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China's Superb Pacific Limited to enter Taldy-Bulak Levoberezhnyi gold mining project.

The general meeting of founders of Altynken Ltd was held on September 30, where the agreements were signed on entry of China's Superb Pacific Limited into Taldy-Bulak deposit project, the state-owned gold mining company Kyrgyzaltyn said. The extraordinary meeting of shareholders of Kyrgyzaltyn was held on September 19, 2011 as ordered by the Kyrgyz government, where the procedures and drafts of agreements on handover of 60% stake in Altynken Ltd with Kazakhstan's Summer Gold and Kazakhstan's Superb Pacific Limited (subsidiary of China's Zi Jin) were approved. The State Agency for Geology and Mineral Resources issued the license for Taldy-Bulak deposit exploration and development in 2006 to Altynken Ltd.In 2008, Altynken Ltd prepared the feasibility study on underground development of Taldy-Bulak deposit, reported Tazabek.

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Publication:AKIpress News Agency
Geographic Code:9CHIN
Date:Nov 16, 2011
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