Deccan Gold Mines Poised for Full Production at Pioneering Private Gold Mine in Andhra Pradesh

1 min read     Updated on 18 Sept 2025, 02:41 PM
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Reviewed by
Ashish TScanX News Team
Overview

Deccan Gold Mines is preparing to commence full-scale production at a gold mine in Andhra Pradesh, marking a significant milestone as India's first major private gold mine. This development represents a shift in India's mining landscape, potentially boosting domestic gold production and reducing reliance on imports. The project is expected to have a positive economic impact on the region, creating jobs and contributing to local development. While specific production targets and timelines are not disclosed, the move suggests confidence in the mine's potential and operational readiness.

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*this image is generated using AI for illustrative purposes only.

Deccan Gold Mines , a prominent player in India's mining sector, is on the brink of a significant milestone as it prepares to launch full production at what is being hailed as India's first major private gold mine. The mine, strategically located in the mineral-rich state of Andhra Pradesh, represents a groundbreaking development in the country's gold mining industry.

Production Commencement

According to a top official from Deccan Gold Mines, the company is gearing up to commence full-scale production operations at the Andhra Pradesh site. This move marks a crucial step forward not only for the company but also for India's private sector involvement in gold mining.

Significance of the Project

The initiation of full production at this mine is particularly noteworthy for several reasons:

  1. Private Sector Milestone: As India's first major private gold mine, this project signifies a shift in the country's mining landscape, potentially paving the way for increased private sector participation in the gold mining industry.

  2. Boost to Domestic Gold Production: With India being one of the world's largest consumers of gold, the commencement of production at this mine could contribute to reducing the country's reliance on gold imports.

  3. Economic Impact: The mine's operations are expected to have a positive economic impact on the region, potentially creating jobs and contributing to local development.

Looking Ahead

As Deccan Gold Mines prepares to transition into full production mode, industry observers will be keenly watching the mine's performance and its potential impact on India's gold mining sector. The success of this venture could set a precedent for future private investments in gold exploration and mining across the country.

While specific production targets and timelines have not been disclosed, the company's move towards full production suggests confidence in the mine's potential and readiness of operations.

Stakeholders in the mining industry and investors alike will be monitoring Deccan Gold Mines' progress as it embarks on this significant phase of its operations in Andhra Pradesh.

Historical Stock Returns for Deccan Gold Mines

1 Day5 Days1 Month6 Months1 Year5 Years
+2.93%+11.90%+18.65%-6.95%+21.40%+713.02%

Deccan Gold Begins Pre-Commissioning Trials at Altyn Tor Gold Project

2 min read     Updated on 25 Aug 2025, 02:35 PM
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Reviewed by
Riya DScanX News Team
Overview

Deccan Gold Mines Limited has begun pre-commissioning trials at its Altyn Tor Gold Project in Kyrgyzstan, marking a crucial step toward commercial production. The company will process 20,000-30,000 tonnes of ore with grades slightly over 1.0 g/t Au over the coming months, producing saleable concentrate or dore bars. The mining team has completed targeted mine volumes for the year, with recent drilling results expected soon.

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*this image is generated using AI for illustrative purposes only.

Deccan Gold Mines Limited has announced the commencement of pre-commissioning trials at its Altyn Tor Gold Project in Kyrgyzstan, marking a significant operational milestone. The trials will be conducted sequentially over the next few months, starting with crushing, grinding, and gravity concentration circuits, followed by the leaching circuit.

Pre-Commissioning Trial Details

The company expects to process substantial ore volumes during the trial period, with specific parameters outlined below:

Parameter: Details
Ore Volume: 20,000-30,000 tonnes
Grade: Slightly over 1.0 g/t Au
Output: Saleable concentrate or dore bars
Timeline: Sequential basis over next few months

The pre-production trials serve as a precursor to progressive commissioning of the process plant. Gold recovered during these trials will be produced as saleable concentrate or dore bars, representing the project's transition toward commercial production.

Project Infrastructure Progress

The company has made substantial progress across multiple project components since its previous updates:

Processing Plant Status

  • Conveyor System: 11 conveyor units successfully commissioned
  • Crushing Equipment: Jaw and cone crushers completed trial runs
  • Ball Mill Installation: Ongoing installation process
  • Gravity Concentrator: Equipment on-site and ready for trials
  • Leaching System: Tanks fabricated and painted

Mining Operations Update

The mining team has achieved a significant operational milestone by completing the targeted mine volume for the year. Additionally, results from samples collected during the recent resource drilling programme are expected within the next few weeks.

Management Perspective

Dr. Hanuma Prasad Modali, Managing Director of Deccan Gold, highlighted the strategic importance of this development: "The pre-commissioning trials at Altyn Tor mark a defining step forward for Deccan Gold. The project's steady progress toward creating lasting value strengthens India's footprint in the global gold mining landscape. As the first Indian mining company in Kyrgyzstan, we remain focused on responsible growth, operational excellence, and building a model for cross-border collaboration that benefits both nations."

Project Background and Resources

The Altyn Tor deposit is strategically located in the highly mineralized Soltan Sary gold mineralization zone, extending over 300 km in length as part of the major Tien Shen Shear Zone. Current mineral resources demonstrate the project's potential:

Resource Category: Tonnage (Mt) Grade (g/t Au) Contained Gold (koz)
Total Resources: 4.65 1.21 180

This estimate includes 1.40 Mt of tailings and low-grade stockpile material, calculated using a 0.50 g/t Au cut-off grade.

Deccan Gold's investment in the Altyn Tor Gold Project through Avelum Partners represents the first investment by an Indian mining and exploration company in Kyrgyzstan, potentially enhancing economic ties between the two countries. The company remains committed to ethical and responsible mining practices while progressing toward full-scale gold production.

Historical Stock Returns for Deccan Gold Mines

1 Day5 Days1 Month6 Months1 Year5 Years
+2.93%+11.90%+18.65%-6.95%+21.40%+713.02%

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1 Year Returns:+21.40%