Deccan Gold Mines Limited

Deccan Gold Mines Limited (DGML) is the first and only gold exploration company listed on the Bombay Stock Exchange. Established in 2003, DGML has a strong foundation in the exploration and mining sector. The company has made significant gold discoveries in the state of Karnataka in India and has completed a JORC-compliant Feasibility on the Ganajur gold deposit. DGML is expanding its horizons through mergers and acquisitions, acquiring stakes in Geomysore Services (India) Private Limited, Altyn Tor Gold Mine in Kyrgyzstan, and the Kelavala Gold Project in Finland. Additionally, DGML has won the auction for the Bhalukona – Jamnidih Block in Chhattisgarh, known for its high potential in Ni-Cu-Cr-PGE mineralization. The company also holds exploration licenses in Tanzania through its 100% subsidiary.

With a diverse portfolio spanning from near-producing to long-term potential gold and multimetal deposits, DGML is positioning itself as a globally recognized mining entity. In 2021, the company acquired a significant stake in Geomysore Services (India) Private Limited, which is set to commence full-scale commercial production at the Jonnagiri mine in the state of Andhra Pradesh by the second half of 2024. Furthermore, the Altyn Tor gold project in Kyrgyzstan is expected to achieve full-scale production in the fourth quarter of 2024.