Pioneer of new generation mining
Tajikistan has rich deposits of gold, silver and antimony. The largest silver deposits are in Sughd Province, where Tajikistan’s largest gold mining operation also is located. Russian Norilsk nickel company discovered a new, large silver deposit in Bolshoy Kanimansur. More than 400 mineral deposits of some 70 different minerals including strontium, tungsten, molybdenum, bismuth, salt, lead, zinc, fluorspar, and mercury have been discovered in Tajikistan.
These minerals have been found suitable for mining. Uranium, an important mineral in the Soviet era, remains in some quantity but is no longer extracted. The Tajikistan Aluminum Company (TALCO), an aluminum smelter, is the country's only large-scale production enterprise in the mining sector. Tajikistan hosts the annual Mining World Tajikistan, an international exhibition on mining in Dushanbe.
Strategy
Our strategy is to deliver long-term value and returns through the cycle. We aim to do this through:
- Our Portfolio
Owning a portfolio of world class assets with exposure to highly attractive commodities which benefit from the mega-trends playing out in the world around us.
- Our operating model
Operating our assets exceptionally well.
- Our Approach
Maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.
Our strategy maximizes value and returns
We have a simple and diverse portfolio of tier one assets. They are long life, low cost and expandable. To extract the most value and the highest returns from our assets we apply our values and culture, operate them safely and productively, and deploy technology.
To maintain our track record, we must make the most of our portfolio and develop options that secure success. Future success depends not only on our commitment to capital discipline but also social value, which is our contribution to our people, the environment and communities. It informs the way in which we provide resources, achieve commercial success and make our workplace safe.
We have a responsibility to produce strong commercial, sustainable and social outcomes for our shareholders, communities and society. This inspired us to refresh our purpose to acknowledge people as the driving force behind our achievements and reflect our broader contribution
Future Options
We also have broad development options and exploration licenses in many of the world’s premier basins, which could create significant shareholder value over the long term.