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Chaarat Gold reports 'minimal disruption' from outbreak as product demand remains strong

Chaarat Gold Holdings PLC's  (LON:CGH) Artem Volynets tells Proactive London's Andrew Scott demand for its output has remained “relatively healthy” and production uninterrupted during the recent virus outbreak.

In Kyrgyz Republic, construction of the Tulkubash mine has slowed, with the authorities declaring a state of emergency. 

Volynets says that's likely to result in a six-month delay to first gold pour, which is now expected in the third quarter of 2022.

Quick facts: Chaarat Gold Holdings Ltd

Price: 33.5 GBX

AIM:CGH
Market: AIM
Market Cap: £175.73 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...

1 week, 3 days ago

2 min read