Deccan Exploration Services reaches agreement with farmers for land acquisition
Deccan Gold Mines announced that its wholly owned subsidiary, Deccan Exploration Services has reached an agreement with farmers on the issue of land acquisition. Karnataka Industrial Area Development Board will facilitate the land acquisition.DESPL will now make payment of 40% of the acquisition cost of 200 acres of land for the proposed mine, processing plant and infrastructure at Ganajur aggregating to Rs 6.82 crore (inclusive of 10% of the processing fee) to KIADB.
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