Kyrgyz article good summary of what they have done so far, including the sums that were spent
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Despite the late receipt of the 2012 license agreement number 3 and the suspension of work on solving State Geology Agency for the whole month, work continued on the preparation for the development of the field of rare earth elements Kutessay II and other projects.
For the year 2012 and the first half of 2013 LLC "Kutisay Mining" and LLC "Stans Energie Kay Gee" a considerable amount of pre-mining and exploration (drilling, sampling, analysis, design work, etc.), the design of combination life of mine, concentrator and a new tailings dam, local projects to repair roads technological "old factory-pit" length of 3 km and drainage creek Kutessay. Some of the projects are examined in the State Inspectorate for Environmental Safety of the Government of the Kyrgyz Republic (Gosekotehinspektsiya).
In August 2012 the deposit Kutessay II created a production station number 1 ("Kutessay"), which is currently under renovation of buildings and structures in the old career and after approval of project documentation will repair and restoration process of roads, drainage structures and cleaning up benches.
Acquired technology laboratory equipment totaling approximately 254.4 thousand U.S. dollars. In addition, at the end of 2012 were zakuplenymarksheyderskie devices and instruments, and a set of software to them in the amount of 49,700 U.S. dollars. This February, for the repair of roads and career acquired multipurpose loader XCMG LW 500 F for 74,300 U.S. dollars.
Total costs "Kutisay Mining" for pre-design work and only the deposit Kutessay II for the year 2012 amounted to 1.12 million U.S. dollars.
To "Kashkinskom factory rare earth" (KZRE), bought last year by investors for $ 5.5 million, repairs and restoration work in the shops ? ? 2-3 and joint technological research with one of the largest research institutions in Russia ( OJSC "VNIIKhT") and specialized laboratories Kyrgyzstan (LLC "IPC", etc.) to improve the quality and increase the ore processing recovery of REE, as previously used technology in the past 20 years outdated.
Total costs in 2012 KZRE for survey, design and technological research for the separation of REE, repairing roofs and buildings and shops in Kashka railroad base in Kemin totaled 2.35 million U.S. dollars.
Today, the total number of employed engineers and workers associated with the project "Kutessay" was 128 people, including residents of local villages dominated Aktyuz, Clover and Orlovka.
In 2012, provided charitable assistance in the Kemin district for a total of 4.77 million soms, including 2.95 million soms Ak-Tuz AO, township high school, veterans, low-income and large families of the village, Illichivsk AO - 0 57 million soms, the Orlovka and n Clover - 0.81 million soms.
In addition, the company "Energie Stance Kay Gee" holds the license for geological izuchenieKyzyluraanskoy license area, located in the Toktogul village of Jalal-Abad region, Kyrgyzstan.
In 2012, exploration work on the search for the rare earth and radioactive mineralization held company in the promising areas Kokbel, Karasu-Kargysh Tahtalykskaya group Tahtalyk and Kyzyltu. Carrying out work confirmed the ore-bearing prospects band in the "black" shales, which will continue the exploration of promising areas primarily to additional exploration and tracking of surface mineralized zones drilled to a depth of 100-150 meters.
In 2012, the total cost of search operations within the licensed area Kyzyluraanskoy totaled 8.89 million soms, which is 27% higher than expected (7.0 million soms).