In a strategic move that underlines Chaarat Gold's commitment to optimizing its portfolio, the international gold mining company has reached a definitive agreement with Gold Mining LLC to divest its subsidiary, CJSC Kapan. This subsidiary boasts ownership of the renowned Kapan gold-polymetallic mine, a cornerstone of Chaarat Gold's operations. The sale, marked by its forward-looking nature, is set to reshape the dynamics of the gold mining landscape and cement Chaarat Gold's position as a visionary industry leader.
A Transformative Transaction for a Prosperous Future
At the heart of this transformative transaction lies the buyer, Gold Mining LLC, which currently oversees the operations of the esteemed Lichkvaz mine located within the Armenian terrain.