Deccan Gold Mines Ltd ( DGML) Managing Director Hannuma Pradhad told in a conference that the full swing production of the nation first gold private mine  in Andhra pradesh will begin by the next year. 

In an interview Mr Prashad said to the PTI , the Gonnagiri gold project in which the full form operation has began, now  create 750 Kg gold per annum, when the mine comesin full - scale production. 

DGML ( DECCAN GOLD MINE Ltd) ) , the 1st and only gold creation company which is listed on BSE  consists significant stake of 40 % in Geomysore Services India limited, it is in presence of the first private sector Gold mine in Jonnagri. 

The gold mine in which a total investment of about Rs 200 Crore has been investment so far, now the target  is to obtain near about 1 Kg Gold per month at present time so far. 

In this mine ( Jonnagri project) the construction work is going on. By default next year, around October - November, that will come into production is told by Mr Prashad. The gold mine is located near Jonnagri, Erragudi and Pagadirayi villagers is situated Tuggali Mandalam in the Kurnool district of Andhra pradesh. 

The gold mine was take over in 2013. It took about time 8 - 10 year to complete the mine project.. The MD sir said that the extersion of its another gold mining project in Kyrgyzstan in which DGML has 60 % stake in which the production will remain start in October - November of 2024. He said, the AltynTor Gold Project will be Obtaining 400 Kg gold pet annum. 

The company DGML was established in 2003 by promoters wih deep experience in the exploration and mining sector. This DGML company has been involved in gold mining activities in India and Overseas. 

This company is also mining in Karnataka led to discover of open pittable Gold deposits are in Hutti and Dharwar - Shimoga belts. 

DGML was found initiated merger and acquisition activities for its diversification and expansion, from 2021.