European Bank for Reconstruction and Development allocates $100 million for development of copper and gold deposit in Kazakhstan

European Bank for Reconstruction and Development has provided a loan in the amount of $100 million to Altaypolimetally and Ken Terekty Bait, which carry out development of copper-gold deposit Koktaszhal in a remote area of ​​the Karaganda region, the press centre of the Bank reports.

According to the report, the funds of the loan will be used to finance the development of the deposit and construction of processing plant for the production of copper-gold concentrate.

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