Deccan Gold Mines Advances Toward Production at Altyn Tor Project in Kyrgyzstan
Mumbai/Kyrgyzstan, August 25, 2025: Deccan Gold Mines Ltd. (DGML), announced significant progress towards production at its Altyn Tor Gold Project in Kyrgyzstan. This milestone positions DGML as a pioneering Indian mining company creating a global footprint while contributing to the Government of India’s Atmanirbhar Bharat vision of securing critical mineral resources for economic growth and strategic independence.
Key developments at the Altyn Tor site include:
- Commissioning of 11 new conveyors and successful trial runs of jaw and cone crushers.
- Installation of a new ball mill, expected to be operational by early September 2025.
- Preparations for commercial production of Dore bars from the gravity circuit by October 2025.
- Progress on tailings storage facility, power infrastructure, and civil works, ensuring the project remains on track despite challenging weather conditions.
- Ongoing resource drilling programme, with early indications suggesting a significantly larger orebody than previously estimated.
Commenting on the progress at Altyn Tor, Dr. Hanuma Prasad Modali, Managing Director of Deccan Gold Mines Ltd., said:
“With the ball mill foundation laid and key equipment advancing toward commissioning, Altyn Tor is on track despite the challenges of Kyrgyzstan’s early winters. Our drilling results suggest a significantly larger orebody, strengthening confidence in the project’s long-term potential. By covering the plant and putting in place contingency measures, we aim to ensure year-round operations and timely delivery.”
“Altyn Tor is more than a construction milestone — it reflects India’s emerging leadership in the global mineral economy. As the first Indian mining company investing in Kyrgyzstan, DGML is committed to ethical mining, cross-border collaboration, and building an inclusive ecosystem that benefits both nations. This project demonstrates that responsible mining and rapid execution can go hand in hand, while advancing India’s Atmanirbhar Bharat vision on the global stage.” adds Dr Hanuma.
The Altyn Tor Project marks the first overseas investment by an Indian mining and exploration company in Kyrgyzstan, enhancing economic cooperation between the two countries. Located in the highly mineralized Soltan Sary zone, the Altyn Tor (“Gold Mountain”) project is operated by Avelum Partners LLC, in which DGML holds a 60% controlling interest. The project hosts estimated resources of 4.65 million tonnes grading 1.21 g/t Au for 180 koz of gold, including tailings and low-grade stockpiles. Once operational, it will become the first Indian-owned gold production facility in Central Asia.
Strengthening India’s self-reliance in natural resources
Through its global projects, DGML is helping India reduce dependence on imported gold and critical minerals, thereby advancing the national Atmanirbhar Bharat mission. By combining technical strength, ethical practices, and sustainable development, DGML aims to demonstrate that Indian companies can responsibly lead in the global mining sector.