Deccan Gold Mines gets Rs 60 crore investment commitment for gold projects

Deccan Gold Mines Ltd. | Mining & Minerals | Metals & Mining | BSE: 512068 | NSE: DECNGOLD

26 Jun 2024 Evaluate

Deccan Gold Mines has received Rs 60 crore investment commitment to develop its Jonnagiri Gold Project in India and Altyn Tor Gold Project in Kyrgyzstan. The investment comes from Ardent Steel, Hira Infra Tek, and Med Edu Care Marketing Management. The funds are expected to be disbursed over the next couple of months.

Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.

Peers

Company Name	CMP
Coal India	425.30
NMDC	80.00
Ashapura Minechem	505.70
Sandur Manganese	185.00
GMDC	538.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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