The Ukrainian Metal

Tajikistan: KRL to mine gold at Pakrut

By the end of the year KrysoResourcesLImited (China) intends to have mined 207 kg of gold at the Pakrut deposits.

Gold output is expected to increase to 1-1.5 tons per year.

The company started developing Pakrut in 2012. Since then investments have totaled $180 million, and $76 million more are needed.

At present the project employs 480 Tajikistan citizens and 120 Chinese. In future the project will provide over 2 thousand jobs, of which 20% will be given to the Chinese and 80% to the Tajikistan citizens.

Tajikistan estimates deposit reserves at 160 tons, while the Chinese party – at 40 tons. (Ukrainian metal)

Exit mobile version