ASTANA, Kazakhstan, November 14. Golden Compass Capital JSC plans to expand gold mining in the Jambyl region of Kazakhstan, Trend reports.
The plan to expand production was presented by the chairman of the company's board, Azamat Nabenov, to the head of the regional executive power, Yerbol Karashukeyev.
Thus, the company plans to mine up to 800 kilograms of gold, complete exploration at the Aulie ore occurrence within three years, and build a plant for processing gold ore.
Golden Compass Capital is engaged in gold mining and processing at the Kokkiya deposit in the T. Ryskulov district. Every year, 300–400 kilograms of gold are mined here, while exploration continues in neighboring areas.
Gold mining in Kazakhstan is one of the flagships of the country's mining sector.
At the end of 2022, 39.4 million tons of gold ores were mined in the republic, which is 19.5 percent, or 6.4 million tons more than in 2021.
As for the production of raw and semi-processed gold, last year this figure reached 129.6 tons, which is 13 percent more than in 2021. And the production of refined gold in Kazakhstan in 2022 amounted to 73.2 tons, which is 9.9 percent more than in 2021.
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