Skip to main content

In a closed briefing attended by journalists, a high-ranking official from the Kyrgyz presidential administration revealed that the first delivery of gold to the international market by Kyrgyzaltyn is slated for April. The official emphasized transparency, stating that the precious metal would be sold at the price prevailing on the London Stock Exchange at the time of delivery. Despite receiving several purchase offers, many of which requested discounts, the authorities are committed to transparency in the process. Additionally, the official expressed a desire to retain as much gold as possible within the country to encourage domestic investment. To facilitate this, Kyrgyzaltyn is finalizing the construction of a plant for the production of weighted ingots, which will be available for purchase by the public. However, approximately 10-12 tons of gold will be allocated for sale to the foreign market. Furthermore, the authorities are actively working towards the development of a thriving jewelry industry within the country.

Leave a Reply

The MINEX Forum 

Was founded in 2005 to stimulate international cooperation in the field of sustainable development of mining and metallurgical production in Eurasian countries. Over the years, the MINEX Forum has become one of the most authoritative international events in Europe and Central Asia. The forum’s ecosystem brings together thousands of specialists from hundreds of companies and organisations around the world. 

www.minexforum.com  

Advantix Ltd 

MINEX Forum is organised under International Trademark owned by Advantix Ltd. Founded in the UK in 2002 Advantix specialises in the organisation of international events in the field of international finance, mining & metallurgy, critical raw materials, industrial digitalisation, the transition to low-carbon production, etc. 

www.advantix.com  

MINEX Eurasia 202320222021 |  2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012