The Region’s Trusted Leader in Mining
Deccan Gold is India’s first and only gold exploration company listed on the Bombay Stock Exchange (BSE: 512068). Established in 2003 by promoters with deep roots in the exploration and mining sector, Deccan Gold has been at the forefront of pioneering gold exploration in the country. With over two decades of experience, we have successfully identified and developed multiple gold prospects across India’s premier geological terrains. Our exploration in Karnataka’s Dharwar Craton led to the discovery of open-pittable gold deposits in the Hutti and Dharwar–Shimoga belts, and we have completed a JORC-compliant feasibility study on the Ganajur gold deposit. Today, Deccan Gold is not only advancing India’s gold mining potential but is also expanding its global footprint through strategic mergers and acquisitions in Kyrgyzstan, Finland, and Africa, while diversifying into critical minerals essential for the future of sustainable industries.
INTEGRITY: Integrity is at our core — it’s the heartbeat of our company culture!
Deccan Gold Mines Limited is a BSE-listed gold and critical minerals company with operations and projects across India, Kyrgyzstan, Mozambique, Finland and Spain. Founded by the pioneers of modern gold exploration in India and promoted by Australians with deep roots in the exploration and mining sector, the Company combines decades of geological expertise with a disciplined approach to exploration, project development, mine construction and production.
Today, Deccan is entering a new phase of growth as it advances gold production and expands its exposure to the critical minerals essential for global industrial development, electrification and long-term resource security. With gold production advancing at the Jonnagiri Gold Project in India and the Altyn Tor Gold Project in Kyrgyzstan, the Company is building a portfolio of producing and near-producing assets. Alongside its gold business, Deccan is expanding its critical minerals footprint across lithium, tantalum, tungsten, nickel, copper and platinum group elements. Recent drilling success at the Bhalukona Nickel-Copper-PGE Project has further strengthened the Company’s critical minerals portfolio and highlighted the significant potential of its emerging battery and strategic metals assets.
Guided by a culture of integrity, accountability and agility, and a commitment to creating lasting value for shareholders, communities and the countries in which it operates, Deccan is building a globally competitive mining company dedicated to the responsible development of natural resources and the minerals essential for future generations.
EMPOWERMENT: Empowerment is what inspires our team to thrive.
Deccan Gold Mines Limited is a BSE-listed gold and critical minerals company with operations and projects across India, Kyrgyzstan, Mozambique, Finland and Spain. Founded by the pioneers of modern gold exploration in India and promoted by Australians with deep roots in the exploration and mining sector, the Company combines decades of geological expertise with a disciplined approach to exploration, project development, mine construction and production.
Today, Deccan is entering a new phase of growth as it advances gold production and expands its exposure to the critical minerals essential for global industrial development, electrification and long-term resource security. With gold production advancing at the Jonnagiri Gold Project in India and the Altyn Tor Gold Project in Kyrgyzstan, the Company is building a portfolio of producing and near-producing assets. Alongside its gold business, Deccan is expanding its critical minerals footprint across lithium, tantalum, tungsten, nickel, copper and platinum group elements. Recent drilling success at the Bhalukona Nickel-Copper-PGE Project has further strengthened the Company’s critical minerals portfolio and highlighted the significant potential of its emerging battery and strategic metals assets.
Guided by a culture of integrity, accountability and agility, and a commitment to creating lasting value for shareholders, communities and the countries in which it operates, Deccan is building a globally competitive mining company dedicated to the responsible development of natural resources and the minerals essential for future generations.
Deccan’s flagship gold interests are anchored by the Jonnagiri Gold Project in Andhra Pradesh, India and the Altyn Tor Gold Project in the Kyrgyz Republic.
The Jonnagiri Gold Project represents a landmark development for India’s mining industry as one of the country’s first major private-sector gold mining operations. Following successful commissioning and gold recovery trial runs, the project is advancing through its production ramp-up phase and is expected to become a significant domestic source of gold production. The project reflects Deccan’s long-standing commitment to developing world-class mining assets and contributing to the growth of India’s domestic mining industry.
Internationally, Deccan holds a controlling interest in the Altyn Tor Gold Project in Kyrgyzstan, one of the first major overseas gold mining investments by an Indian mining company. Located within a highly prospective mineral district, Altyn Tor has progressed through construction and pre-commissioning and is advancing toward commercial operations, establishing Deccan’s growing international production footprint and strengthening its position as an emerging international gold producer.
Deccan’s strategy is founded on technical excellence, disciplined capital allocation and responsible resource development. Across every jurisdiction in which it operates, the Company seeks to develop projects that create lasting value for shareholders while supporting local employment, skills development and community advancement.
The Company’s culture is built on integrity, accountability and agility, supported by values of trust, transparency and community partnership. These principles guide Deccan’s approach to exploration, development and mining, ensuring that commercial success is aligned with responsible stewardship of natural resources and positive outcomes for host communities.
As Deccan advances toward becoming a multi-asset gold and critical minerals producer, its focus remains on building a globally competitive mining company capable of discovering, developing and operating high-quality resource projects that deliver long-term value for shareholders and stakeholders alike.
Recognising the growing importance of critical minerals to global supply chains, Deccan has expanded beyond gold to build a diversified portfolio of assets that support emerging technologies, electrification and long-term industrial growth.
In India, the Company is advancing the Bhalukona Nickel-Copper-PGE Project in Chhattisgarh, targeting minerals critical to battery technologies, advanced manufacturing and the global energy transition. Recent drilling results have reinforced management’s confidence in the project’s potential and its ability to become a significant contributor to Deccan’s future growth.
In Spain, Deccan is progressing the Logrosán Tungsten Project, where exploration and drilling programmes are focused on defining and expanding tungsten mineralisation. Tungsten is recognised globally as a strategic mineral with applications across industrial, defence and advanced manufacturing sectors.
The Company has also established a growing presence in Mozambique, where it has secured interests in lithium, tantalum, copper and other critical mineral opportunities. These projects form an important part of Deccan’s long-term strategy to build exposure to minerals essential for battery technologies, electrification and future-facing industries, while continuing to evaluate additional international opportunities aligned with long-term resource demand and supply chain resilience.
In Finland, Deccan continues to assess highly prospective exploration opportunities that complement its existing portfolio and provide additional long-term growth potential across both precious and critical minerals.
To be India’s leading gold and critical minerals producer, transforming natural resources into shared prosperity
In a world that’s rapidly evolving, where environmental uncertainty and supply chain insecurity stand as growing risks to our societies, we aim to become a model of responsible mining in India and beyond. Our vision is to redefine what a mining company stands for by showing how thoughtful, unselfish development of mineral deposits can uplift communities and benefit humanity. We believe mining can, and must, serve a greater purpose. We see ourselves as custodians of our natural resources, and a bridge – bringing together mining, agriculture, communities, the environment (conservation and rehabilitation), technology, governments, and research institutions. Our goal is to help future-proof society and raise the living standards of those most in need. At this formative stage of our journey, Deccan Gold is more than just a mineral exploration and mining company, we’re an institution in the making. In an industry often held back by limited transparency, we’re choosing a different path – one built on a forward-looking mindset, openness, and fairness. Our goal is simple: to turn intent into action, and action into lasting trust. We’re here to set new standards for mining – doing it ethically, responsibly, and with care. Through genuine respect for the land and its people, clear policies, and professional rigor, we’re committed to showing that ethical mining and sustainable nation-building are powerful allies.
At Deccan Gold, we’re all about building a vibrant, purpose-driven culture that brings our team together. We’re committed to doing meaningful work, treating everyone with respect, and chasing excellence in everything we do, all while creating value for our stakeholders. It’s not just about following the rules – we’re always looking for innovative ways to reduce our environmental footprint, preserve resources, and support the communities around us. Together, we are committed to leaving a legacy of stewardship, ensuring that our work today supports a thriving planet for tomorrow.
Chairman Non-Executive
Chairman Non-Executive
Chairman Non-Executive
Kailasam has over 28 years of corporate experience in the field of corporate law, FEMA, finance & taxation, audit (internal & external), legal and HR matters. Areas of expertise include fund raising for short-term and long- term requirements, listing of securities and handling of direct and indirect tax matters, risk assessment, evaluation of internal controls, understanding and evaluation of systems and processes.
Since July, 2015 he is acting as an Independent Advisor to various corporates providing specialised services on capital structuring (within and outside India), FEMA and other corporate law matters. He is a regular speaker and presents papers on corporate law matters at events conducted by professional bodies.
Kailasam is a Fellow Member of the Institute of Company Secretaries of India and an Associate Member of the Institute of Cost & Management Accountants of India.
M. Hanuma Prasad has extensive experience in Exploration and Mining industry in India and overseas. In his long career, spanning over 27 years, Hanuma has worked in various capacities in Exploration and Corporate Management. As an Exploration Manager, he has led several greenfield and brown field exploration projects for gold, base metals, nickel-PGE, mineral sands and iron ore. He has held key management positions, including Chief Executive Officer, in which he is involved in fundraising and corporate management.
Hanuma started his career with Geological Survey of India in 1994 where he carried out geological mapping and exploration for gold. His work in Central India has helped in bringing out new regional geological concepts. Hanuma joined Australian Indian Resources Group (AIR) in the year 2001 and continued to work with the Group for the last 20 years. As an Exploration Manager, he has explored Archaean and Proterozoic terrains of central India for gold, base metals, Ni-Cu-PGE and made significant discoveries. He was actively involved in the exploration research on generating new gold and Ni-PGE targets in India. During this period he has also built exploration teams and explored various parts of Africa for other mineral resource companies which have consultancy arrangements with AIR Group.
Since 2008 Hanuma was closely associated with the Business Development team of the AIR Group, during which he carried out due diligence of several precious commodity projects in India, Africa and South America. He has been associated with fund raising into AIR and Geomysore Services (India) Pvt Ltd (GMSI). Hanuma has co-managed NI 43-101 compliant feasibility study on Jonnagiri Gold Project along with a team of international and Indian experts. He is currently part of the senior management of GMSI playing a key role in the development of Jonnagiri gold mining project.
Hanuma has worked widely in Africa, SE Asia, South America and CIS countries as a part of due diligence team to advice various business houses in acquiring mineral projects in these countries. He has been instrumental in setting up gold and other mineral exploration and mining companies in Sudan, Ivory Coast, Togo, Zambia, Malawi and Kyrgyzstan.
He is a member of Australian Institute of Mining and Metallurgy (AusImm). Hanuma has Doctorate in Geology and published number of papers in peer reviewed journals. He is a prolific speaker in national and International conferences.
Mr. Subramaniam is an Associate Member of the Institute of Company Secretaries of India (ICSI) and Associate Member of the Chartered Institute of Management Accountants, United Kingdom (CIMA).
He also holds a Law Degree (LLB) from Bangalore University.
He has has 24 years of experience in the field of Company Law and other corporate laws. 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 since October, 2006.
Mrs. Deepthi Donkeshwar has an extensive background in Management Consultancy & HR management. She is a qualified Human Resource Consultant with a Master’s in Business Administration having graduated with a B.Tech Degree. She is having 15 plus years of experience as a Management & HR Consultant in the Engineering and IT industry.
Based in Hyderabad, she is now a Director in Holistic Corporate Advisors Private Limited as a Management Consultant & Human Resources Specialist. She is also one of the partners in Vasavi Holistic Corporate Services, a leading real estate group in Hyderabad since last 26 years.
In his career spanning over 35 years in Upstream Oil & Gas Sector, Mr. Elango has held several leadership roles in different areas of the business and is a recognized leader in the Indian Oil and Gas industry. Mr. Elango holds a Master’s degree in Business Administration and began his career with ONGC in 1985 and over a span of 10-years, has performed diverse roles prior to joining Cairn India in 1996. Mr. Elango served the Board of two listed entities as Whole time Director for more than 10 years. He was the CEO of Cairn India Ltd during 2012 to 2014 and Managing Director of Hindustan Oil Exploration Company Ltd (HOEC) during Feb 2015 to September 2023.
Under his leadership, HOEC’s oil and gas production grew from 500 barrels of oil equivalent per day (boepd) in 2015 to 10,000 boepd in 2023. Prior to joining HOEC in 2015, he was the Chief Executive Officer & Whole Time Director of Cairn India Limited. He was associated with Cairn in various leadership roles for over 18 years and contributed to its growth as India’s largest oil and gas producer in private
sector. In 2014, Cairn was among the top 25 large caplisted entities in India.
Mr. Elango was one of the five finalists for Platt’s’ first-ever Asia CEO of the Year award 2013.
Mr. Vishwas Vasanth Rao is the founding partner of Vantage Point Advisors LLP, Bangalore. Vishwas is a qualified Chartered Accountant and a Commerce Graduate from St. Joseph’s College of Commerce. Prior to co-founding Vantage Point Advisors, Vishwas was a Director with Ernst & Young and for 10 years worked with them as part of International Tax and Transaction Services Vertical.
His specific focus areas are mergers and acquisitions (including tax / regulatory structuring, tax due-diligence, cash repatriation strategies, scheme of arrangements etc.). Vishwas has got extensive work experience with clients operating in the real estate, health care and education sectors.
He has also worked with clients in the technology, start-up and manufacturing space. In addition to his technical expertise, his inputs on financial management and systems review would also be beneficial to the interests of the Company.
Mr. Andrew Mark Weeks is a Geologist with over 30 years of experience in the mining industry. He has worked in senior production and resource management roles with Acacia Resources, WMC and BHP as well as 10 years as a Principal Consultant for Golder Associates. He has had a privileged career working on and visiting tens of minerals resource projects and mines on every continent (except Antarctica) and has worked in gold, nickel, silver, diamond, uranium, copper, tungsten, PGE and iron ore projects. As a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM), he has sufficient experience to qualify as a Competent Person for various metals including gold.
In 2020, he founded 2020 Resources Pty Ltd, to promote excellence in mineral resource development and ore control processes.
Dr. Yogananda has more than fifteen years of experience in field geology, mineral exploration/prospecting and mining industry (Specialized in GOLD Exploration). He completed his M.Sc. in Applied Geology from Bangalore University in the year 2008 and started his carrier as a Geologist in Geomysore Services (India) Pvt. Ltd., and worked extensively on a number Gold Exploration/Prospecting projects in different styles of gold mineralization across India and gained extensive expertise in technical skills in different operations and methods of gold and base metal exploration. Also worked on Cement-grade Limestone, Iron Ore (hematite & magnetite) and Manganese ores projects as a part of company’s consultancy works. He involved in resource drilling programme in Jonnagiri Gold Mine Project and was engaged in managing Resource Drilling programmes in Ganajur Gold Project of the company and project developments. Also, completely involved in the Feasibility Study by Snowden Mining Industry Consultants Pty. Ltd (Snowden) of the same project.
His first overseas field experience while in Geomysore Services was in Djibouti, N-E Africa, where involved in exploration for Epithermal Gold in parts of Volcanic Terrain of Djibouti. The style of epithermal gold mineralization fascinated him to take up further studies on that and he pursued part time research work in Geology for Doctoral Degree on the topic Epithermal Gold Mineralization at the Dept. of Studies in Geology, Mysore University and awarded Ph.D. in the year 2016. Inbetween in the year 2012-2013 he worked as Geologist for Dodsal Resources and Mining Itingi (Tanzania) Pvt. Ltd., Tanzania in their key gold exploration and mining project in the southern part of Tanzania, East Africa.
Mr. Manas Ranjan Biswal is a mechanical engineer who holds a master’s degree in mechanical and automotive engineering design from Esslingen University of Applied Sciences in Germany. Accumulating nearly a decade of professional experience in Germany, his career has been primarily centered on Research & Development roles within prestigious companies such as Robert Bosch Starter Motors & Generator GmbH, Mercedes AMG and Steinbeis BWF Esslingen. His profound passion resides in the field of engineering and innovative problem-solving. Throughout his academic journey, he played a pivotal role in various industrial projects, devising practical solutions that showcased his creativity. It’s worth highlighting that these innovative solutions led him to the grant of three patents, thereby accentuating his exceptional contributions to the field.
At present, he holds the responsibility of overseeing operations at Geomysore’s Jonnagiri site, with the goal of setting up a 1500 TPD processing plant within the specified timeframe and allocated budget. During the period from December 2022 to March 2023, he actively contributed to the establishment of a pilot-scale processing facility at Jonnagiri, demonstrating strict adherence to a predetermined timeline and a constrained budget. Furthermore, he places a strong emphasis on nurturing a culture of scientific thinking among all the team to pinpoint both technical and cost optimization prospects across various facets. Moreover, he is deeply committed to enhancing the skills of all team members, with a particular focus on upskilling the unskilled workforce.
Mr. Alix Hauteville achieved a M.Sc. degree in “Metallogeny System: Geology and Exploration” in 2020 at the University of Lorraine, Nancy, France. Alix started his career with the BRGM and the GeoRessources laboratory as a PhD student from 2020 to 2022. The aim of his PhD thesis was to better understand the mineralizing processes and the geochemical tracers of gold deposits in French Guiana. Alix has a good background of structural geology, geochemistry and isotopic signatures associated to orogenic gold deposits. More broadly, Alix is able to carry out micro-scale petrographic observations and interpretations, paragenetic sequence elaboration, and geological models construction.
Apart from his PhD thesis, Alix was involved in the mentoring of B.Sc., M.Sc. and engineering students particularly in structural geology and geological mapping. Alix was involved in the SGA Student Chapter of Nancy (France) as a communication manager from 2019 to 2020 and as president from 2020 to 2022. As part of this association, Alix co-organised national and international conferences organisation as well as field expeditions (Morocco and Spain).
Deccan Gold Mines Ltd. is India’s first and only gold exploration company listed on the BSE. Since 2003, we have pioneered gold exploration across the country, with major discoveries in Karnataka’s Archaean greenstone belts of the Dharwar Craton. Our JORC-compliant feasibility study on the Ganajur gold deposit underscores our commitment to developing India’s gold mining potential.
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