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Kyrgyzaltyn OJSC denied licenses for gold deposits

The State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan denied Kyrgyzaltyn OJSC in the licenses for the development of gold deposits. The decision was made by the commission.

Kyrgyzaltyn OJSC received a refusal on placer gold deposits of Sary-Jel and Kumbel in Naryn region.

In addition, Altyn Tash Company LLC (Pervenets) and «ACC Tash» (Verkhnekeminsky ore field area) also were denied the right to use gold ore deposits.

Negotiations on Taldysu deposit in Issyk-Kul region are planned with Batyr Gold LLC, with Sardoniks Ltd — on the central section of Echkilyutash field.