Introduction:

Open Joint Stock Company "Kyrgyzaltyn" is the largest domestic enterprise of the Kyrgyz Republic, specializing in the development of gold deposits, founded on October 15, 1992, as the State Concern "Kyrgyzaltyn", with the aim of uniting the enterprises of the mining industry of the Kyrgyz Republic to maintain production of existing enterprises and implement new projects on gold mining.

In accordance with the Decree of the President of the Kyrgyz Republic dated July 23, 1999 No. UP-175 "On the reorganization of the Kyrgyz state concern" Kyrgyzaltyn "in order to ensure transparency of activities and improve the management structure, the state concern" Kyrgyzaltyn "was reorganized by transforming into a joint stock company" Kyrgyzaltyn " ...

The company currently, together with partners in joint projects, produces more than 97% of the gold in Kyrgyzstan. The share of gold mining accounts for about 10% of the republic's GDP, 40% of industrial production and 60% of exports. The Kyrgyz Republic ranks third among the CIS countries in gold production.

The mission of Kyrgyzaltyn OJSC is to concentrate efforts in the production of precious metals with minimal costs.

The strategic goal is to maximize the extraction of the Company's profit, ensuring:

increase in the volume of gold mining and production profitability;
expansion and replenishment of the mineral resource base of enterprises and the provision of industrial reserves;
a high level of efficiency in the functioning of gold mining production;
sustainable development of enterprises of Kyrgyzaltyn OJSC through investment in modernization and technical re-equipment;
introduction of technology for the extraction of metal from production waste.
The state shareholding is 100%, the shareholder is the State Property Management Fund under the Government of the Kyrgyz Republic.


Reference:http://kyrgyzaltyn.kg/

Keyword:

mining , metal

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