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28-Oct-2020 01:43 PM

Chaarat Gold quarterly output falls; sticks to annual guidance

Armenia and Kyrgyz Republic focused miner Chaarat Gold stuck to its annual production guidance even as output fell in the third quarter. Quarterly production of 15,175 gold equivalent ounces (+8.7% vs Q2 2020). Chaarat remains on track to achieve full-ye
11-Sep-2020 08:11 AM

Chaarat Gold losses widen on lower output amid delayed shipments

Mining company Chaarat Gold reported wider first-half losses as lower production amid delayed shipments dented revenue. For the six-month period ended 30 June 2020, pre-tax losses widened to $13.2m from $12.4m on-year as revenue fell to $29.9m from $31.
22-Apr-2020 09:00 AM

Broker Forecast - finnCap issues a broker note on Chaarat Gold Holdings Ltd

finnCap today initiates coverage of Chaarat Gold Holdings Ltd (LON:CGH) with a corporate investment rating and price target of 53p. Story provided by Broker Forecasts data provided by
19-Feb-2020 10:03 AM

Charaat warns of output fall; eyes first production from Tulkubash mine in late 2021

Chaarat Gold warned of a fall in output following a recent uptick in gold prices and also confirmed it remained on track for first production from its Tulkubash mine in the Kyrgyz Republic in 2021. 'Due to the higher gold price impact on gold equiva
21-Oct-2019 07:53 AM

Chaarat Gold reports higher earnings despite fall in output

Mining company Chaarat Gold reported higher earnings even as production fell in the third quarter from the second. For the quarter ended 30 September 2019, the Ebitda contribution from the Kapan mine was $3.6m compared with the $3.2m seen in the initial
13-Sep-2019 08:00 AM

Chaarat Gold reports wider losses amid higher costs

Chaarat Gold reported wider losses as revenue was offset by higher costs. The company also announced the conclusion and signing on 11 September 2019 of a joint venture agreement with ?iftay İnsaat Tahh?t, the Turkish mining and mine construction
15-Aug-2018 09:06 AM

Chaarat's Linda Naylor steps down as Finance Director

Exploration and development company Chaarat said Wednesday that Linda Naylor had stepped down as Finance Director and Company Secretary of Chaarat. Naylor, who had been with Chaarat since July 2009, announced her intention to step down last November. Ch
18-Dec-2017 09:27 AM

Chaarat to raise $20m for Tulkubash heap leach project

Chaarat Gold's board has decided to raise up to US$20n through a mixture of equity and short term senior secured convertible loan notes to optimise the development of the Tulkubash heap leach project. It said that $15.0m of commitments had already b
04-Dec-2017 07:44 AM

Tulkubash resource update on track, says Chaarat

Chaarat Gold Holdings has confirmed that all assays from the 2017 Tulkubash drilling programme had now been finalised and the resource update was on track for completion in January. It said: 'Mineralised wireframes exhibit remarkable continuity alo
27-Nov-2017 07:36 AM

Support for Chaarat project reaffirmed

Chaarat Gold chairman Martin Andersson said support for the development of the Chaarat project had been re-affirmed by the leader of largest party in the Kyrgyz parliament. The company - which issued a report on Andersson's recent visit to the Kyrgy
20-Nov-2017 09:32 AM

Chaarat completes drilling programme

Chaarat Gold has completed its 2017 drilling programme at the Chaarat gold project in the Kyrgyz Republic. The company said that 17,420 metres were drilled against a planned 11,000 metres and 30% of total drilling in the Tulkubash zone was completed in t
13-Nov-2017 09:58 AM

Chaarat appoints two non-execs

Chaarat Gold has appointed two non-executive directors to the board with immediate effect. Chaarat said: 'Gordon Wylie and Dorian Nicol both bring more than 40 years' mining experience and knowledge to the board and will assist the management
10-Nov-2017 07:38 AM

Chaarat appoints CFO designate

Chaarat Gold Holding has appointed Pete Gardner as chief financial officer designate. He was finance director of Amara Mining from 2009 until its sale to Perseus Mining in 2016. Chaarat said: 'His immediate priorities will be to lead the already w
27-Oct-2017 02:24 PM

Chaarat Gold deputy chairman to step down

Chaarat Gold has announced that Dekel Golan will step down from the Board, on 1 November, after assuming the role of Deputy Chairman in July following the appointment of Robert Benbow as Chief Executive Officer. Martin Andersson, Chairman, comments: &quo
21-Sep-2017 07:39 AM

Chaarat gets go-ahead for Tulkubash project

Chaarat Gold Holdings has achieved full local permitting for the Tulkubash heap leach project. The company submitted a technical project (TP) setting out the detailed plan for the development of the Tulkubash project and the environmental impact assessm
07-Jul-2017 09:44 AM

Chaarat resolutions passed at AGM

Chaarat Gold Holdings has confirmed that all resolutions proposed at its annual general meeting yesterday were passed. At 9:44am: (LON:CGH) Chaarat Gold Holdings Ltd share price was +0.38p at 16p Story provided by
06-Jul-2017 07:37 AM

Chaarat reports good progress on Tulkubash project

Chaarat Gold Holdings has reported good progress on the approvals process for the development of the Tulkubash heap leach project and the drill programne to increase the reserve and life of mine remained on schedule. Thew group said: "The terms of
13-Feb-2017 08:11 AM

Chaarat encouraged by Kyrgyz support for Tulkubash

Chaarat Gold reports Kyrgyz government support for the Tulkubash heap leach project. The company said chairman Martin Andersson received unanimous expressions of support for the group's operations in the country and its investment plans from senior
23-Jun-2016 08:04 AM

Chaarat confirms resource increase

Chaarat Gold Holdings has revealed a total JORC compliant resource of 7.04 million ounces for the Chaarat gold project - an increase of 15%. The resource statement has been updated to reflect the results of the mine plan included in the feasibility study
21-Jun-2016 07:21 AM

Chaarat losses narrow

Chaarat Gold Holdings posts an operating loss of $4,737,108 for the year to the end of December - down from $14,526,873 last time. Exploration expenses fell to $2.1m from $4.2m and the 2014 results included an impairment of $6.0m compared with nil this t
03-Feb-2016 09:34 AM

Study confirms project economics, says Chaarat

Chaarat says the economics for its eponymous gold project in the Kyrgyz Republic have been confirmed in the final draft of a feasibility study. The study confirms a very low cost of production with average all-in sustaining costs of USD635.2/oz and post-
17-Aug-2015 08:21 AM

Chaarat 'frustrated' by DFS delay

Chaarat Gold Holdings is 'frustrated' that the definitive feasibility study for its proposed mine in the Kyrgyz Republic has still not been completed. The group reported in June that the DFS was on track for 'delivery imminently'. B
11-Jun-2015 08:45 AM

Chaarat losses narrow

Chaarat Gold posts an operating loss of $14.0m for the year to the end of December - down from $14.6m in 2013. The loss attributable to equity shareholders of the parent narrowed to $13.6m from $14.4m. Highlights for the year: ยท Definitive feasib
20-Apr-2015 08:06 AM

Chaarat updates on DFS progress

Chaarat Gold Holdings says important developments have been identified during preparation of the definitive feasibility study which are expected to add to the value of the Chaarat gold project in the Kyrgyz Republic and reduce implementation and technolog
30-Dec-2014 10:49 AM

Board resignation at Chaarat Gold Holdings

Chaarat Gold Holdings (AIM:CGH) the exploration and development company with assets in the Kyrgyz Republic, has announced that Mac DeGuire has resigned from the Board with effect from tomorrow. Mr DeGuire, who was appointed to the Board as a non-executi

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