Kyrgyzaltyn OJSC’s net profit in the first half of 2026 amounted to 33 billion soms, 1.8 times more than the company earned during the whole of 2025. Last year, Kyrgyzaltyn’s net profit amounted to 18.7 billion soms. Thus, in just the first six months of 2026, the company earned 14.3 billion soms more than in…
Kyrgyzaltyn OJSC has been granted the right to conduct geological exploration for iron, titanium and vanadium at Bala-Chichkan deposit. The relevant Cabinet of Ministers resolution was signed by Chairman Adylbek Kasymaliev. The subsoil-use rights were granted for geological exploration. The deposit has estimated iron reserves of 1 million tons. The Bala-Chichkan area covers 4,361 hectares…
Shareholders of Kyrgyzaltyn OJSC have decided to allocate 100% of the company’s net profit for 2025 as dividends to the state budget. The decision was made at the annual general meeting of shareholders, where the company’s financial and operational results were reviewed. According to the results for 2025, Kyrgyzaltyn’s revenue amounted to 20.7 billion soms,…
Chairman of the Cabinet of Ministers and Chief of Staff of the Presidential Administration Adylbek Kasymaliev familiarized himself with the operations of Kyrgyzaltyn OJSC. The company’s Chairman of the Board, Kubat Abdraimov, presented information on the operations of the company’s gold bar store. As of the end of the year, the store’s revenue exceeded 855…
The Kyrgyz government has granted Kyrgyzaltyn, a state-owned company, the right to develop the 178.6-hectare Taldy-Bulak deposit in the Talas district of the Talas region. The state-owned company was also granted permission to conduct geological exploration on the 3,315.4-hectare Taldy-Bulak site. The estimated gold reserves at the Taldy-Bulak deposit are 120 tons, and copper reserves…
Kyrgyzaltyn OJSC held a series of meetings with representatives of major U.S. companies – Pangea Global, Mooney Group, TETHYS Gateway Investment – as well as the Nasdaq stock exchange during the B5+1 Business Forum. The negotiations were chaired by Kyrgyzaltyn Management Board Chairman Kubat Abdraimov. During the meetings, the parties discussed prospects for developing Kyrgyzstan’s…
Kyrgyzstan has been drawn into a global gold storm. Following the sharpest collapse in precious metals prices in recent years, residents have rushed en masse to Kyrgyzaltyn store to sell their gold bullion bars in an effort to avoid further losses. Over the weekend, the line stretched to more than 100 people – an influx…
Kyrgyzaltyn JSC plans to present a new product – silver weighted ingot, the press service of the company reports. Silver weighted ingot is a standard ingot made of refined silver, weighing no more than 1,000 grams with a silver content of no less than 99.99%. (24.kg/Ukrainian metal)