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Deccan Gold Mines Limited β Q1FY27 Earnings Call Summary
Key Takeaways
- Q1 FY27 marked Deccan Gold Mines' transition from explorer to producer with two operating gold mines: Jonnagiri and Altyn Tor
- FY27 guidance: Jonnagiri 500-600 kg gold production, Kyrgyzstan 150-160 kg; FY28 expected growth to 750-800 kg and 300-350 kg respectively
- Government support expected mainly for critical minerals via National Critical Mineral Mission and tax incentives
- Physical AGM planned for FY27
- Capex estimates: Rs.400-500 Cr for 1000 tpd plants; Rs.650-700 Cr for Bhalukona 3000 tpd plant; funding via equity, debt, and off-take agreements
- Underground mining capex estimated Rs.150-200 Cr for Altyn Tor, Rs.400+ Cr for Jonnagiri over 3-5 years
- Jonnagiri produced 112 kg dore bar, 90 kg bullion; 59 kg gold sold generating Rs.87 Cr revenue and Rs.6.35 Cr PAT share
- Kyrgyzstan (Altyn Tor) nearing full-scale production; commissioning larger leach circuit and tailings dam underway
- Critical minerals focus: nickel-copper-PGE in Chhattisgarh, tungsten in Spain, lithium-tantalum in Mozambique; drilling and resource development ongoing
- Refinery setup at Jonnagiri for bullion; Kyrgyzstan dore bars sold to government refinery at LBMA prices
π Source: View original transcript (PDF)
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Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.