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The Ministry of Industry and Construction notified the company of incomplete fulfillment of its contractual obligations regarding investments in exploration and drilling work under the exploration contract in 2021, the inbusiness.kz correspondent reports.
In early December, the Ministry of Industry and Construction (MIC) notified the gold mining AltynEx Company, which is developing the Yubileinoye gold deposit in the Aktobe region, of violations under contract 2560 dated January 28, 2008 for the exploration of gold and base metals. This information follows from a letter posted on the website of the industry department.
"For 2021: execution of investments is 82.69%, or 218,041.53 thousand tenge, with a planned indicator of 263,700.625 thousand tenge; execution of exploration costs is 75.53%, or 181,438.06 thousand tenge, with a planned indicator of 240,219.66 thousand tenge; execution of drilling work is 26.32%, or 5 wells, with a planned indicator of 19 wells; execution of dril
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