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Deccan Gold Mines introduced that Australian Indian Assets (AIR) has entered right into a administration consultancy settlement with Avelum Companions, Kyrgyzstan (Avelum).
This consultancy settlement is for a interval of 1 12 months with a provision for renewing it yearly.
It might be famous that Avelum is working an open pit gold mine in Kyrgyzstan.
AIR would be the administration advisor for this gold mission. Its function would contain advising on enlargement of mine/ gold manufacturing and improve processing plant capability.
The corporate is within the technique of buying a major stake in GMSI by means of a composite scheme of association which inter alia entails taking on AIR as a completely owned subsidiary of the corporate.
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