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Deccan Gold Mines Ltd. Company History and Annual Growth Details

2003

- Approval of Final Letter of Offer for proposed Rights Issue of 4,90,00,000 Equity shares of Re 1/- each fully paid up, to the equity shareholders in the ratio of 20 shares for every 1 share held.

2004

-Bangalore: Deccan Gold Mines Ltd has said that it has found feasible gold-bearing ore deposits at the Dharwad-Shimoga basin where it started drilling about two weeks back.

-Bangalore: Deccan Gold Mines Ltd discovers gold bearing ore deposits at Dharwad-Shimoga basin.

- Deccan Gold Mines has identified 22 independent exploration targets for gold mining, comprising an area of about 5,000 sq km in the Dharwad-Shimoga block.

- Deccan Gold Mines has discovered gold bearing deposit of 470 x 27 capable of yielding 2 tonnes of Gold in Haveri district of Karnataka

-DGML acquires Reverse Circular rig

2005

-Deccan Gold Mines Ltd. has acquired 100% Equity Share Capital of Indophil Resources Exploration Services (INDIA) Pvt Ltd (IRESI Pvt Ltd).

2008

-Deccan Gold Mines Ltd has concluded a Memorandum of Understanding (MoU) with JB Mining Holdings Ltd, Hongkong (JB).

2010

-Deccan Gold Mines,Commencement of Resource Drilling in Ganajur Main Gold Prospect.

2012

-Deccan Gold's wholly-owned subsidiary Deccan Exploration Services Pvt Ltd has been awarded with a Prospecting License for gold over an area of 4 sq. km. in the Mangalagatti Block located in Dharwar, Karnataka.

2014

-Registered Office of the Company has been shifted to the following address with effect from February 04, 2014. Parinee Crescenzo, C38-C39, G Block, Bandra Kurla Complex, Bandra (E)Mumbai - 400051 Maharashtra Tel No. + 91 22 33040797 Fax No. + 91 22 33040779

2015
-Deccan Gold Mines - DGML & DESPL move to new offices in Bangalore, Karnataka.
-Deccan Gold Mines Ltd has "Adoption of a new logo".
-Deccan Gold Mines - Ganajur Gold Project.
-Deccan Gold Mines - Drilling at Ganajur and Mangalagatti PL Block.
-Deccan Gold Mines hires Disha Communications for PR services.
-Deccan Gold Mines Limited-Gold Exploration
-Deccan Gold Mines to commence drilling operations in Karnataka.
-Deccan Gold Mines issues rights to its existing shareholders in the ratio of 1:2

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