Deccan Gold expects gold production by end-2010
India's Deccan Gold Mines Ltd expects to start gold production by end-2010 with the new mines policy likely to help the company speed up its exploration activity.
“The new policy addresses these concerns and is a confidence building measure.”
India's cabinet approved a long-delayed mining policy last week that could ease investments by foreign and domestic companies in the mining sector.
The company is targeting 4 tons of gold production annually, Lakhwara said. (allAfrica)
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