en.Wedoany.com Reported - Kyrgyzstan has officially launched the development project of the Togolok Gold Mine. Located in the high-altitude mountainous region of Jeti-Oguz in the Issyk-Kul area, the deposit was discovered in 1978 and is situated 560 kilometers from the capital, Bishkek. This is the first large-scale mining project in Kyrgyzstan since its independence to be fully developed using local resources, managed by a state-owned gold platform with Chinese enterprises undertaking the construction of industrial facilities.
The Togolok Gold Mine is located near the settlement of Ak-Shirak, which sits at an altitude of nearly 3,200 meters, 35 kilometers from the mining site, presenting harsh working conditions. Kumtor Operating Company obtained the mining license in August 2023, and a feasibility study in August 2024 confirmed the project's commercial viability. Stripping operations began in the spring of 2026, with the site already equipped with 8 mining trucks, 2 excavators, and other engineering machinery. Local supporting works have been completed, including road widening, construction of a new bridge over the Kyshi River, and dormitories for 85 workers. In April 2026, Kyrgyz Kumtor Company selected China Nerin Engineering as the contractor, signing an agreement for the construction of production facilities at the mining site.
Gold is Kyrgyzstan's largest export category. In 2025, the country exported 6.2 tons of gold, generating $682 million in revenue, accounting for 24% of the nation's total export value. The state-owned platform Kyrgyzaltyn holds full ownership of Kumtor Gold Company, whose Kumtor mine is the country's largest high-altitude gold mine, nationalized in 2021. In 2025, Kumtor Gold Company produced 12,081 kilograms of gold, with revenue of $1.434 billion and a net profit of $706 million.
China Nerin Engineering Technology Co., Ltd. entered the project through an international tender, undertaking industrial infrastructure work at the mining site and deeply engaging in Kyrgyzstan's high-altitude mine infrastructure sector. The country leverages cash flow from existing large-scale mines to incubate new production capacity at Togolok, completing the closed loop of the state-owned gold industry chain and reducing dependence on foreign mining investment.
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