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Deccan Gold Mines informs about update on jonnagiri gold project

31 Dec 2021 Evaluate

Deccan Gold Mines has informed that that the Company has been informed by GMSI that a pilot process plant for producing gravity gold concentrates has been commissioned at their key Jonnagiri Gold Project in Andhra Pradesh. This Plant will be producing gravity gold concentrates from the gold ore that is being mined from the open pit at Jonnagiri ML area which is already in operation. As shareholders are aware, the Company is in the process of acquiring a significant stake in GMSI through a Composite Scheme of Arrangement and are encouraged to refer to earlier Updates in this regard.

The above information is a part of company’s filings submitted to BSE.

Deccan Gold Mines Share Price

104.28 1.48 (1.44%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 434.25
NMDC 85.08
GMDC 602.70
Sandur Manganese 202.10
MOIL 305.65
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