Visiting head of British Saddleback Corporation study investment climate in Tajikistan

DUSHANBE, June 19, Asia-Plus  — Mr. Michael Jackson, British retired General and currently director of British mining company Saddleback Gold Corporation, today met in Dushanbe with Tajik Finance Minster Safarali Najmuddinov. According to the Ministry of Finance (MoF), in the course of the talks the two discussed issues related to a present state of investment […]

Zarrina Ergasheva

DUSHANBE, June 19, Asia-Plus  — Mr. Michael Jackson, British retired General and currently director of British mining company Saddleback Gold Corporation, today met in Dushanbe with Tajik Finance Minster Safarali Najmuddinov.

According to the Ministry of Finance (MoF), in the course of the talks the two discussed issues related to a present state of investment climate in Tajikistan. 

The source at a MoF said that the British delegation intends to study a number of investment projects worked out by Tajik specialists.  According to him, the Tajik side will submit those projects at the next meeting of Tajik and British delegations.  

In the meantime, according to the local office of Saddleback Gold Corporation in Dushanbe, the visit of Mr. Jackson to Tajikistan has a private character and during his stay in Dushanbe, the Saddleback Gold Corporation top manager is also scheduled to meet with Economic Development and Trade Minister Ghulomjon Boboyev and OryonBonk (Tajikistan’s largest commercial bank) Chairman Hasan Sadulloyev. 

The source at the company’s local office in Dushanbe said that Saddleback Gold Corporation has worked in Tajikistan since 2004.  It has funded geological exploration conducted in northern Tajikistan. 

“Today we are working jointly with Tajik limited liability company Kulla in the Kouhistoni Mastchoh district in northern Tajikistan, where we are exploring gold and silver reserves of the Tabospin deposit,” said the source, “This deposit had been explored in the Soviet time already.  The work on mining and processing ores at the Tabospin deposit will start soon.” 

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