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Chaarat Gold kicks off 2019 as a producer following completion of Kapan deal

Artem Volynets, chief executive of Chaarat Gold Holdings Ltd (LON:CGH), spoke to Proactive London's Andrew Scott soon after after completing the US$55mln acquisition of Kapan Mining and Processing Company from precious metals giant Polymetal International PLC (LON:POLY).

The deal takes Chaarat’s anticipated gold equivalent production to 65,000 ounces per year.

Production at Kapan began in 2003 and the current reserve life extends to 2023, although conversion of current inferred resources to reserves and new exploration success is likely to extend the mine life.

Quick facts: Chaarat Gold Holdings Ltd

Price: 32.6 GBX

AIM:CGH
Market: AIM
Market Cap: £152.83 m
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Chaarat Gold strengthens institutional investor base with US$5.8mln raise

Chaarat Gold Holdings Limited’s (LON:CGH) chief executive Artem Volynets caught up with Proactive London's Andrew Scott to discuss this morning's equity raise which was completed at a premium to the current share price. The miner raised US$5.8mln to primarily strengthen its institutional...

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