Production of precious metals reportedly carried out ahead of forecasts

Asia-Plus

Compared to the nine months of 2018, Tajikistan has increased production of gold 30.2 percent and production of silver by 36.9 percent, according to the Ministry of Industry and New Technologies (MoINT).

An official source at a MoINT says  gold mining companies Zarafshon and Pakrut as well as Tajik-US JV Anzob and limited liability companies Shimsho and Guli Murod played significant role in increasing production of precious metals in the country.  

“Compared to the last year, Tajikistan this year plans to increase production of gold by 10 percent and production of silver by 4.3 percent,” the source added.  

Recall, Tajikistan last year produced more than 6.4 tons of gold, which was nearly 17 percent more than in 2017.  

Over the past five years, production of gold has increased in Tajikistan more than three times – from 2 tons to 6.4 tons.  

Tajikistan has 137 deposits with estimated reserves of industrial gold and 127 deposits of non-industrial gold.

Tajikistan plans to increase annual production of gold to 17 tons beginning on 2022.

Four large gold mining companies now operate in Tajikistan: Tilloi Tojik; Tajik-Chinese JV Zarafshon; Tajik-Canadian JV Aprelevka; and China Nonferrous Gold Limited, which is the first foreign company to obtain 100% ownership of a mining and exploration project in Tajikistan.  Besides, enterprises such as Odina, Nazira, Ganj, Barakat and Istiqlol are engaged in gold production in the country.

Most of gold comes from the Jilau deposit operated by Tajik-Chinese joint venture, Zarafshon, which reportedly accounts for more than 70 percent of the total amount of gold produced in Tajikistan.

 

Article translations:

Related Articles

spot_imgspot_img

Most Read

Join us on social media!

Реклама на asia +spot_imgspot_img

Recent Articles

Navruz, Wrestling, and Cars: How the Pahlavon from Rogun Conquered the Gushtingiri Tournament in Dushanbe

Subkhiddin Khalilzoda won the final of the gushingiri in Dushanbe and became the hero of the spring holiday.

Navrouz greetings

Dear readers and subscribers! Asia-Plus News Agency congratulates you...

Eid al-Fitr greetings

Dear readers and subscribers, Eid Mubarak! May this blessed...

Russian ruble weakens against the Tajik national currency and major global currencies

In recent weeks, the Russian ruble has experienced a...

Over 2,500 participants expected at Water Conference in Dushanbe

The Fourth High-Level International Conference on the International Decade...

BARQ becomes new IT Park Dushanbe resident, launches power bank rental service

A common problem for many city dwellers: a dead...

Some bazaars and shopping centers in Dushanbe to close for up to four days during Navrouz celebrations

During the Navrouz holiday celebrations, some bazaars and shopping...

Eurasian Development Bank Predicts 8.1% Economic Growth for Tajikistan in 2026

Analysts from the Eurasian Development Bank (EDB) forecast a...

Iran’s intelligence minister killed in air strike

Iranian President Masoud Pezeshkian confirmed the death of intelligence...

Russian parliament tightens immigration rules for migrant children and patent holders

On March 18, the State Duma (Russia’s lower chamber...