How much gold ore exploration in Kazakhstan's Jambyl region cost?

Business Materials 27 May 2019 13:13 (UTC +04:00)

Baku, Azerbaijan, May 27

By Nargiz Sadikhova - Trend:

Gold ore exploration in Kazakhstan’s Dukarev area in Jambyl region is estimated to cost 355 million tenge, Trend reports via LS news agency.

“In 2018 mining exploration work cost 27.77 million tenge. The project is to be financed by Minerals Gold,” the report said.

“This year some 199.34 million tenge are to be allocated on mining exploration. Total sum of the project investments is 355.05 million tenge,” the statement said.

The project realization time frame is three years up to 2020. The information on gold ore and secondary constituents resources volume in the area is to be based on the results of the exploration works.

(1USD = 379.49 KTZ on May 27)


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