History

Open Joint Stock Company "Kyrgyzaltyn" is the largest domestic enterprise in the Kyrgyz Republic, specializing in the development of gold deposits, founded on October 15, 1992, as the State Concern "Kyrgyzaltyn", with the aim of uniting enterprises of the mining industry of the Kyrgyz Republic to support the production of existing enterprises and implement new projects gold mining.

In accordance with the Decree of the President of the Kyrgyz Republic dated July 23, 1999 No. UP-175 “On the reorganization of the Kyrgyz State Concern “Kyrgyzaltyn” in order to ensure transparency of activities and improve the management structure, the state concern “Kyrgyzaltyn” was reorganized by transforming into a joint stock company “Kyrgyzaltyn” .

The company currently, together with partners in joint projects, produces more than 81% of the gold of Kyrgyzstan. Gold mining accounts for about 10% of the republic's GDP, 35% of industrial production and 60% of exports. The Kyrgyz Republic ranks third among the CIS countries in gold production.