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

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 399.00
NMDC 70.20
Ashapura Minechem 416.80
Sandur Manganese 177.75
GMDC 463.80
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