Andash Project Development Update
The development of Andash Copper-Gold Project in the Kyrgyz Republic remains the key focus of Kentor Gold Limited (“Kentor Gold” or “the Company”).
To date, significant progress has been made in completing the detailed design, and preparing for construction. Merit Consultants of Vancouver has a team in country to ensure a smooth transition from Engineering and Procurement by AMEC in Australia to Construction Management by Merit Consultants which has 40 years experience in such projects.
There are still a number of key issues that require careful management and consideration to continue the development through to construction and commissioning however it has now become apparent that there will, most likely, be a delay to the development timetable. These issues need to be carefully understood in the context of the political environment in the Kyrgyz Republic.
The Kyrgyz Republic enjoys the reputation of being the first parliamentary democracy formed in Central Asia. It is now operating under a new constitution, introduced only last year and with a government and Prime Minister in position only since December 2010. The procedures and process of government are still being established as would be expected in a newly established democracy.
