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Daily Archives: 08.02.2017

Kyrgyzstan: Jerui investments to total 32.6 billion soms

goldBy admin08.02.2017Leave a comment

Investments into the Jerui project will reach 32.6 billion soms in 20 years. In May 2015 the Russian Vostok-geoldobycha won the tender to develop the deposits. In early 2016 the Kyrgyz government said the construction of the gold-mining factory would start in autumn. But the year has passed, and the company was still discussing the…

Kyrgyzstan: Makmal mines 27 kg of gold in January 2017

goldBy admin08.02.2017Leave a comment

In January the Makmalzoloto mine yielded 27 kg of gold. According to Kyrgyzaltyn information, this is up by 4.7% from the target. The increase is explained by the partial replacement of machinery at Makmalzoloto. At present the mine has over 1 thousand employees. Makmalzoloto is the largest asset of Kyrgyzaltyn. The deposits grew low 10…

Ukraine: ZALK state stake to be put up for auction in September 2017

ZALK, Zaporozhye Aluminum WorksBy admin08.02.2017Leave a comment

The State Property Fund of Ukraine plans to put the 68.0095% stake of Zaporozhye Aluminum Works up for an auction in September. The privatization of the company will be carried out on the competition basis with open offers. The decision to return 68% of ZALK to the state was taken in May 2011 by the…

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