PRECIOUS METALS

Low grades and COVID concerns weigh on Chaarat

Weak grades saw AIM-listed Chaarat Gold post a 9% drop in gold production for the first half of 2020, while COVID-19-related concerns loom over the company’s Tulkabash project in Kyrgyzstan.

Chaarat Gold's Tulkabash heap leach project is located in Western Kyrgyzstan

Chaarat Gold's Tulkabash heap leach project is located in Western Kyrgyzstan

Gold equivalent production amounted to 26,960oz in H1, compared to 29,607 over the first six months of 2019. Grades average 2.87g/t, down 5% from 3.02g/t in H1 2019, although Chaarat said it was "now...

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