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Deccan Gold Mines’ arm gets approval for Ganajur Mining Lease Application: Report

27 Jul 2015 Evaluate

Deccan Gold Mines (DGML) - wholly owned subsidiary - Deccan Exploration Services (DESPL) has reportedly got approval from Ministry of Mines, Government of India (MoM) for the mining lease application with regard to the Ganajur Gold Project on July 24, 2015.

Recently, the company has received approval of market regulator Securities and Exchange Board of India (Sebi) to raise a little over Rs 44 crore through a rights issue. With this, the number of firms that have got the capital market watchdog's nod for a rights issue since the beginning of the year has gone up to seven.

Deccan Gold Mines has been actively engaged in the exploration for gold in some of the most promising gold mineralized blocks in India. It has been successful in identifying several smaller potential gold-bearing zones within these blocks, worthy of detailed investigation.

Deccan Gold Mines Share Price

106.63 1.00 (0.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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