Kenadyr Mining launches drilling program in Kyrgyzstan

MINEX FORUM | May 24, 2017
img0 Kenadyr Mining (Holdings) Corp. (TSX-V: KEN; OTCMTKS: KNDYF) announced that drilling has commenced on the South Zone of Kenadyr’s 100% owned Borubai License, Kyrgyz Republic. The South Zone is directly adjacent to Zijin Mining Group Co Ltd.’s (“Zijin”) Taldy-Bulak Levoberejny (“TBL”) Mine deposit, currently in production. Initial drilling is designed to intersect an area which was ...

Kyrgyz Unkurtash is considered profitable in Highland Gold’s Scoping Study

MINEX FORUM | April 6, 2017
img0 Highland Gold Mining Limited (“Highland Gold” or the “Company”) announced details of a Scoping Study, compiled together with consultants SRK, which indicates positive economics for the Unkurtash project (for more details see here).  Located in the Republic of Kyrgyzstan in Central Asia, the Unkurtash license area covers three well-explored deposits – Unkurtash, Karatube and Sarytube ...

EBRD to help Kyrgyzstan to rehabilitate uranium production sites

MINEX FORUM | April 5, 2017
img0 A joint delegation from the European Union and the European Bank for Reconstruction and Development (EBRD) has held talks with the government of Kyrgyzstan on addressing the environmental legacy of uranium mining in Central Asia, said world-nuclear-news.org. Kyrgyzstan, Tajikistan and Uzbekistan formed an important uranium-producing region in the former Soviet Union, and more than 9000 tonnes ...

Stans Energy to try win back compensations from Kyrgyzstan in UN Permanent Court of Arbitration

MINEX FORUM | January 30, 2017
img0 Canadian-based rare earths and lithium junior Stans Energy (TSX-V:HRE), said the UN Permanent Court of Arbitration won’t dismiss its claim for compensation from the Kyrgyz Republic for revoking its mining licences in 2014, mining.com said. The decision means the $210 million arbitration against the Kyrgyz Republic will advance to the merits stage, the company said. “We ...

Uzbekistan’s reforms to tackle previously existing challenges in the mining sector

Artpol6 | January 26, 2017
img0 After 25 years of authoritarian rule, elected on 6 December 2017 the new President of Uzbekistan is launching reforms to address pressing economic and social issues. The creation of free conversation of the national currency is the cornerstone of the reform. President’s Mirziyoyev’s aspirations to open up the country to the international markets has caught ...