DGML Kyrgyz Gold Project On Track for 2025 Launch

10 Jul 2025 CW Team

Situated in the mineral-rich mountains of Kyrgyzstan, the project is operated by Avelum Partners LLC, in which DGML holds a 60 per cent controlling stake. Once operational, it will be the first Indian-owned gold production facility in Central Asia.

“With the ball mill foundation laid and fabrication of key equipment well underway, we remain on schedule for commissioning,” said Managing Director Hanuma Prasad Modali. “It’s a testament to how responsible mining and rapid execution can coexist.”

Key equipment such as pumps, compressors, and conveyors have been ordered and are expected to arrive onsite within four weeks. A sewerage treatment plant has also been procured to comply with Kyrgyzstan’s environmental regulations. The company is preparing to operationalise the crushing and milling circuit within two months.

“This project is more than just a mining venture — it’s an economic catalyst,” Modali added. “We’ve already employed over 150 local workers and are committed to sustainable growth and long-term partnerships in Kyrgyzstan.”

DGML is also executing an aggressive drilling programme of approximately 5,000 metres to expand the project’s resource base. Exploration results from 2024 have confirmed high-grade mineralisation extending west and beneath the current pit design.

The programme is expected to boost total resources beyond 200,000 ounces of gold, with potential for expanding the open pit and developing a high-grade underground mine, thereby extending the project’s life to over 10 years.

Listed on the BSE, Deccan Gold Mines was established in 2003 and is India’s first and only listed gold exploration company. It holds exploration assets across India and globally, including in Andhra Pradesh, Karnataka, Mozambique, Kyrgyzstan, and Finland.

Deccan Gold Mines Ltd (DGML) announced on Tuesday that its flagship Altyn Tor Gold project in Kyrgyzstan has reached a major construction milestone and is set to commission its crushing and milling circuit in the second half of 2025.Situated in the mineral-rich mountains of Kyrgyzstan, the project is operated by Avelum Partners LLC, in which DGML holds a 60 per cent controlling stake. Once operational, it will be the first Indian-owned gold production facility in Central Asia.“With the ball mill foundation laid and fabrication of key equipment well underway, we remain on schedule for commissioning,” said Managing Director Hanuma Prasad Modali. “It’s a testament to how responsible mining and rapid execution can coexist.”Key equipment such as pumps, compressors, and conveyors have been ordered and are expected to arrive onsite within four weeks. A sewerage treatment plant has also been procured to comply with Kyrgyzstan’s environmental regulations. The company is preparing to operationalise the crushing and milling circuit within two months.“This project is more than just a mining venture — it’s an economic catalyst,” Modali added. “We’ve already employed over 150 local workers and are committed to sustainable growth and long-term partnerships in Kyrgyzstan.”DGML is also executing an aggressive drilling programme of approximately 5,000 metres to expand the project’s resource base. Exploration results from 2024 have confirmed high-grade mineralisation extending west and beneath the current pit design.The programme is expected to boost total resources beyond 200,000 ounces of gold, with potential for expanding the open pit and developing a high-grade underground mine, thereby extending the project’s life to over 10 years.Listed on the BSE, Deccan Gold Mines was established in 2003 and is India’s first and only listed gold exploration company. It holds exploration assets across India and globally, including in Andhra Pradesh, Karnataka, Mozambique, Kyrgyzstan, and Finland.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Real Estate

06 Aug 2026

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Building Material

06 Aug 2026

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..