Deccan Gold Mines
India's 1st pvt gold mine in Andhra to begin full-scale production: DGML MD
India's first large private gold mine in Andhra Pradesh is likely to start its full-scale production very soon, a top official of Deccan Gold Mines Ltd said on Thursday. The development assumes significance as India currently imports around 1,000 tonnes of gold every year. The country is the largest importer of gold after oil. Deccan Gold Mines Ltd (DGML), the first and only gold exploration company listed on BSE, has a stake in Geomysore Services India Ltd, which is developing the first private sector gold mine at Jonnagiri, in Andhra Pradesh. The Jonnagiri gold project, he said, has received environment clearance in the months of June and July, and state clearances have also been sought. "The project stabilisation is going on... it is only the technology of the plant which is being worked out... full-scale production will begin very soon," Deccan Gold Mines Ltd Managing Director Hanuma Prasad said on the sidelines of CII India Mining Summit 2025. The project is expected to produ
 "India's 1st pvt gold mine in Andhra to begin full-scale production: DGML MD")
Deccan Gold Mines says reviewing data on critical minerals in India
Deccan Gold Mines Ltd on Monday said it is evaluating data on critical minerals, including lithium, in the country and may seek exploration licences in case of positive assessment. The government last year launched the auction of critical minerals, including two lithium blocks. "As part of our strategy to build a Critical Minerals (CM) portfolio, the company is reviewing data on Nickel, Copper, Graphite and Lithium Projects in India / overseas. The company may secure these licences subject to the positive technical evaluation," the company said in a filing. Shares of the company surged by 4.99 per cent to Rs 130.55 apiece in pre-close session on BSE following the announcement. The benchmark Sensex was trading 0.52 per cent down. On its Jonnagiri gold project, the company said 210.6 acre of key land has been already acquired and efforts are underway to acquire another 40 acre by the end of the next month. As of date, the available land is already sufficient to commence the full-sca
 "Deccan Gold Mines says reviewing data on critical minerals in India")
Deccan Gold Mines zooms 20% after Supreme Court verdict on Hutti gold mines
In past three trading sessions, the stock has outperformed the market by surging 43% as compared to 1% rise in the S&P BSE Sensex.
 "Deccan Gold Mines zooms 20% after Supreme Court verdict on Hutti gold mines")
