DECNGOLD · price
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Deccan Gold Mines has provided an operational update on its Altyn Tor Gold Project in Kyrgyz Republic. The gravity circuit has been fully commissioned, and concentrate production is scheduled to begin in June 2026. The Merril-Crowe circuit (which produces Dore Bar gold) is also expected to be commissioned in June. About 130 Indian expats are working alongside a local team to accelerate construction. The full-scale plant with all trials completed is targeted for commercial operations by August 2026. The company is planning an inauguration ceremony in August, coinciding with Indian and Kyrgyz Independence Days. This represents the first investment by an Indian mining company in Kyrgyz Republic.
This is a positive development as it confirms the project is on track for commercial production by August 2026. Shareholders should note that the company is progressing toward revenue generation from gold production, though no specific production volume or revenue guidance figures were disclosed.