Langstrumpf2
6/27/2012 11:06:19 AM
www.catalogmineralov.ru/news6689.html
Here a try to translate it into English:
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Kutessaj Mining
The members of the Committee on the development of industries of Jogorku Kenesh of the Kyrgyz Republic took a decision to recommend the cancellation of prolongation of the license agreement of the company "Kutessaj mining, extraction of rare earth metals, and put a deposit on the auction block.
As said by the Deputy of AR-namys Nurzhan Badykeeva, State Agency for Geology and mineral resources prolongirovalo the second license agreement June 15, 2012, and rare-earth metals mining company "Kutessaj Mining" has not met the conditions of the first and second license agreements. As Deputy, the first licensed company received December 21, 2009, which has been given to the drafting of the development of Kutessaj-2 till December 31, 2010 this agreement has not been implemented, thus, violated para. 3, art. 18 of the law on "bowels".
September 20, 2010 issued a new license agreement for deposit too, but with different coordinates, that is actually in the new area, which is 75% is not the same as the previous square. Under the new agreement, the company should have submitted a project to develop up to December 31, 2011, but has repeatedly violated the law on mineral resources, "said n. Badykeeva. The license was issued without an auction, without the knowledge of the deputies.
As noted by MP, ranked sixth in the world by reserves of rare-earth metals. And since China suspended the sale of its stocks, this field is of great interest for investors.
Ore reserves of rare earth materials in Kutessaj-2 even by Soviet geologists were valued at 53 thousand tons. Currently, the company drilled six additional wells from the lower horizon deposits at 120 m and found additional deposits of ore.
In 2013, the scheduled opening of the Kaškinskogo of rare earth elements. Now in the shops, bought out once the Kyrgyz chemicometallurgical factory, a major overhaul of equipment and structures.
It is planned that in 2013, the gross output of the $ 30 million USD, in 2014, 40 million USD. The company, which includes and AK-Tûzskuû ore-processing factory will create 1.5 thousand. jobs in the region.
LLC "Kutessaj Mining" is a subsidiary of Unos Stans Energy Kg, founded by the Canadian company Stans Energy Corp. Company Stans Energy Kg has the license for the right of subsoil for geological exploration and development of mineral deposits: Kutessaj-2 (rare earth metals, bismuth, molybdenum and silver) and deposits of Kalesaj (beryllium, lead).
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