Deccan Gold Receives ASSOCHAM Award for Mineral Discovery at Chhattisgarh Project
Deccan Gold Mines Limited has been recognized with a runner-up award from the Associated Chambers of Commerce & Industry of India (ASSOCHAM). The award, categorized under 'Excellence in Mineral Discovery and Exploration,' was granted for the company's discovery of nickel, copper, and PGE mineralisation at its Bhalukona Project located in Chhattisgarh.The operational progress at the Bhalukona site has seen six exploration holes drilled to date. Five of these drill holes have intersected potentially economic Ni-Cu-PGE mineralisation. Should continued exploration efforts be successful, Deccan Gold is optimistic that the Bhalukona project could evolve into India's first Nickel-Copper-PGE mine and significantly contribute to the country's critical minerals ambitions.
Deccan Gold Mines Ltd has been established since 2003 and stands as the first and only gold and critical mineral resource company listed on the Bombay Stock Exchange Limited (BSE). The company maintains a strategic portfolio of assets across various countries, including Andhra Pradesh, Kyrgyzstan, Chhattisgarh, Spain, Mozambique, Finland, and Tanzania.
Deccan Gold’s corporate vision is to be India's leading gold and critical minerals producer. Through its commitment to ethical and responsible mining practices, the company aims to transform natural resources into shared prosperity, setting high standards for sustainable nation-building alongside resource extraction.
DECNGOLD Stock Price Movement
As of 2:45 PM, shares of Deccan Gold Mines Limited are slipping by 1.57% in live trading, currently at ₹212.40 as the stock shed ₹3.38 from its previous close. The equity continues to trade within a wide intraday range, having previously tested its 52-week high around ₹221.27 amidst heavy volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.