Tajikistan: Four Companies Vying for Control of Massive Silver Deposit

Four companies have been shortlisted as finalists to develop the Konimansuri Kalon silver deposit in Tajikistan.

Development of the site, which is reportedly the second largest silver deposit in the world, is projected to cost in excess of $2 billion. The tender was initially advertised in November 2009, and four out of the nine companies that submitted bids attracted the interest of the Tajik State Property Committee, the CA-News.org news agency reported on March 9.

"All these companies are world leaders in the development of mining deposits. At the next stage of bidding, companies included in the shortlist will be granted access to the project's database so that they exercise their own expertise," the report added.