Geomysore’s Jonnagiri Gold Project Receives Consent to Operate, Paving Way for Full-Scale Production
Updated: June 04, 2025 16:22
Image Source: Deccan Gold Mines Ltd.
Geomysore Services (India) Pvt Ltd, an associate company of Deccan Gold Mines Ltd. (DGML), has received Consent to Operate (CFO) for its Jonnagiri Gold Project, marking a crucial step toward full-scale commercial production. The approval from the Andhra Pradesh Pollution Control Board (APPCB) follows the successful pilot-scale production and environmental clearances.
Key Highlights of the Jonnagiri Gold Project:
First Private Gold Mine in India – Jonnagiri is set to become India’s first privately owned gold mine, with an estimated 6.8 tons of mineable gold in its East Block.
Production Capacity – The project includes a 1,000 TPD processing plant, with environmental clearance and consent for establishment already secured.
Mine Life & Expansion Potential – Initial estimates suggest an 8-9 year mine life, with further drilling potentially increasing reserves to 14 tons, extending operations to 15 years.
Regulatory Approvals – The project has obtained all necessary government approvals, including water withdrawal permissions and land acquisition progress.
Outlook on India’s Gold Mining Sector
The Jonnagiri Gold Project represents a major milestone in India’s mineral exploration and private sector participation. With full-scale production expected to commence in Q3 2025, the project is poised to boost domestic gold output, reducing reliance on imports and strengthening India’s mining industry.