Board and Management

Board of Directors

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Mr. Charles E. E. Devenish
Chairman

Mr. Charles Edward English Devenish has strong involvement in mineral exploration in Australia and overseas for decades. For 38 years, he was the Principal of Charles Edward Jewellers, one of Australia’s leading specialist retail and wholesale outlets with international links in Europe, Middle East and USA. He also acted as an advisor to the Government of Vietnam on the development of that country’s gemstone mining and cutting industry. Charles moved to India in August, 2002 and ever since has been actively liaisoning with various Government Departments and providing support and guidance to progress the development of gold exploration and mining industry in India. He was appointed to the Board of our company in July 2002.

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Mr. Sandeep Lakhwara (B.Bus., CPA)
Managing Director

Mr. Sandeep Lakhwara has over 15 years experience in the exploration and mining sector. Educated at Curtin University in Western Australia and is a member of the Australian Society of Certified Practising Accountants (CPAs), Sandeep has been a principal and partner of several Australian based accounting practices specializing in capital raisings for the mineral industry, mergers and acquisition and corporate regulatory requirements for publicly listed companies. He was appointed on the Board of our Company in July 2002 and since then is primarily responsible for the development of Deccan Gold Mines Limited. Sandeep has made various presentations on factors influencing gold pricing, the operation and business model of international mineral exploration companies, and is regularly called upon to contribute articles on the gold mining industry to various newspapers and magazines.

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Mr. K. R. Krishna Murthy
Independent Director

K.R. Krishnamurthy is a well known Mining Engineer, practising as a consultant since 1990. He is B.Sc., Chartered Engineer of the Institution of Engineers (India), and holds a Diploma in mining & First Class Mine Managers Certificate of Competency (metalliferous) with over five decades of experience in the mining sector. Earlier he had worked for Kolar Gold Mining Undertakings in Kolar Gold Fields, Indian Copper Corporation Ltd./ Hindustan Copper Ltd., (Mosaboni Group of Mines), Chitradurga Copper Company Limited (Ingaldhal Copper Mines) and Ashanti Gold Fields Corporation Limited (Ghana, West Africa). As a mining consultant he advises many mineral based industries in India and abroad.

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Ms. Pratima Ram
Independent Director

Pratima Ram graduated from the University of Virginia, USA and Bangalore University. She is an experienced banker with three decades in corporate, international and investment banking and has held the position of Chief General Manager and Country Head of United States operations of State Bank of India and prior to this she was the CEO of the South African operations of the Bank. At SBI Capital Markets, she led the Corporate Advisory, M&A, & Project Appraisal businesses. While at SBI, she also headed the Diamond Financing business of the Bank. She later joined the private sector in the infrastructure space as Group President, Finance, at Punj Lloyd Group which has diversified operations in more than 15 countries. Till recently she was the CEO of India Infoline Finance Ltd, an NBFC focused on lending to small businesses, real estate and health care sectors. She is now Advisor to India Infoline Finance Ltd. She has held Board positions in SBI California Ltd, USA and India Infoline Finance Ltd, Mumbai.

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Prof. V. K. Gaur
Independent Director

Prof. Vinod Kumar Gaur is an eminent geoscientist. He is holder of Doctorate of Philosophy from University of London. He is a former Director of the National Geophysical Research Institute, Professor at Professional University of Roorkee and the Indian Institute of Astrophysics. He has also been Secretary to the Government of India between 1989-96.

Technical Expertise

SCR Peshwa

S.C.R.PESHWA , FGS (LOND), MGS (SA)
Director (Exploration), Deccan Exploration Services Private Limited (wholly owned subsidiary of Deccan Gold Mines Limited)

Mr. Peshwa has nearly 32 years of experience as a mining and exploration geologist and specializes in gold exploration and resource modeling. He worked as a Mining & Exploration Geologist for 13 years with Bharat Gold Mines Limited. He has the distinction of working in the world famous Champion Reef Mine and carried out detailed exploration of Champion lode system both in deep and shallow levels. This has resulted in delineating new parallel lodes of the Champion Lode system. From 1996 to 2002 he worked as a Project Manager with ACC Limited and was involved in exploration of gold and other minerals. He successfully carried out gold prospecting in the Red Sea hills region of Sudan. Mr. Peshwa is responsible for the development of DGML’s Gold Projects and has implemented different exploration methods as per international standards including QA/QC programmes. He has international exposure for different styles for gold mineralization. Being a Fellow of Geological Society of London and Member of Geological Society of South Africa qualifies him as a competent person as defined by the JORC Code. Mr. Peshwa is also an RQP (Recognition as Qualified Person) awarded by Indian Bureau of Mines.

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John Fodor
Process Engineer

John has twenty five years of metallurgical operations experience, five years of study management and six years as a technical advisor.

Highlights of his career include:

  • Commissioning and start-up of gold process plant facilities – this involved preparation and implementation of SOP/STP’s, business readiness operational plans, project management of capital projects, preventative maintenance and shutdown planning / optimization, process plant debottlenecking / optimization and process circuit / equipment commissioning
  • Study Management – Scoping through to definitive Bankable feasibility studies, financial modeling
  • Technical – Gold and silver metallurgy, crushing and grinding circuit design and operational optimization, geo-metallurgical modelling, development and supervision of metallurgical test work programs

John holds a B.Sc Degree in Metallurgy and is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM).

Corporate Team

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K. Karunakaran
Chief Finance Officer

Mr. Karunakaran is a Certified Management Accountant from CMA (Australia) and also holds a Diploma in Management Accounting from CIMA, UK. He has a Masters Degree in Commerce. He possesses nearly three decades of experience in the field of Finance, Accounts and Audit and has worked in organisations in India and abroad. He has got wide experience in matters relating to Indian corporate laws, Banking matters and taxation. Apart from working in reputed corporate in India, Karun worked for 5 years in one of the leading multi divisional company in Sultanate of Oman – Muscat, in the internal audit department and advised management on methodologies to strengthen their internal control systems.

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Mr. S. Subramaniam
Head-Legal & Company Secretary

Mr. Subramaniam is an Associate Member of the Institute of Company Secretaries of India and a Law Graduate from Bangalore University. Also holds an Advanced Diploma in Management Accounting from CIMA, UK. He has 17 years of experience in the field of Company Law and other corporate laws. During his career, he has handled corporate restructuring exercises including mergers / demergers, amalgamations, joint ventures, foreign collaborations, fund raisings & listing of securities on domestic and foreign stock exchanges. He is in charge of the corporate legal and company secretarial matters and also functions as the Compliance Officer of the Company.

Geological Team

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Dr. S.B. Harish Kumar
Exploration Manager

Dr. S.B. Harish Kumar, has nearly 18 years of experience in mineral exploration, particularly in the States of Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. He was a key member of the exploration team of DGML involved in the discovery of Ganjaur gold deposit. Since then he has been actively involved in the exploration and development of the Ganajur gold project at all stages, including, geological mapping, ground geophysical surveys, execution of drilling programmes, Scoping studies, EIA and EMP studies etc. Besides, he has also been involved in the exploration of Mangalagatti and Bhavihal prospects of DGML.

Rajeev-GIS-Manager

Mr. Rajeev P. Hanamasagar (M.Sc IT)
GIS – IT Manager

Mr.Rajeev P. Hanamasagar has 12 years of experience in Mining and GIS software and its applications to geological and mineral exploration programs. He has developed expertise in generating maps on GIS platform to international standards.

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Dr. Yogananda K.S
Senior Geologist

Dr. Yogananda, has got more than seven years of experience in field geology, mineral exploration/prospecting and mining industry; mainly focused on GOLD exploration. He has been continuously engaged in exploring/prospecting for gold in different gold projects/prospects in various gold systems/belts in different parts of India and abroad, which includes Epithermal Gold System in parts of Volcanic Terrain of Djibouti, N-E Africa and the Paleo-Proterozoic mobile belt in southern part of Tanzania.

Yogananda is a key member of the geological team working at the Ganajur Gold Project and the Mangalagatti and Bhavihal prospects.

India’s First Gold Exploration Company Listed on BSE.
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