IFLR1000

Jerooy gold deposit expansion

27/5/2019
Project development, Project finance
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$ 180 million

Announced

27/5/2019

Overview:

  • Jerooy gold deposit expansion
  • Vostok-Geoldobycha won the tender to develop Jerooy, Kyrgyzstan’s second-largest gold deposit in 2015.
  • Jerooy lies more than 3,000 meters above sea level and is 60 km from Talas. It is estimated to hold 97 tons of gold. Expansion works began in 2017.

Prin Shasiharan - Researcher

Jurisdictions:

Kazakhstan
Russia
Ukraine
Kyrgyzstan

Deal types:

Project development
Project finance

Practice areas:

Banking
Project development

Industry sector:

Mining

Firms:
Baker McKenzie

Party: Alliance Altyn (Borrower)

Lawyer: Mike Webster

Herbert Smith Freehills

Party: VTB Bank (Lender)

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