Deccan Gold Mines subsidiary enters agreement for refining and sale of gold-bearing dore
India, Nov. 9 -- Deccan Gold Mines has announced that its subsidiary Avelum Partner LLC, Kyrgyz Republic has entered into an Agreement with OJSC Kyrgyzaltyn, the state-owned gold refining enterprise of the Kyrgyz Republic, for refining and sale of gold-bearing dore produced from the Altyn Tor Gold Project.Pursuant to the Agreement, Avelum Partner LLC has dispatched the first consignment consisting of a 1.2 kg dore bar to OJSC Kyrgyzaltyn. The consignment has been sent to establish and validate the operational, refining and settlement procedures contemplated under the agreement.This milestone marks a significant step towards the commercialization of the Altyn Tor Gold Project and reinforces the Company's progress in advancing its operations ...
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