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Parliament Committee holds a retreat meeting at the Taldy-Bulak Levoberezhny gold field

October 3, 2019

The Committee on the Fuel and Energy Complex and Subsoil Use of the Jogorku Kenesh (Parliament) of the Kyrgyz Republic considered the activity of the Altynken LLC gold mining enterprise at a retreat meeting on October 2.

The First Deputy Prime Minister of the Kyrgyz Republic, Kubatbek Boronov, took part in the meeting at the Taldy-Bulak Levoberezhny deposit in the Kemin district of the Chui oblast.

During excursion, the Deputy Prime Minister and MPs got acquainted with the production process and working and living conditions of the enterprise employees.

Kubatbek Boronov stressed the importance of fulfilling all environmental and technical standards when implementing production plans of the company at Taldy-Bulak Levoberezhny deposit.

“In the framework of the Year of the Regions Development and Digitalization of the country, we aim to direct the activities of such companies to promote the socio-economic development of the region where the subsoil use facility is located. In a short time we have achieved effective results. For example, two years ago employees of the gold mining enterprise received wages in the amount of 8-10 thousand soms, and the average monthly income now is over 40 thousand soms, including taxes and social contributions,” he said.

Within the framework of the Strategic Agreement between the Government of the Kyrgyz Republic and Centerra Gold Inc., the Nature Development Fund and the Social Partnership for Regional Development Fund were established. Following the example set, Altynken LLC supports the creation of such funds, Boronov said.

The company actively fulfills its social obligations. Since the establishment of the Kemin Kelechegi Public Fund, Altynken LLC has donated about $2 million to improve the basic infrastructure of the district, medicine, and construction work.

“The government always keeps under special control the issue of the activities of subsoil use facilities. At the same time, we must support investors who wish to invest in various sectors of the economy. The state and the investor should be partners, not enemies or rivals,” Boronov said.

Work is currently underway to solve the problems of importing gold concentrate, the issue of resuming the laboratory’s work to determine the composition of the concentrate is being worked out, he added.