Deccan Gold Mines has started pre-commissioning trials at its Altyn Tor Gold Project of its subsidiary company viz., Avelum Partner LLC, Kyrgyzstan (Avelum). Subject to weather conditions, trials will be done on a sequential basis over the next few months starting with the crushing, grinding, and gravity concentration circuits then followed by the leaching circuit.
The pre-production trials are a precursor to progressive commissioning of the process plant. During this period, the company expects to process between 20,000 to 30,000 tonnes of ore with a grade slightly over 1.0 g/t Au. Gold recovered during the pre-commissioning trials will be produced as a saleable concentrate or doré bars. This marks an important milestone on the road to full-scale gold production at the mine site. In other areas, the mining team have completed the targeted mined volume for the year and results from samples collected from the recent resource drilling programme are expected in the next few weeks.
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.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
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