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Mining industries produce goods at 90.9 mln soms in 2014 20/02/15 07:48, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA Mining industries produced goods at 90.9 million soms in 2014. Such data was voiced today at the board meeting of the State Agency on geology and mineral resources of the Kyrgyz Republic. It is noted that last year 18.1 tons of gold were produced. In this case, gold mining companies released a production at 78 billion soms, ferrous metallurgy - 757.7 million, building materials - 8 billion 114.1 million soms. "In 2014, about 21 mine mineral reserves were put on the state balance for the first time. At the same time Kyrgyzstan has 1,347 licenses. Of these, 174 licenses issued for gold, metals - 74, non-metallic minerals - 576, coal - 240, oil and gas - 57, on groundwater - 226. In this case, the development of fields granted 794 licenses, for exploration - 357, on search - 196. In 2014, 1,035 applications for subsoil use licenses received. Of these, 405 licenses issued, denied 675 applicants, 150 applications delayed," the State geology noted. URL: http://www.eng.24.kg/parliament/174613-news24.html

Kyrgyzstan develops 8 gold deposits with balance reserves of 139 tons 20/02/15 14:27, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA Kyrgyzstan develops 8 gold deposits with balance reserves of 139 tons, the Minister of Economy of the KR Temir Sariev said today at a government meeting. According to him, 200 deposits are developing in Kyrgyzstan. The largest - Kumtor, Solton-Sary, Ishtamberdy, Taldy-Bulak Levoberezhnyi. In this case, the maximum amount of gold mining in the Kyrgyz Republic, recorded in 2008, - 26 tons. "Antimony and mercury plants don't work at full capacity. The coal mining reduced from 3.1 million tons in 1990 to the lowest point in 2007 - 400,000 tons. The country's need for coal is 2 million tons per year. In 2014, from the mining industry were received $7 billion 11 million soms of taxes ($147 million), an increase - 17 percent. When starting all projects revenues would have grown to $300 million. However, this can be done only when investing. In 2014, for example, investment in the mining sector fell by 90 percent," Temir Sariev said. URL: http://www.eng.24.kg/economics/174626-news24.html

Eurasian Development Bank plans to invest in energy, mining and transport industries 24/02/15 11:06, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA Eurasian Development Bank plans to invest in energy, mining and transport industries, the EDB Chairman of the Board Dmitry Pankin said to journalists today. According to him, now the balance portfolio of the bank is $2.3 billion, the investment - about $3 billion. Most of the portfolio is represented by projects in Central Asia. Of these, about $1.4 billion - projects in Kazakhstan. "If we talk about the current situation, for us it is more difficult to work with the ruble loans. Therefore, we consider financing in tenge and US dollars," Dmitry Pankin said. URL: http://www.eng.24.kg/economics/174654-news24.html

Another auction for Dzherui deposit development to be held in Kyrgyzstan 17/02/15 09:32, Bishkek – 24.kg news agency, by Kanykei MANASOVA Another auction for development of Dzherui gold field will be held in Kyrgyzstan. Yesterday the Prime Minister signed a decree approving the conditions and procedure of operations, the government's press service reports. According to the data, the interdepartmental tender commission, formed by government order dated October 9, 2014, was instructed to hold auction for the right to use natural resources for Dzherui field development and research of the area. The tender for development of the field will take place in accordance with legislation of the Kyrgyz Republic and in public interest. It is held for attraction of investment to the integrated and sustainable development of the field. URL: http://www.eng.24.kg/community/174550-news24.html

nice one mate, sounds more positive, perhaps conditions will improve sooner rather than later ATB F

State Geology puts up two gold deposits in Naryn to auction 14/02/15 07:45, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA State Geology for Geology and Mineral Resources put up two gold deposits in Naryn to auction, its press service reports. According to it, license for exploration work on Sultansarinskoe ore field is put up for auction. The starting price - $47,730. There also will be bidding on the geological and prospecting for Karagyr gold area. For this license one will have to pay a minimum of $100,000. The auction will take place in Naryn on March 30, 2015. URL: http://www.eng.24.kg/economics/174508-news24.html

Kyrgyzstan approves small energy sector development concept «The Times of Central Asia» Kyrgyzstan's Deputy Prime Minister Valery Dill yesterday held a government meeting on the development of small hydro energy sector in Kyrgyzstan for the period 2015-2017, the Kyrgyz governmental press service said. The meeting presented a Concept of the development of small hydro energy sector in the Kyrgyz Republic for 2015-2017, and discussed the investment climate in the country's small hydro power sector. "Today a priority task of the Government and all government bodies directly connected with the energy sector is to create conditions for construction of new power generating facilities," Dill said. "Before 1974 all electricity in Kyrgyzstan was generated by small and medium sized power plants," he continued. "But small hydro power industry practically ceased to exist after the commissioning of the Toktogul hydro power plant [the largest power plant in Kyrgyzstan]. There was no necessity to run small hydro power plants. Today only two small hydro plants - Chakan and At-Bashi - continue operating in the country, while the remaining such plants are non-operational. We must build new generating facilities as soon as possible. Small energy sector could make a breakthrough in this sphere, since it requires small investment." At the same time, the deputy premier said that small hydro power projects are not attractive to investors since they pay back in around 20 years, which is too long. One of the reasons for it is the current low electricity tariffs in Kyrgyzstan, he added. According to Dill, Kyrgyzstan's first concept for small energy sector development was approved in 2000, and was supported by European Union donors. The program planned to reconstruct and build 42 small hydro power plants, but it was never fulfilled. http://www.timesca.com/news/14993-kyrgyzstan-approves-small-energy-sector-development-concept

Valery Dil: We are moving to signing agreement between Kyrgyzstan and Centerra 17/02/15 13:04, Bishkek – 24.kg news agency, by Anara MAMYTOVA "We are moving to signing the agreement between Kyrgyzstan and Centerra," the Vice Prime Minister of Kyrgyzstan Valery Dil states today at the meeting of the Parliamentary Committee on Fuel and Energy Complex. "We conduct planned work, and it is associated with legal framework of the Kyrgyz Republic and Canada. All employees of environmental inspection and other specialists are involved for this. We are moving to ensure signing the agreement between the two countries," Valery Dil notes. URL: http://www.eng.24.kg/parliament/174560-news24.html

Meeting of Centerra Gold Inc. Board of Directors is held in Canada 17/02/15 14:03, Bishkek – 24.kg news agency, by Anara MAMYTOVA Meeting of Centerra Gold Inc. Board of Directors is held in Toronto (Canada), the Vice Prime Minister of Kyrgyzstan Valery Dil states today at the meeting of the Parliamentary Committee on Fuel and Energy Complex. According to him, after the meeting of the Board of Directors the delegation will receive instructions for the completion of voting under the provisions of an agreement to establish a joint venture and arrive in Bishkek. Vice Prime Minister added that matching documents to restructure the project is actively being held, representatives of the company came to the KR three times. In its turn, the delegation of Kyrgyzaltyn flew to Moscow

ISDX 13/2/15 13/02/2015 16:08 263,629 @ 0.057 13/02/2015 08:51 8,333,333 @ 0.05 have a good weekend all ATB F

ISDX PGR.GB GBX 0.04 0.18 0.11 0.07 1,662,470 06/02/2015 0.04 0.16 been some weird figures shown this week <><><>have a good weekend all ATB F

HAHA activity

peel increased by 13.866M, which is a positive sign but why ? time will tell, better day tho have a good weekend all ATB F

Alex yes I noticed that cheers

ok Alex thanks whats going on here 5/10<><>5/7<><>5/6

back to 05/06 and no funds

Alex yes mate got some yesterday<><><> and limited just read that mate, bit complex for me but good reading Q & Answers thanks ATB F

hi Alex yes im fine thanks, nice to see a few buys going thru, price of gold helps @ $1302.3 and touched $1306.62 Daily Market Report: Gold Jumps as ECB Unleashes QE 22-Jan (USAGOLD) — Gold pushed back above the $1300 as the ECB finally unleashed the QE beast, pledging to print more than one trillion euros over the next 18-months at a minimum. The yellow metal soared to a new 21-month high against the euro at €1145.62 The ECB held steady on rates, and at the press conference, Mario Draghi confirmed that the ECB would expand their asset purchase program to include sovereign debt. The expansion will bring monthly asset purchases to €60 bln a month and will last at least until September 2016. Let’s see, €60 bln x 18-months = €1,080,000,000,000 new euros at minimum. Draghi believes the new measures will be sufficient to “decisively underpin the firm anchoring of medium to long term inflation expectations.” Yeah, check with your counterparts at BoJ, BoE and Fed to see if it really works that way. I’m sure this time it will be different… European yields tumbled to new record lows, and of course stocks are always appreciative of a new influx of guaranteed liquidity. However, now that ECB QE has become reality, it pushes policy normalization ever-further into the future. And in fact, it’s looking increasingly like the old-normal may never be seen again. Borrowing prosperity from the future — under the guise of “smoothing” out normal economic cycles — has become the new-normal. But in adding to already oppressive debt burdens, there’s no way rates can be allowed to revert to the mean, unless policymakers are inclined to devote the entirety of GDP to servicing that debt. They aren’t, so rates will likely have to be confined in close proximity to the zero-bound in perpetuity. The EUR-USD fell to an 11-year low below 1.14, driving the dollar index above 94.00 for the fist time since November 2003. I concur with MarketWatch’s Steve Goldstein who wrote today: With this backdrop, it seems almost ludicrous that the Fed will just stick to the plan it had in the fall, to start a rate-hike campaign in the middle of 2015. When the markets come to realize that the Fed is indeed unlikely to start raising rates, gold has the potential to really take off amid expectations of further competitive currency devaluations. Goldman Sachs president Gary Cohn summed it up nicely at the World Economic Forum in Davos: “We are in currency wars. The prevailing view is that the easy way to stimulate economic growth is to have a low currency.” With that in mind, prudent investors are turning to the safe-haven currency that can’t be debased…gold Overall Average: 80% Strong Buy Support & Resistance 2nd Resistance Point 1,313.78 1st Resistance Point 1,303.29 Last Price 1,301.53 1s

having dropped down to about 1280 it just touched 1300 moments ago and is 1301.05 www.bullionbypost.co.uk/GoldPrice&#8206 ATB F

Alex its on ISDX nice buy mate, good price ATB F 20/01/2015 15:42 2,024,990 @ 0.05 20/01/2015 15:21 1,975,829 @ 0.05 20/01/2015 15:14 1,966,010 @ 0.052 20/01/2015 15:13 1,966,010 @ 0.052 20/01/2015 11:31 299,486 @ 0.059 20/01/2015 11:25 4,024,990 @ 0.05