Deccan Gold looks to fill India’s critical gaps on the mineral map - Deccan Herald

AI desk brief

Deccan Gold Mines says two gold projects are now in production: Swarnagiri in Andhra Pradesh is producing more than 1 kg/day and is targeting 400-500 kg in FY2026-27, rising to about 700 kg the following year and 1.2-2 tonnes annually by 2030; Altyn Tor in Kyrgyzstan has also started output this year, with initial production around 300 kg/year and peak capacity of roughly 700 kg over 4-5 years. The company is also drilling in Finland, where it hopes to define around 8 tonnes of gold resources and eventually produce about 600 kg/year from 2030.

Beyond gold, Deccan Gold is building exposure to critical minerals including nickel-copper-PGE in India, lithium-tantalum in Mozambique, and tungsten-tin in Spain. Management says India’s domestic gold output remains negligible, and the company is targeting a broader downstream role, including concentrate shipments to India and battery-material applications via an MoU with CSIR-CECRI.