MiningSee 3 March, 2018

Tajikistan buys 5% share in gold mining facility for $1

The government of Tajikistan has bought 5 percent of shares in the Zarafshon gold mining facility, a Tajik-Chinese joint venture, for $1, a source in the Tajik government said, TajikTA news agency reported Feb. 19.

The agreement with the Chinese side was signed by Farrukh Hamralizoda, head of the Tajik State Property Committee, on the instruction of Tajik President Emomali Rahmon.

After signing the agreement, Tajikistan’s share in the authorized capital of the country’s biggest gold mining joint venture amounted to $7.3 million or 30 percent of the authorized capital.