Faroz has received a license to prospect and develop gold-ore and antimony deposits in Sogdiy region.
The license for the Ukobkhon gold deposits and Pakhndar antimony deposits is valid until 2022.
The company has been prospecting and developing Tajikistan subsoil for a number of years now. In particular, it has received the right to use the granite, magnetite, lime and gypsum deposits.
The name of the company owner is not disclosed, but sources close to the government say, that it is one of the president’s sons-in-law. (Ukrainian metal)