Altyn Tor Gold Project in Kyrgyzstan on right track, says Deccan Gold
The project marks the first overseas mining investment by an Indian company in Kyrgyzstan and represents a powerful symbol of collaboration between the two nations
Deccan Gold Mines Ltd Managing Director Dr Hanuma Prasad Modali with Askar Beshimov, Ambassador of the Kyrgyz Republic to India, in Chennai on Tuesday
Vijayawada: Deccan Gold Mines Ltd., India’s first and only listed gold and critical minerals exploration company, said on Tuesday its Managing Director Dr Hanuma Prasad Modali met with Askar Beshimov, Ambassador of the Kyrgyz Republic to India, during his visit to Chennai and discussed the progress of the mining project in Kyrgyzstan.
The meeting reaffirmed the deepening economic and diplomatic partnership between India and Kyrgyzstan, anchored by Deccan Gold’s upcoming Altyn Tor Gold Project, which he said is on track to commence production later this year.
The Altyn Tor project marks the first overseas mining investment by an Indian company in Kyrgyzstan and represents a powerful symbol of collaboration between the two nations.
The project reflects Deccan Gold’s ambition to be a global mining player while advancing India’s Atmanirbhar Bharat vision of securing critical mineral resources.
Dr Hanuma Prasad said: “The Altyn Tor project represents more than a milestone for Deccan Gold. It reflects India’s ability to shape the future of global mining while deepening our partnership with Kyrgyzstan."
He said "my meeting with
Askar Beshimov, Ambassador of the Kyrgyz Republic to India, reaffirms our shared commitment to building a modern, inclusive resource economy that benefits both nations."
As an Indian company with global ambitions, Deccan Gold is proud to advance the Atmanirbhar Bharat vision by demonstrating that ethical mining, cross-border collaboration, and long-term value creation can go hand in hand, he stated.
The Ambassador of the Kyrgyz to India, said: “India is a valued partner for Kyrgyzstan, and we welcome Deccan Gold’s’ investment in our country. The Altyn Tor project is a testament to the opportunities that exist for cooperation in mining, critical minerals, and broader economic engagement."
He said "we see this as a foundation for strengthening our bilateral relations in ways that are sustainable, forward-looking, and mutually beneficial.”
