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BISHKEK (TCA) — "Kyrgyzstan should become a paradise for business, investors and for each entrepreneur, local and foreign, large and small," Kyrgyz President Almazbek Atambayev said at the fifth meeting of the National Sustainable Development Council of the Kyrgyz Republic. Continue reading
BISHKEK (TCA) — Canadian-based gold mining company Centerra Gold Inc. and Kumtor Gold Company have said that gold production at the Kumtor mine, the largest gold mine in Kyrgyzstan, was 550,960 ounces or 17,136.78 kg in 2016. Gold sales in 2016 were 546,342 ounces or 16,993.15 kg with a revenue totaling $686.4 million. Continue reading
BISHKEK (TCA) — Canadian-based gold mining company Centerra Gold Inc. and Kumtor Gold Company have said gold production at the Kumtor mine, the largest gold mine in Kyrgyzstan, was 550,960 ounces, or 17,136.78 kg, of gold for the full year 2016. Continue reading
BISHKEK (TCA) — More than two thousand licenses for the right to explore and develop mineral deposits have been issued in Kyrgyzstan but no more than 10% of them are active. Each year, about 200 companies coordinate their mining development programs and plans, Chairman of the Central Committee of the Mining and Metallurgical Union of Kyrgyzstan Eldar Tajibaev said. Continue reading
BISHKEK (TCA) — A processing plant at the Kuru-Tegerek copper and gold mine located in the Chatkal district of the Jalal-Abad province in southern Kyrgyzstan would start operating at the end of 2017. Continue reading
BISHKEK (TCA) — Centerra Gold Inc. and Kumtor Gold Company (KGC) have summed up their operating results in the second quarter of 2016 and said that in the first six months of 2016, the Kumtor mine — the largest gold mine in Kyrgyzstan — produced 184,168 ounces or 5,728.27 kg of gold. KGC has contributed more than 3.01 billion soms in taxes and mandatory payments to the Kyrgyz budget. Continue reading