"India remains a virgin gold mine"

INTERVIEW

 

  Deccan Gold Mines is the first gold mining company to be listed in Inda. About 80 per cent of its Rs 25 lakh equity capital is held by shareholders of Rama Mines, Mauritius, which was set up to raise resources for Australian Indian Resources (AIR).

 Two AIR subsidiaries hold reconnaissance permits (RPs) for gold and base metal explorations throughout India.

  Currently, Deccan Gold shares are trading at Rs 115.15. Charles Devenish, chairman, and Sandeep Lakhwara, managing director, speak about the company