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Over 50 tonnes of Kumtor gold being stored in Kyrgyzstan - presidential press service interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
Kyrgyzstan plans to produce 17 tonnes of gold in 2022 interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
North American Morning Briefing: S&P 500 Futures Hold Steady While Oil Slides morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff 2 Min Read MOSCOW, Jan 29 (Reuters) - Kyrgyzstan on Friday banned foreign companies from future large mining projects, although existing licences are unaffected, in the first major order by its new president. The economy of the Central Asian nation relies heavily on gold mining, particularly after two other sources of wealth - trade with neighbouring China and remittances from migrant labourers working in Russia - were hit by the COVID-19 pandemic. Kyrgyz President Sadyr Japarov, who was inaugurated on Thursday, signed the order which only allows the development of “subsoil areas of national importance” by a state-owned company. ....
Emerging Europe this week Central Europe Polish Prime Minister Mateusz Morawiecki said this week that his government plans to impose a new levy on advertising revenues and use the proceeds to support the national health care system, culture and free media. “This is nothing new and something we agreed upon in the European Union some time ago,” said Mr Morawiecki. The PM said that the levy is intended to create better conditions for the development of free media. “We are dealing with a huge imbalance. Global media corporations dominate and can do so even more through their capital power.” The new tax, which has been fiercely criticised by independent broadcasters and publishers, is expected to take effect from July 1, and could raise up to 800 million zloty (178 million euros) in 2022. ....