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Article: KYRGYZSTAN: Construction start-up on planned $60,000,000 gold mine is tentatively scheduled to begin in April 2004, OXUS GOLD PLC [UK] - Order #: 128803.
- Article from:
- WWP-Report on Engineering Construct & Plant Operations in the Developing World
- Article date:
- December 1, 2003
CopyrightCOPYRIGHT 2003 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROJECT OVERVIEW:
UK-based OXUS GOLD PLC recently began preliminary construction works at its Jerooy gold mine in Kyrgyzstan. The Jerooy project, situated some 300 kms by road from the Kyrgyz capital city The Jerooy project, situated some 300 kilometres by road from the Kyrgyz capital city Bishkek, has a total resource of 3.45 Moz, with a minelife of 11 years.
Operating plans envision producing ore at a rate of 1 million tons per year beginning in 2005. As a result, the yield has been forecasted to reach some 180,000 oz of gold per annum at an estimated cash operating cost of $133. According to Bill Trew, OXUS Chief Executive Officer, his company ...