New gold mine at Kayragach Uzbekistan introduced into the production cycle AMMP
Date: 12:47, 30-01-2015.
Almaty. January 30. Silkroadnews - "Almalyk Mining and Metallurgical Plant" (AMMP) completed the construction of a mine at the gold mine Kayragach in Tashkent region, told KazTAG representative of the company.
The project cost of $30.6 million includes the construction of the underground reservoir producing up to 80 thousand tons of ore annually. The project was financed by loans from Uzbek banks in the amount of $13.2 million and loan from the Fund for Reconstruction and Development of Uzbekistan - $6.7 million, and equity AMMP - $10.7 million.
