With Canadian exploiters at each other’s throats over stakes in Kumtor, which is still Kyrgyzstan’s most important mining operation, and Kyrgyzstan’s own interest in it at risk because of dubious Canadian court rulings reminding one of the sweet old habits of the Sheriff of Nottingham, risk spreading and interest diversification remain on top of Kyrgyzstan’s present-day agenda. However, a clear-cut strategy including a no less clear-cut time table towards investors, operators and contractors has not been drafted yet, and contradicting rules and conditions tend to confuse candidate operators for new projects. Selection procedures remain flawed, and auctions for concessions postponed or, if held, without result.

Image-courtesy-of-KOC

“The competition for Dzheruy (normally spelt Jerooy) gold deposit is scheduled for August-September, local news media recently quoted First Vice Prime Minister Taiyrbek Sarpashev as telling journalists – adding that “currently documents are being prepared”. “Last week, the relevant authorities have declared that everything will be ready by September. Then we define the exact date,” he said. He explained that at a meeting of the Kyrgyz-Chinese intergovernmental commission, this issue was not discussed. “There will be competition, which is open to all countries. No state has the exclusive right, the contest is open to everyone,” Taiyrbek Sarpashev said.

 

Information on what and when remains contradictory, though. “The Taldybulak licence is the main focus of exploration activity within the Taldybulak-Talas licence which covers an area of 43km2,” the state geology committee informed recently. “The Kentash licence is situated immediately east of Taldybulak and covers an area of 42km2. The Korgontash licence which covers an area of 66km2 is located approximately 25km east of Taldybulak. The Barkol licence is the westernmost licence, located immediately west of Taldybulak and covers an area of 223km2.. The Tien Shan region, in which the Taldybulak-Talas exploration area is located, includes deposits such as Andash (1Moz), Aktash, Jerooy (2.5Moz), Taldybulak Levoberezhny (3Moz), and Centerra’s world-class Kumtor deposit (17Moz).”

 

However, little of this can be recognised n a recent report [http://akipress.com/news:544904/], the Bishkek-based regional news agency AkiPress sums up a list of two gold deposits, three coal mines and one marble grove which are supposed to be put on auction on September 25. They are the following:

1. Development of Jerooy gold mine

The gold mine lies in Talas region. It was discovered in 1969. Geological exploration was carried out during 1974-1984. The gold reserves were estimated in 1980 and 1984 in C1+C2 categories – 95.793 and 18.4 tons respectively. The mine is prepared for development.

2. Geological exploration of Togolok gold mine

The mine is in Jety Oguz district, Issyk-Kul region. The area is poorly developed. The closest settlement and power transmission line is 35 km away, the road is 10 km away, railway is 350 km away.

3. Development of Kara-Keche coal field

The Western Eastern bloc of the Kara-Keche coal field lies in Jumgal district, Naryn region. A 110 kV high voltage line is 40 km to the north-west of the mine. The closest railway is 230 km away of the mine. The mine is linked with the Balykchy railway station by an asphalt and gravel road.

4. Development of Tegene coal field

The mine lies on the northern bank of the Kara-Suu river, Aksy district, Jalal-Abad region.

5. Geological exploration of Bel Alma coal field

The mine is located in the Kadamjai district, Batken region. The closest settlement is 35 km to the north-east of the mine. The area is poorly development. It has no road connection.

6. Development of Arym II marble mine

The mine is located in the Toktogul district, Jalal-Abad region. The mine is 28 km away from the district center, 0.7 km away of the Bishkek-Osh road.

 

SELECTED PROVEN RESERVES IN KYRGYZSTAN’S CORE METAL DEPOSITS

 metal after forging (coal in crud)                                                          amount in tonne

gold                                                                                                                              430

tin                                                                                                                                208,000

tungsten                                                                                                                     144,000

rare earth metals                                                                                                     51

aluminum                                                                                                                 349

million coal                                                                                                              <1 billion

source: State Agency for Geology and Mineral Resources