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)
As part of the official visit of Tajik First Deputy Prime Minister of Tajikistan Kholikzoda to Kyrgyzstan, a representative business delegation from Tajikistan arrived. The purpose of the visit was to establish and expand trade and economic cooperation, familiarize themselves with the industrial potential of Kyrgyzstan and sign memorandums of cooperation, Kyrgyzaltyn reported. The Tajik…
The state-owned company Kyrgyzaltyn has taken full control of the assets of the former Kara-Balta Mining Plant. The main decision was the acquisition of 100% of the share in Kara-Balta Mining Company LLC, created on the basis of the restructured assets of the Kara-Balta Mining Plant. The cost of the transaction was 322.9 million soms.…
Kyrgyzstan’s largest domestic gold mining company, Kyrgyzaltyn, plans to launch two industrial projects in 2025. “Currently, a gold extraction plant is being built at the Solton Sary deposit in Naryn region in partnership with Indian collaborators. Once operational, the facility will create at least 400 new jobs,” the company’s statement said. Additionally, Kyrgyzaltyn is planning…