«In 2021, for the first time in the history of Kyrgyzstan, temporary external management was introduced at Kumtor Gold Company CJSC. As a result of these actions, all the gold produced by the enterprise remains on the territory and in the ownership of the republic,» press service of the Cabinet of Ministers said.
According to it, strategic deposits (Andash, Taldy-Bulak, Togolok) will be developed by domestic state-owned companies.
Heritage of the Great Nomads National Holding Company and Kyrgyzgeology state enterprise were established for these purposes.
By order of the Cabinet of Ministers, the moratorium on granting licenses for the right to use subsoil to economic entities and state-owned enterprises with a 100 percent state stake has been lifted.
In order to return licenses unreasonably held by unscrupulous subsoil users, the fees for their retention have been raised.
Reclamation funds (about 340 million soms) of subsoil users (except for Kumtor) will be accumulated in banks with a 100 percent state share (RSK Bank and Aiyl Bank JSC) and can be used by banks on a repayable basis.
In order to preserve, restore water ecosystems and efficiently use water resources, new fees for the use of surface water for the mining industry have been approved — from 60 to 100 soms per 1 cubic meter (depending on the elevation 2,700 meters above/below sea level).
