Tajikistan’s natural gold reserves sufficient for only 30 years?

Asia-Plus

According to the State Committee on Investment and State-owned Property Management (GosKomInvest), Tajikistan annually produces more than 10 tons of gold and the country’s natural gold reserves amount to 250-300 tons.   

According to information posted n GosKomInvest’s website, Tajikistan annually produces more than 10 tons of gold.    

“However, a perspective of increasing annual gold production to 20 tons is being seen today,” GosKomInvest says.  

GosKomInvest notes that the country’s natural gold reserves are estimated at 250-300 tons.

In this regard, it could be concluded that Tajikistan’s natural gold reserves will be exhausted in 25 or 30 years.  

Meanwhile, according to the Ministry of Industry and New Technologies (MoINT), Tajikistan produced 6.4 tons of gold in 2018. 

In 2017, Tajikistan produced 5.5 tons of gold in 2017.  Tajikistan produced 5,000 kilograms of gold in 2016.  In 2015, Tajikistan produced about 4,200 kilograms of gold, which was nearly 32 percent more than in 2014.  In 2014, Tajikistan produced about 3,200 kilograms of gold.

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

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

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.

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