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Chaarat Gold's Artem Volynets discusses 'impressive progress' across its key projects

Chaarat Gold Holdings Ltd's (LON:CGH) CEO Artem Volynets recaps on a year of solid progress across the miner's three projects - the producing Kapan mine, Tulkubash which is currently under construction and the earlier stage Kyzyltash project.

He says since they acquired Kapan, management has improved recoveries, plant utilisation and increased mining rates.

On Tulkubash, Volynets says project funding discussions have now moved to the due diligence and documentation phase.

Quick facts: Chaarat Gold Holdings Ltd

Price: 35.34 GBX

AIM:CGH
Market: AIM
Market Cap: £177.83 m
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Chaarat Gold reports 'steady and stable' production at Kapan mine in Armenia

Chaarat Gold Holdings Ltd's (LON:CCG) Artem Volynets updates Proactive London's Andrew Scott on first quarter production and developments at the company. Production at the Kapan mine in Armenia came in at 12,992 gold equivalent ounces in the first quarter. That marks a 12% improvement...

on 21/5/20

2 min read