Deccan Gold Mines plans rights issue and production boost

Deccan Gold Mines announced an Investor Relations Call for November 20, 2025, to discuss its Q2 FY 2025-26 performance and present its latest Investor Presentation. The company is preparing for its largest capital raise in history, a Rights Issue not exceeding ₹315 Cr, aimed at debt repayment and funding organic and inorganic growth.

The presentation details ambitious production targets, including an increase in Jonnagiri Gold Project production to ~1tpa and Altyn Tor gold production to ~1tpa by 2030. The company also aims to commence high-grade underground mining in Finland and Li-Ta(-REE) and Cu-Au production in Mozambique by the same year, alongside an increase in its greenfield and brownfield project pipeline. Deccan Gold Mines is focused on gold and critical minerals, with projects spanning India, Kyrgyzstan, Mozambique, Finland, and Tanzania.