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Deccan Gold Mines on track to commission its project in Kyrgyzstan
Deccan Gold Mines on track to commission its project in Kyrgyzstan

Time of India

time08-07-2025

  • Business
  • Time of India

Deccan Gold Mines on track to commission its project in Kyrgyzstan

Deccan Gold Mines Ltd (DGML) on Tuesday said its flagship Altyn Tor Gold project in Kyrgyzstan has achieved a major construction milestone and will commission its crushing and milling circuit in the second half of 2025. The project, located in Kyrgyzstan's gold-rich mountains, is operated by Avelum Partners LLC, in which Deccan Gold holds a 60 per cent controlling interest. Once operational, it will become the first Indian-owned gold production facility in Central Asia. "With the ball mill foundation laid and key equipment fabrication accelerating, we are on track for timely commissioning - proof that responsible mining and rapid execution can go hand in hand," Managing Director Hanuma Prasad Modali said in a statement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Wat vrouwen 60+ doen tegen urineverlies – zonder medicijnen Damesondergoed Meer informatie Undo Pumps, compressors and conveyors have been ordered and are expected onsite within four weeks. A sewerage treatment plant has been ordered to meet Kyrgyzstan's ecological standards, and preparations are ongoing to commission the crushing and milling circuit within two months. "This is not just a mining project - it's an economic catalyst," Modali said. "We are committed to long-term partnerships and sustainable growth in Kyrgyzstan. Our project has already integrated over 150 local workers, and we are just getting started." Live Events Deccan Gold is pursuing an aggressive drilling program of approximately 5,000 metres to expand the project's resource base. Results from 2024 exploration revealed high-grade mineralisation extending west and below the current pit design. The ongoing program is expected to increase total resources beyond 200,000 ounces of gold, unlock opportunities for both a larger open pit and high-grade underground operation, and extend mine life to over 10 years. Deccan Gold Mines, listed on the BSE, describes itself as India's first and only listed gold exploration company . Established in 2003, the company holds exploration assets across India and internationally, including projects in Andhra Pradesh, Karnataka, Mozambique, Kyrgyzstan and Finland.

Privi Speciality Chemicals Ltd leads losers in 'B' group
Privi Speciality Chemicals Ltd leads losers in 'B' group

Business Standard

time06-06-2025

  • Business
  • Business Standard

Privi Speciality Chemicals Ltd leads losers in 'B' group

Suven Life Sciences Ltd, Dynemic Products Ltd, Deccan Gold Mines Ltd and Signpost India Ltd are among the other losers in the BSE's 'B' group today, 06 June 2025. Suven Life Sciences Ltd, Dynemic Products Ltd, Deccan Gold Mines Ltd and Signpost India Ltd are among the other losers in the BSE's 'B' group today, 06 June 2025. Privi Speciality Chemicals Ltd tumbled 10.47% to Rs 2298.55 at 14:32 stock was the biggest loser in the BSE's 'B' the BSE, 56578 shares were traded on the counter so far as against the average daily volumes of 13785 shares in the past one month. Suven Life Sciences Ltd lost 7.81% to Rs 216.05. The stock was the second biggest loser in 'B' the BSE, 1.38 lakh shares were traded on the counter so far as against the average daily volumes of 1.54 lakh shares in the past one month. Dynemic Products Ltd crashed 6.76% to Rs 294.55. The stock was the third biggest loser in 'B' the BSE, 5001 shares were traded on the counter so far as against the average daily volumes of 1756 shares in the past one month. Deccan Gold Mines Ltd plummeted 6.54% to Rs 153. The stock was the fourth biggest loser in 'B' the BSE, 9.49 lakh shares were traded on the counter so far as against the average daily volumes of 6.53 lakh shares in the past one month. Signpost India Ltd dropped 5.93% to Rs 190.5. The stock was the fifth biggest loser in 'B' the BSE, 8062 shares were traded on the counter so far as against the average daily volumes of 6606 shares in the past one month.

Deccan Gold Mines shares surge 10% after company receives CTO from APPCB for its Jonnagiri Gold project
Deccan Gold Mines shares surge 10% after company receives CTO from APPCB for its Jonnagiri Gold project

Business Upturn

time05-06-2025

  • Business
  • Business Upturn

Deccan Gold Mines shares surge 10% after company receives CTO from APPCB for its Jonnagiri Gold project

By Aman Shukla Published on June 5, 2025, 09:36 IST Shares of Deccan Gold Mines Ltd soared 10% in early trade after a significant regulatory milestone was achieved for its Jonnagiri Gold Project. The project, operated by Geomysore Services India Pvt. Ltd., has received the much-anticipated Consent to Operate (CTO) from the Andhra Pradesh Pollution Control Board (APPCB). This approval marks a critical step forward in the development of the Jonnagiri Gold Project, one of India's most advanced private sector gold mining ventures. The CTO comes after the successful public consultation held on February 18, 2025, in Jonnagiri, Andhra Pradesh, which was part of the environmental clearance process for the plant component of the project. Following this consultation, the Ministry of Environment, Forest and Climate Change (MoEFCC) granted Environmental Clearance (EC) in April 2025. In accordance with regulatory procedures, Geomysore then applied for the CTO, which has now been approved. This regulatory green light enables Geomysore to begin plant operations and move closer to production, potentially unlocking significant value for shareholders. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Xelpmoc Design and Tech Ltd leads gainers in 'B' group
Xelpmoc Design and Tech Ltd leads gainers in 'B' group

Business Standard

time21-04-2025

  • Business
  • Business Standard

Xelpmoc Design and Tech Ltd leads gainers in 'B' group

Deccan Gold Mines Ltd, Liberty Shoes Ltd, Texmo Pipes & Products Ltd and CSL Finance Ltd are among the other gainers in the BSE's 'B' group today, 21 April 2025. Deccan Gold Mines Ltd, Liberty Shoes Ltd, Texmo Pipes & Products Ltd and CSL Finance Ltd are among the other gainers in the BSE's 'B' group today, 21 April 2025. Xelpmoc Design and Tech Ltd surged 20.00% to Rs 106.92 at 11:59 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3190 shares were traded on the counter so far as against the average daily volumes of 6000 shares in the past one month. Deccan Gold Mines Ltd spiked 20.00% to Rs 123.37. The stock was the second biggest gainer in 'B' group. On the BSE, 13.88 lakh shares were traded on the counter so far as against the average daily volumes of 4.39 lakh shares in the past one month. Liberty Shoes Ltd soared 20.00% to Rs 406.55. The stock was the third biggest gainer in 'B' group. On the BSE, 25682 shares were traded on the counter so far as against the average daily volumes of 3805 shares in the past one month. Texmo Pipes & Products Ltd gained 16.60% to Rs 66.24. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.23 lakh shares were traded on the counter so far as against the average daily volumes of 11628 shares in the past one month. CSL Finance Ltd advanced 14.32% to Rs 326.9. The stock was the fifth biggest gainer in 'B' group. On the BSE, 7821 shares were traded on the counter so far as against the average daily volumes of 4337 shares in the past one month.

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