Deccan Gold Mines to begin India’s First Post-Independence Gold Mining Operation

India’s mining landscape is set for a historic shift as Deccan Gold Mines Ltd prepares to launch the country’s first gold mining operation since independence at Jonnagiri, Andhra Pradesh. With regulatory clearance secured and a peak output target of 750 kg annually, the project is seen as a major boost to India’s domestic gold production.

In a significant development for India’s minerals sector, Deccan Gold Mines Ltd. is poised to commence the country’s first operational gold mine since independence at Jonnagiri, in Andhra Pradesh. The project, located in the Jonnagiri greenstone belt, is expected to yield up to 750 kg of gold at peak production, according to Managing Director Hanuma Prasad Modali, who spoke to NDTV Profit on Thursday.

“This is India’s first operational post-independence gold mine, and we believe the open-pit nature and simple metallurgy will make the project both viable and profitable,” the company stated on its official website.