Kyrgyzstan has more than 5,000 deposits of various minerals, including gold, rare earth elements, uranium, thorium and other valuable metals, Deputy Minister of Natural Resources Narynbek Satybaldiev has announced at a briefing. According to approved government data, gold reserves in Kyrgyzstan amount to just over 1,000 tons. However, geologists estimate the country’s total resource at…
In the first nine months of 2024, Kyrgyzstan exported 15% more gold than in the same period of 2023. The National Statistical Committee provided the data. In total, during this period, Kyrgyzstan exported 11.3 tons of gold worth $853 million. This is a 15% increase in weight and a 37% increase in value compared to…
The Canadian company Euro Sun Mining, the owner of the Rovina gold project in Romania, the second largest in Europe, has concluded a binding Memorandum of Understanding with the Anglo-Swiss group Glencore, the world’s largest commodity trader, for the production to be obtained at the field in Romania. The project faces environmental hurdles generated by…
Gold mining has begun at Buchuk site of Solton-Sary gold deposit, the head of the Geology Department of the Ministry of Natural Resources, Ecology and Technical Supervision of Kyrgyzstan Rustam Beishen uulu has announced. According to him, the volume of investments is about 900 million soms. According to the forecast, it is planned to mine…
A gold deposit was returned to the state in Batken region, the press center of the State Committee for National Security (SCNS) reported. “As part of investigative and operational measures based on the materials of a criminal case registered on the facts of money laundering, as well as financing the activities of Kamchi Kolbaev’s organized…
A gold bar production workshop is expected to be opened in Kara-Balta city as part of a state project, the city mayor Milan Zhekshenov has announced. According to him, the construction and reconstruction of the building of the workshop have been fully completed – the area of the facility is 1,500 square meters. The total…
Kyrgyzstan increased gold exports by 18.75% YoY in the first half of 2024, to 5.7 tons. In value terms, exports amounted to $405 million. In the first half of last year, 4.8 tons of gold were exported for $302 million. The main deliveries were to: Great Britain – more than 2.8 tons for $212 million,…
On August 27, the State Property Registry will hold an online auction to sell 23 deposits. The auction had to be held on August 12, but was postponed due to technical reasons. The following deposits will be auctioned: Bogembai (coal), Uzynmurt (polymetals), Tursun-Tore (gold). Vostochno-Kozyrevskoye (bauxites), Yesymzhal (manganese) and Alpys (gold, cadmium, copper, lead, silver…