India to start mining gold in Kyrgyzstan

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The Indian company will begin developing the Solton-Sary gold deposit in the second half of 2024, said Deputy Chairman of the Kyrgyzaltyn Board Narynbek Satybaldiev on the Kyrgyz Birinchi Radio.

The Solton-Sary deposit contains three types of gold: gold in the remains of the ore, metals left over from stripping operations, and jewelry at the bottom of the quarry, Satybaldiev said.

“Currently, the Indian company is actively preparing for the development of gold. It is planned to begin the development of the precious metal in the second half of the year,” he noted.

In 2022, it was reported that the Avelum Partner company plans to process the tailings of the Solton-Sary mine, owned by Kyrgyzaltyn OJSC (100% state share), to produce gold. The founders of this company are two legal entities and two individuals, two on each side:

Hira Infra-Tech Limited;
“Med Education Care Marketing Management”;
Akbergenov Iskander Abylkerimovich;
Akmatova Aida Abasovna.
At the same time, the company Hira Infra-Ttr Limited, based in India, specializes in real estate transactions, owning both its own and leased property.

The average gold content in ore is 0.6 g/t. Ore reserves are 1049 thousand tons, gold reserves are 6.3 tons. According to Kyrgyzaltyn OJSC, the forecast gold reserves at the Solton Sary deposit are about 20 tons.

In Kyrgyzstan, gold mining is carried out by companies from other countries. For example, such as: China, Russia, Britain and the Netherlands.

- The Jerooy deposit with a reserve (105.6 tons) in the Talas region, Unkur-Tash and Kara-Tyube (51.6 tons) are developed by companies from Russia: Alliance-Altyn LLC and Highland Gold .

- Large gold deposits “Chaarat” (102.3 tons) and Nichke-Suu (130.9 tons) are being developed by companies from Britain “Chaarat Zaav” CJSC, a subsidiary of the British holding “Chaarat Gold Holdings Limited” and Kai Enterprise Plus LLC

- The gold deposits “Ishtamberdi” and “Taldy Bulat Levoberezhny” (67.7 tons), “Savoyards” (8 tons) are developed by the Chinese companies Full Gold Mining LLC, “Superb Pacific Limited” (60% shares) together with “Altyn Ken” and Jinhan Mining Company LLC.

- The Bozymchak deposit (14.9 tons) is located in the southwest of the country in the Ala-Buka district of the Jalal-Abad region and is developed by a company from Kazakhstan, KAZ Minerals PLC, which is registered in the Netherlands and founded by Kitko.Bi.V.

The Chinese company Zhong Ji Mining tried to develop the Salton Sarah mine in 2019, but it had a conflict with local workers who drove out foreign investors.

Later, the conflict escalated into a scandal and residents categorically opposed the development, saying that as a result, livestock deaths began.

CentralAsianLIGHT.org

March 20, 2024