Prime Minister Bakytzhan was presented a project for the construction of Altyn Ex mining and metallurgical plant in Altyndy.
The company is currently developing the Yubileynoye field, one of the largest deposits of gold-bearing ores in the country. Also, according to the founder of the enterprise the construction of the plant will increase productivity, and process the poor ore with the release of Dore bar – alloy of gold and silver. The new production will use modern technologies and advanced high-performance equipment.
The annual production capacity will amount to 5 million tons of gold-bearing ore per year. This will allow the plant to take the second place in processing gold-bearing ores in Kazakhstan and increase the percentage share of the country in world gold production. Completion of the construction is planned by 2020. With the commissioning of production, 800 new jobs will be created. (Kazinform/Ukrainian metal)