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Mother and Baby on Floor

Gold mining project (exploration and production)

Industry:

Mining

Stage:

Brownfield

Location:

Karagandy, Almaty and Zhambyl regions

TBD

US$ million
Investments needed

kg of gold
Test production capacity 2018

240

7

gold-bearing ore areas

tons (P1+P2)
gold reserves

533

Key Highlights

1

Despite the overall adverse effect of COVID-19 pandemic over the global mining operations, gold prices have risen for 33% in 2020 as compared to 2019 and are projected to sustain on $1700-1800 per Oz in the coming 2-3 years

2

In the mid-term, gold prices are forecasted to keep high, fueled by investor’s desire to seek safe-haven assets at times of economic recovery. Long-term gold price forecasts also remain largely optimistic with the gold production levels to recoup in the 2021-2022

3

The Company is looking for a financial or strategic partner for development. Deal perimeter and sales price are subject for negotiation

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