Monday, 18, October, 2021

The Cabinet of Ministers approved by its September 10 resolution the feasibility study for the project "Construction of a gold ore extraction and processing complex at Pistali deposit (Hydrometallurgical Plant #6), said.

The project cost of is at over US$ 274.6 million and is scheduled to be completed in December 2024. This will create additional capacity for the extraction of 4 million tons of gold ore per year.

US$ 245.1 million in foreign loans are being drawn For the implementation of the project for a period of 5 years, with a three-year grace period.

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