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BISHKEK (TCA) — Canada-based Centerra Gold Inc., the largest Western-based gold producer in Central Asia which is also developing the Kumtor gold deposit in Kyrgyzstan, on February 4 announced that the Mongolian Parliament had passed a resolution setting the state ownership interest in the Gatsuurt Project at 34% and authorizing the Mongolian government to complete negotiations with Centerra on the terms of such ownership. Continue reading
DUSHANBE (TCA) — Tajikistan’s gold production in 2015 grew 31.6 percent and silver production increased by 61 percent compared to 2014, Avesta news agency reported citing Tajik Minister of Industry and New Technology Shavkat Bobozoda. Continue reading
TEHRAN (TCA) — Iran’s mining sector now attracts more foreign investors, with companies from China and Europe lining up to take part in one of the least developed industries in the resource-rich country as Iranian President Hassan Rouhani is visiting Italy and France between January 25 and 27, Iran’s PressTV news agency reported. Continue reading
ASTANA (TCA) — Kazakhstan has retained its leading position in the world as the largest natural uranium producer, the country’s national atomic company Kazatomprom said on January 18. Continue reading
BISHKEK (TCA) — Centerra Gold Inc. and Kumtor Gold Company have announced that they exceeded their 2015 annual gold production guidance for the Kumtor gold mine in Kyrgyzstan. Continue reading
ASTANA (TCA) — The plant to produce barite concentrates at the Bestobe deposit in Kazakhstan’s Karaganda province will reach its design capacity in 2018, the Ministry of Investment and Development of Kazakhstan said. Continue reading