Granite mining

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold

Granite mining hits rock bottom

State-owned rock producer Maddhapara Granite Mining Company Ltd (MGMCL) could not resume granite production for more than three months. The reason is a crisis of explosives, leaving the government to incur a production loss worth around Tk 1 crore per day.

January 21, 2024
January 21, 2024

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold

August 27, 2022
August 27, 2022

Granite mining hits rock bottom

State-owned rock producer Maddhapara Granite Mining Company Ltd (MGMCL) could not resume granite production for more than three months. The reason is a crisis of explosives, leaving the government to incur a production loss worth around Tk 1 crore per day.

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