Support and Resistance Levels
Past performance
About Deccan Gold Mines Ltd Deccan Gold Mines Limited (DGML), established in 2003 and listed on the Bombay Stock Exchange, is India's first and only gold exploration company. With a strong foundation in modern exploration techniques, DGML and its subsidiary, Deccan Exploration Services Private Limited (DESPL), focus on gold exploration and mining across Karnataka, Andhra Pradesh, and Rajasthan. Key projects include the Dharwar-Shimoga, Hutti-Maski, Ramgiri, and Mangalur belt projects, with significant exploration activities and mineralized zones identified.
The company has expanded its portfolio with strategic acquisitions, including a 41.81% stake in Geomysore Services (India) Private Limited and plans to acquire a 60% stake in Avelum Partners LLC, Kyrgyzstan. DGML aims to become a significant Indian-owned global mining entity, with plans for commercial operations in 2024. Supported by a dedicated management team and strong shareholder backing, DGML is poised to deliver substantial value to its stakeholders through its extensive portfolio of exploration and near-production assets.