The company is currently waiting for its Land Use Permit and Class A Water License from the Wek'èezhìi Land and Water Board of the Northwest Territories.
Kibali will rank as one of the largest gold mines in Africa when in full production, expecting to produce an average of 600,000 ounces of gold per annum over the first twelve years of its life.
On October 30, 2013, Stans Energy Corp., a Toronto-based firm focusing on heavy rare earth metals, and its subsidiaries filed a claim for arbitration under the Convention for the Protection of Investor’s Rights to which Kyrgyzstan is a signatory.
It consists 44 pieces of artwork valued at more than US$1 million, and is on display at the AAMU Museum of Contemporary Aboriginal Art in the Netherlands.
