31 May 2022 12:10

Kyrgyzstan to develop Andash and Taldy-Bulak gold deposits independently - prime minister

BISHKEK. May 31 (Interfax) - Kyrgyzstan intends to develop the Andash and Taldy-Bulak gold deposits independently, Prime Minister Akylbek Zhaparov said at a meeting of the Anti-Corruption Business Council on Tuesday.

"We plan to develop deposits such as Andash and Taldy-Bulak independently," Zhaparov said.

According to the prime minister, the government plans to transfer the projects to the Great Heritage of Nomads national holding.

"Gold is a resource that continuously increases in value. Gold will always retain its price, and a country that owns gold deposits cannot be poor," Zhaparov said.

The Taldy-Bulak and Andash gold deposits are located in the Talas Region, Kyrgyzstan. According to preliminary estimates, the Taldy-Bulak deposit contains around 120 tonnes of gold, 800,000 tonnes of copper, and 50,000 tonnes of molybdenum. The explored gold reserves at the Andash deposit total nearly 20 tonnes.