Report on Mining Sector in Kyrgyzstan

advertisement
Report on
Mining Industry in Kyrgyzstan and Opportunities for India
February 2014
Prepared by
The National Institute for Strategic Studies of the
Kyrgyz Republic
Contents
Background
……………………………………………………………………
1. Mining Sector in the Economy of Kyrgyzstan
………………
4
5
2. Mining Industry in Kyrgyzstan. Market Research ……………….
7
2.1 Mining Industry Market in Kyrgyzstan
……………………………
7
2.2. Mineral Development License Market
……………………………
10
2.3 Production and Reserves of Main Metals and Rare Earths in Kyrgyzstan 11
2.4 Territorial Distribution of Deposits ………………………………
17
3. Regulatory Framework and Incentives for Joint Ventures in Mining
23
Industry
4. Core Indicators of Trade Relations between Kyrgyzstan and India………. 30
5. Kyrgyzstan’s Foreign Trade in the Mining Sector …………………………………..33
6. Investment Projects in the Mining Industry …………………………………………. 34
Reference …………………………………………………………………………………………………. 36
Background
The mining history in Kyrgyzstan dates back to the early 20th century. During
the Soviet era the Kyrgyz Republic was a leading producer of antimony,
mercury, rare earth metals and uranium.
Following independence and adoption of the first Law on Subsoil of the Kyrgyz
Republic in 1992 the country was opened to private business, both local and
foreign. The majority of the current exploration and production projects were
initiated in late 1990s - early 2000s, following the adoption of the Second Law
on Subsoil in 1997, the increase of world prices for minerals and substantial
liberalization of the procedure for granting rights to conduct exploration and
development of mineral deposits in the Kyrgyz Republic. Along with the
Canadian company "Centerra" other companies from Australia, Great Britain,
Russia, Kazakhstan, China and other countries have invested in the mining
sector of the Republic.
The mining sector consists of a number of industries engaged in the exploration
and development of mineral deposits and primary treatment of the produced
minerals, i.e. enrichment of ores.
Given the conditions in Kyrgyzstan, the industries may be divided into the
following groups:
1.
2.
3.
4.
clay,
5.
6.
Gold
Hydrocarbon recourses (coal, oil)
Ores (iron, rare earths, base metals, radioactive elements)
Construction raw materials and non-metallic minerals (granite, marble,
gypsum, etc.)
Hydro mineral resources (water supply, mineral water)
Prospecting and exploration.
For complete Report, please write, with your company information to:
<amb.bishkek@mea.gov.in>.
Download