Image Source: Business Standard
Deccan Gold Mines Ltd has announced that its associate company, Geomysore Services (India) Pvt Ltd, has successfully completed trial runs at the Jonnagiri Gold Project in Andhra Pradesh. The project has produced approximately 40 kg of dore bar during the trial phase, marking a crucial step toward commercial gold production.
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The trial runs validated the technical feasibility of the project, with all processing circuits and equipment flows performing in line with expectations from the feasibility study. This achievement comes after more than a decade of development work, positioning Jonnagiri as India’s first private-sector gold mining project to move toward commercial operations. The ramp-up is expected to significantly contribute to domestic gold output, reducing reliance on imports.
Notable updates
• Geomysore’s Jonnagiri Gold Project completes trial runs, producing ~40 kg of dore bar
• Processing circuits and equipment flows aligned with feasibility study expectations
• Marks transition toward commercial gold production after 12 years of development
• Jonnagiri set to become India’s first private-sector operational gold mine
• Expected to boost domestic gold production and reduce import dependency
Major takeaway
The successful trial runs at Jonnagiri signal a historic breakthrough for India’s mining sector, paving the way for commercial gold production and strengthening the country’s resource independence.
Sources: FilingReader, ScanX News, Economic Times
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