AGMK completes expansion of Kalmakyr mine

RIA Novosti reported that the combine bought mining transport and drilling equipment, constructed fourth loading link, reconstructed railroads and conducted additional mining works in 2009-2013. This works will allow to increase ore mining by 17% to 31.5 million tonnes a year.

Fund for Reconstruction and Development of Uzbekistan issued a loan for US$63 million and Ipoteka Bank allocated a loan for US$20 million. AGMK directed US$39.4 million of its own resources to the project.