Armenia
“Chaarat Kapan” CJSC is located in Armenia, 320km to the south east of the capital, Yerevan. It is found in a district dominated by the mining industry, with the Kajaran copper-molybdenum mine and a number of smaller production facilities operating alongside Kapan.
View royalty scheme www.chaarat.am

Visit our mines:
KapanProduction
Kapan
Commodities | Au, Ag, Cu, Zn |
Stage | Producing |
LOM Avg. Production | 65koz AuEq |
Target LOM Avg. EBITDA ($1,400) | US$20m(2) |
Reserves | 561koz AuEq |
Resources | 3,288koz AuEq |
“Chaarat Kapan” CJSC was acquired by Chaarat in early 2019 for a consideration of US$55 million.
The acquisition was an important milestone in achieving Chaarat’s goal of building a leading emerging markets gold company with an initial focus on Central Asia and the FSU through organic growth and selective M&A. It demonstrates the Company’s ability to execute deals quickly, diligently and on accretive terms.
Read moreWebcasts

Chaarat Gold Holdings ’emerge as much stronger company’ in 2020, after unprecedented challenges

Chaarat Gold praise ‘true character’ of employees, operating as normal despite external challenges

Chaarat Gold Holdings delivers positive group Ebitda for first time in company’s history
