Company
Chaarat Gold Holdings Ltd
LON:CGH
Chaarat Gold Holdings Ltd is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic. The company has a clear strategy to build a leading emerging markets gold company with an initial focus on Central Asia and the Former Soviet Union, through organic growth and selective M&A.
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Chaarat Gold upgrades Kapan resource by 25%
M&I tonnes increased by 30% to 2.602 Mt from 1.955 Mt
Chaarat Gold says Kapan production on track, but earnings hit by weakness of Armenian dram
Mineral resource and ore reserves estimates for Kapan are planned for release before the end of the year, which are expected to "meaningfully increase" estimates and extend the mine life
Chaarat Gold says BIOX metallurgical testing on its Kyzyltash gold ore achieves highest recoveries
The BIOX results exceeded the previously announced first-stage recoveries from the pressure oxidation (POX) and Albion processing methods
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Chaarat Gold's Kyzyltash project has significant latent potential, says broker
It could be a 250-300,000 ounces per year operation with a 15-year plus mine life, said finnCap said in a note to clients