even though the reports mentioned \u2018gold deposits\u2019, they equated it to actual gold mined and added the entire 3350 tonnes to India\u2019s current gold reserve. Such exuberant reporting continued till later in the day when Geological Survey of India intervened and denied making any such discovery. In this article Alt News will trace how the Indian media fell for unverified news.<\/p>\n

The coverage in Jagran news<\/em><\/a> specified that it is a discovery of gold ore and it quoted Dr Rohtash, professor of Geology of BHU, who explained that the amount of gold that can be extracted from it depends on the grading of the deposit. However, this is not how it was interpreted by the time the news reached English media.<\/p>\n

One of the earliest tweets on Feb 20th interpreting 3,350 tonnes of gold ore as 3,350 tonnes of actual gold mined was Mahesh Hegde, founder of the dubious website, Postcard News<\/em>. Hegde linked the finding to India\u2019s gold reserves implying that the entire 3,350 tonnes will be added to India\u2019s gold reserves. This line of thinking was subsequently parroted by several mainstream media outlets.<\/p>\n

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3500 tonnes of GOLD found in Sonbhadra, UP<\/p>\n

Extraction work will soon begin<\/p>\n

Credit goes to Geological Survey of India for working behind this since 2005<\/p>\n

Prior to this India’s Gold reserves in world was 618.2 tonnes<\/p>\n

Once again India will be called Golden Bird (Sone Ki Chidiya)<\/p>\n

\u2014 Mahesh Vikram Hegde (@mvmeet) February 20, 2020<\/a><\/p><\/blockquote>\n

On Feb 21st, the news was published by ANI<\/em>. Curiously the ANI<\/em> story quoted<\/a> the District Mining Officer, KK Rai who claimed that Gold deposits were 2700 \u2018million\u2019 tonnes in Son Pahadi and 650 \u2018million\u2019 tonnes in Hardi field. State broadcaster Doordarshan<\/em> also tweeted the news and the statement of the mining officer. The tweet is now deleted.<\/p>\n

\"\"<\/p>\n

A widely quoted story by Times of India<\/em> and Economic Times<\/em><\/a> researched the value of gold reserves of different countries and estimated that with this discovery, India’s gold reserve would jump to second place behind the US.<\/p>\n

It is noteworthy that almost all the media outlets took the line of thinking that gold ore is the same as gold extracted. A Money Control<\/em> report<\/a> was a little more specific about the discovery being \u2018gold ore\u2019 which gave a clue that the actual gold extracted would only be a fraction of the amount. However, like the others, the story here also stated that the discovery was five times India\u2019s current reserve.<\/p>\n

Oblivious to the distinction between gold ore and actual gold mined, there was massive celebration on media as well as social media. Predictably, soon enough, the ruling party in the state was given credit for the discovery. \u201cYogi Adityanath strikes gold\u201d, read a Financial Express<\/em> headline which was extensively shared on social media crediting the Uttar Pradesh Chief Minister for the find.<\/p>\n

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Yogi Adityanath strikes gold! 3,500-tonne goldmine found in Uttar Pradesh’s #Sonbhadra<\/a> district https:\/\/t.co\/8tIB01tdvL<\/a> pic.twitter.com\/Em4Zqh9z1d<\/a><\/p>\n

\u2014 Financial Express (@FinancialXpress) February 21, 2020<\/a><\/p><\/blockquote>\n

Ironically, it was a Financial Express<\/em> article that had earlier<\/a> accurately reported on Feb 21st that the deposits had estimated gold reserves of 52,806 tonne and the inferred grade as 3.04 gram\/tonne.<\/p>\n

The news made it to TV news shows in the most entertaining manner, devoid of any fact-check. From Aaj Tak<\/em> calling India \u2018phir sonay ki chidiya\u2019 to ABP News<\/em> describing the hillock that will change India\u2019s fortunes forever, the TV channels went over the top in describing the find.<\/p>\n