MINEX Forum

Tag: Akylbek Zhaparov

  • Government Ready to Collaborate with Businesses to Solve Kyrgyzstan’s Mining Issues

    Government Ready to Collaborate with Businesses to Solve Kyrgyzstan’s Mining Issues

    During the meeting, representatives of the IBC presented a comprehensive list of key issues that affect the industry. These concerns encompassed the ban on the export of gold-bearing ores and concentrates, the onerous financial burden imposed on subsoil users, the exorbitant license retention fees spanning from October 2021 to August 2022, government intervention in industry affairs, interference by law enforcement agencies in enterprise operations, and the matter of electricity tariffs.

    The meeting proved to be highly productive, as we were able to present a thorough compilation of questions prepared by esteemed members and experts of the IBC Committee on Mineral Resources. Akylbek Usenbekovich, the Prime Minister, assured us that these issues are of great concern to the government and acknowledged their acute nature. It is imperative that we adopt a proactive approach in resolving these industry challenges,” affirmed Askar Sydykov, the esteemed Executive Director of the International Business Council.

    To address these concerns, it is crucial to develop a comprehensive strategy accompanied by a step-by-step plan of action. This strategy should take into account the construction timelines and operational activities of significant mining enterprises, as well as the development programs for smaller deposits. Ultimately, this will serve as the foundation for the creation of the Mining Code of Kyrgyzstan. Following the meeting, there was a mutual understanding with the government regarding many of these matters. The Prime Minister expressed his agreement that these problematic issues must be swiftly resolved, and the government is committed to taking all necessary measures to address them,” concluded Askar Sydykov.

  • What Does the Abandoned Kutessay-II Rare Earth Elements Deposit Look Like Now?

    What Does the Abandoned Kutessay-II Rare Earth Elements Deposit Look Like Now?

    Throughout the visit, Zhaparov was duly apprised of the encouraging news that the deposit’s ore reserves had witnessed a commendable increase, surging from 51.5 thousand tons to an impressive 75 thousand tons subsequent to the latest additional exploration. This bountiful ore houses a rich assemblage of molybdenum, bismuth, lead, beryllium, and silver.

    During the bygone Soviet era, the Kyrgyz Chemical and Metallurgical Plant (HMP) played a pivotal role in processing the rare earth concentrate. At the zenith of its operational prowess, the plant boasted an impressive production capacity of 500 million tons per annum. Its comprehensive processing techniques ingeniously extracted rare earth elements from the esteemed Kutessay-II deposit, effectively fulfilling a staggering 80% of the USSR’s demand.

    Sadly, the plant’s production activities inadvertently necessitated the creation of five waste storage facilities in the Kemin district. Four of these facilities are situated in the Ak-Tuz settlement, while the remaining one finds its abode in the Orlovka settlement.

    With unwavering dedication, the Prime Minister diligently inspected these facilities and subsequently issued a series of pertinent instructions. Regrettably, the precise details regarding these instructions, as well as the purpose of Zhaparov’s visit to the site, were not disclosed by the esteemed Cabinet of Ministers’ press service.