Deccan Gold Mines Limited

Deccan Gold Mines Ltd. (DGML), is the first and the only gold exploration company listed on the Bombay Stock Exchange Limited (BSE) which was established in the year 2003 by promoters with deep roots in the exploration and mining sector. DGML for a long period of time has been involved in gold exploration activities in India and overseas. DGMLs exploration in India, particularly in the state of Karnataka led to dicovery of open pittable gold deposits in the Archaean greenstone belts of Dharwar Craton. These deposits are in Hutti and Dharwar Shimoga belts. DGML has also completed a JORC compliant Feasibility on Ganajur gold deposit in Karnataka. Since 2021, as a part of expansion and diversification, DGML has initiated M&A activities. As a result DGML has acquired significant stake (40%) in Geomysore Services (India) Private Limited, which is developing the first private sector gold mine (Jonnagiri) in India since Independence. Jonnagiri mine is situated in the state of Andhra Pra...