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Gold mining in Karagandy region
Industry:
Mining
Stage:
Greenfield
Location:
Karagandy region
31
US$ million
Investments needed
IRR
63%
137
US$ million
NPV
Years
Payback period
3.3
Key Highlights
1
The company owns a subsoil use contract for gold production for two fields located in the Karaganda region within a single contract area until 2033
2
The Company is currently assessing reserves in accordance with the JORC methodology, the expected reserves comprise 15 kt of gold
3
Historically, the company had experienced and expertised technical team managing the project’s G&G works. Currently, the shell company is intended to be sold with subsoil use rights and G&G works performed to-date only
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