12:11 - 3.09.2025
September 3, Fineko/abc.az. Indian company Deccan Gold Mines Ltd (DGML) has announced the start of production at the Altyn Tor deposit in Kyrgyzstan.
According to ABC.AZ, this was reported by the Times of India. The company is the first and only India-listed firm specializing in gold exploration and mining.
This project marks the first overseas venture of an Indian mining company in Central Asia.
DGML, through its local operator Avelum Partners LLC, controls 60% of the project located in the Solton-Sary mineralized zone.
According to company estimates, ore reserves are about 4.65 million tons with an average gold grade of 1.21 g/t, equivalent to roughly 180,000 ounces. Commercial production of Dore gold bars is expected to begin in October this year. The company plans to ensure year-round operations despite the region’s harsh climate conditions.
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