From The Economic Times · ET Bureau · · 1m
Deccan Gold shifts to production
Deccan Gold moves from exploration to gold production and critical minerals.
In brief
Deccan Gold moves from exploration to gold production and critical minerals. Deccan Gold Mines is transitioning from exploration to commercial production in India and Kyrgyzstan while expanding into critical minerals. Originally reported by The Economic Times.
Deccan Gold shifts business model
Deccan Gold Mines, a private-sector gold mining company, shifts from exploration-led business to multi-asset producer.
Investments yield production
The company invested about Rs 600 crore in project development since 2020, now translating into operating assets, production and jobs.
Jonnagiri Gold Project production
Jonnagiri Gold Project produced 89.7 kg of gold in Q1 FY27, with 59 kg sold and 1,000 local jobs created.
Altyn Tor Gold Project launch
Altyn Tor Gold Project in Kyrgyz Republic started early commercial operations after September 12 inauguration.
Critical minerals expansion
Deccan Gold expands into nickel-copper-PGM assets in Chhattisgarh, lithium-tantalum in Mozambique and tungsten-tin in Spain.
Critical minerals applications
Critical minerals are used in batteries, energy storage, electronics, automobiles, defence and advanced manufacturing.
The takeaway
Deccan Gold Mines is transitioning from exploration to commercial production in India and Kyrgyzstan while expanding into critical minerals.
