Investing in gold equities in London isn’t what it used to be, but there are still plenty of attractive opportunities to be had lower down the market
London lacks a gold mining champion of any real substance
Company
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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London lacks a gold mining champion of any real substance
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The Tulkubash mine life is currently set at 5.3 years, but the company is confident exploration can boost this
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Chaarat’s new feasibility study for Tulkubash envisions production running at 94,000 ounces of gold per year, at an all-in sustaining cost of US$819 per ounce