Business
Approval for Sekisovskoye Development Plans
Approval for Sekisovskoye Development Plans.
About this update from Altyngold Plc
[{"type":"text","content":"\n \nRNS Number : 7083O GoldBridges Global Resources PLC 11 August 2014 \n \n\nAugust 11, 2014\nGoldBridges Global Resources plc\n(\"GoldBridges\" or the \"Company\")\n \n \nGoldBridges Global Resources receives approval for its Sekisovskoye development plans from the Ministry of Industry and New Technologies\n \n \nGoldBridges Global Resources plc is pleased to announce that its Sekisovskoye mine development project has been approved by the Ministry of Industry and New Technologies (MINT) for inclusion in the State Program on Forced Industrial-Innovative Development (SPFIID). \nAccording to the terms of the SPFIID, the government will build infrastructure to expand the current connection of the Sekisovskoye project to main electricity and transportation networks.\nThe SPFIID was established in 2010 as part of President Nazarbayev's initiatives for modernisation of the Kazakhstan economy and pledges state support to selected projects by providing financing facilities such as grants and low interest loans, infrastructure development and policies to remove bureaucratic hurdles\nAidar Assaubayev, CEO of GoldBridges Global Resources Plc. commented:\n \n\"We are delighted to receive MINT approval, which is a very important step in the development of the Sekisovskoye project.\"\n______________________\nGoldBridges Global Resources plc \nSPFIID website: www.pfiir.kz\n \nFor further information, please contact:\n \nGoldBridges Global Resources plc\nRajinder Basra, CFO +44 (0) 207 932 2455\n \nStrand Hanson (Nomad and Joint Broker)\nAndrew Emmott\nJames Spinney\nRitchie Balmer &nb...