Reported sales nilNet Loss of Deccan Gold Mines reported to Rs 0.76 crore in the quarter ended March 2021 as against net loss of Rs 0.74 crore during the previous quarter ended March 2020. There were no Sales reported in the quarter ended March 2021 and during the previous quarter ended March 2020.
For the full year,net loss reported to Rs 3.22 crore in the year ended March 2021 as against net loss of Rs 2.67 crore during the previous year ended March 2020. There were no Sales reported in the year ended March 2021 and during the previous year ended March 2020.
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Deccan Gold (Tanzania) bags 3 Prospecting Licences from Tanzanian authorities Deccan Gold Mines announced that 3 of the Prospecting Licences (PLs) have been granted by the mining
authorities in Tanzania in favour of the company s subsidiary viz., Deccan Gold (Tanzania) (DG
Tanzania). DG Tanzania has received official intimation from the Commissioner of Minerals and
Mines, Ministry of Minerals and Mining Commission, Tanzania in this regard on 08 February 2021.
The remaining two PL applications which were already recommended are expected to be granted in
the coming few days.
It may be noted that DG Tanzania submitted 5 PL applications as per Section 123 of the Tanzanian