Gold Fields pays $10 mln for Orsu Metals' stake in Kyrgyz gold mining project

摘要

South African company Gold Fields has shelled out $10 million for British company Orsu Metals' 40% stake in Kyrgyzstan's Talas Copper Gold, which owns a geological survey license for four gold ore deposits in Kyrgyzstan.As a result of the transaction, Gold Fields has become Talas Copper Gold's only shareholder. Orsu Metals is withdrawing from its Kyrgyzstan-based projects to focus its efforts on the Kar-chiga deposit in Kazakhstan, the Kyrgyz company said in a press release.