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BISHKEK (TCA) — Kumtor Gold Company has said that its two vice presidents — Mark Burton, Vice President, Finance, and Leslie Louw, Vice President, Procurement and Logistics — have left Kyrgyzstan to take their long-planned vacations that had been approved back in January and March 2016. Continue reading
BISHKEK (TCA) — Canadian based gold mining company Centerra Gold Inc. says that the Kyrgyz Republic General Prosecutor’s Office (GPO) and other state law enforcement agencies conducted a search at the Bishkek offices of Kumtor Gold Company (KGC), Centerra’s wholly-owned subsidiary, in the afternoon of April 28. Continue reading
BISHKEK (TCA) — Looking at figures, it can be concluded that Kyrgyzstan’s largest gold mine and champion moneymaker Kumtor is bound to be depleted within not too many years and the annual gold production can be more or less kept up only with the opening of new deposits. Continue reading
ASTANA (TCA) — Polymetal is planning to become the second-largest gold producer in Kazakhstan with a total output of 13 tons of gold per year from its Varvarinskoye and Kyzyl mines by 2020, Novosti-Kazakhstan news agency reported citing Kanat Dosmukametov, Polymetal’s managing director in Kazakhstan. Continue reading
ASTANA (TCA) — Projected gold reserves in Kazakhstan are estimated at 9.5 thousand tons, the Chairman of the Committee of Geology and Subsoil Use of the Ministry of Investment and Development of Kazakhstan Bazarbai Nurabayev said during the 7th mining forum MINEX 2016 in Astana on April 20, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Polymetal International plc has entered into a binding agreement with Kazzinc LTD, a subsidiary of Glencore plc, for the acquisition of Orion Minerals LLP, the holding company for the Komarovskoye gold deposit in Kazakhstan, Polymetal said on April 4. Continue reading
