Bengaluru firm Deccan Gold Mines to up its gold production capacity, forays into critical mineral sector - The Hindu

AI desk brief

Deccan Gold Mines said it is ramping gold output at its Jonnagiri/Swarnagiri mine in Andhra Pradesh from just over 1 kg/day toward 400-600 kg in FY2026-27, with a longer-term target of 1.2-2.0 tonnes a year from 2030. Its Kyrgyzstan project has an initial capacity of 300 kg/year and is expected to rise above 700 kg/year at peak within five years; the company has already invested ₹350 crore there.

The company also said its Finland mine is still at the exploration/drilling stage, targeting 8 tonnes of resources and 600 kg/year from 2030. Management argued India could produce 100 tonnes of gold annually versus current output of 1.5 tonnes, but said high royalties and regulatory delays are holding back development, with 35 identified blocks reportedly stalled by the government.