DGML’s Managing Director, Dr. Hanuma Prasad Modali (on right) and Kyrgyz Ambassador H.E. Mr. Askar Beshimov (left of pic)
As
production nears, India’s first listed gold explorer reaffirms commitment to
responsible mining and cross-border partnerships; meeting with Kyrgyz
Ambassador underscores shared vision
Deccan
Gold Mines Ltd. (“Deccan Gold”),
India’s first and only listed gold and critical minerals exploration company,
today announced that its Managing Director, Dr. Hanuma Prasad Modali, met with
H.E. Mr. Askar Beshimov, Ambassador of the Kyrgyz Republic to India, during his
visit to Chennai on September 29, 2025. The meeting reaffirmed the deepening
economic and diplomatic partnership between India and Kyrgyzstan, anchored by
Deccan Gold’s upcoming Altyn Tor Gold Project in Kyrgyzstan, which 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. It 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 Modali, Managing Director, Deccan Gold
Mines Ltd., 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. My meeting with
H.E. Mr. 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.”
H.E. Mr. Askar Beshimov, Ambassador of the Kyrgyz Republic
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. We see this as a foundation
for strengthening our bilateral relations in ways that are sustainable,
forward-looking, and mutually beneficial.”
Strengthening India–Kyrgyzstan partnership
The
meeting reflects the growing alignment between India and Kyrgyzstan in trade,
investment, and resource development. Mining and critical minerals are priority
sectors that can help both countries strengthen supply chains, reduce import
dependence, and foster innovation. Deccan Gold’s investment in Kyrgyzstan
showcases how cross-border partnerships can support India’s long-term resource
security while contributing to Kyrgyzstan’s economic progress.
