Deccan Gold’s Kyrgyzstan project on track for August launch

Vijayawada: Deccan Gold Mines Limited, India’s only listed gold and critical minerals mining company, has reported significant progress at the Altyn Tor Gold Project in Kyrgyzstan, with the project moving steadily toward commercial operations scheduled for August 2026.The company said work is progressing at full pace at the site following improved weather conditions, with nearly 130 Indian technical professionals working alongside a large local workforce to accelerate commissioning activities.A major milestone has been achieved with the successful commissioning of the project’s gravity plant. The first-phase leaching circuit is expected to be commissioned in June, enabling the production of gold dore bars. The full-scale plant, after completing all trial runs, is expected to be ready for commercial operations by August 2026. The inauguration is planned to coincide with the Independence Day celebrations of both India and Kyrgyzstan, symbolising the growing economic ties between the two nations.Deccan Gold’s investment in Avelum Partners, the developer and operator of the Altyn Tor Gold Project, marks the first investment by an Indian mining and exploration company in the Kyrgyz Republic, positioning the company at the forefront of India’s expanding global mining footprint. The Altyn Tor deposit is located in the highly mineralised Soltan Sary gold belt, part of the Tien Shan Shear Zone, known for extensive gold mineralisation systems stretching over 300 km.Commenting on the development, Dr Hanuma Prasad Modali, Managing Director of Deccan Gold Mines Limited, said, “The progress at Altyn Tor reflects Deccan Gold’s transition towards a diversified, production-oriented mining platform across geographies. As resource security and supply diversification gain global importance, strategic mineral partnerships between nations will become increasingly critical.”“As the first Indian mining company to invest in the Kyrgyz Republic, we see Altyn Tor as more than a mining project—it represents long-term cross-border collaboration and shared value creation between India and Kyrgyzstan,” he added. He noted that the commissioning of the gravity plant and the expected start of gold doré production in June mark key milestones ahead of commercial operations later this year.The company said it remains focused on responsible mining practices, operational discipline, and long-term value creation as it continues to expand its gold and critical minerals portfolio in India and overseas markets.