re: Ann: Gold Projects in Kyrgyzstan - Heads ... THE MAKMAL MINE - HISTORY
The second gold mine in Kyrgyzstan, the Makmal Mine, was operated by OAO KyrgyzAltyn and was wholly owned by the Kyrgyz Government. The Makmal Mine was located 630 km from Bishkek in the Djalalabad region. The mine had been operated using open pit methods from 1986 to 2003. After 2003, the production volumes at Makmal were very low. As of 2010, the gold reserves of the mine were approaching depletion, and KyrgyzAltyn was developing plans to mine the deposit using underground methods to extend the life of the mine to 2016. Currently, the average production from the mine was about 1.1 million metric tons per year of ore (KyrgyzAltyn, 2011).
source US Govt Geological Review !!!!!
Not really exciting
another GANKE worthless deal here
Hot Trading
Hot Capital
SXX Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held