The annual general meeting of the Kurdistan Gold Mines Development Company, which ended on March 19, 1402, was held on Sunday, May 20, 1403, chaired by Mohammad Reza Derakhshandeh, Saeed Maleki, and Maryam Ali Akbari as observers, and Meqdad Majdi, the CEO of the Kurdistan Gold Mines Development Company, as the secretary of the meeting and also the company's statutory auditor, in the Sadr Tamin meeting hall.
At the beginning of the assembly, which was attended by Dr. Saleh Hadi Nia, a standing member of TASICO's board of directors, along with other board members of the Kurdistan Gold Mines Development Company, the session commenced with the reading of the legal auditor’s report. The auditor confirmed the fairness of the financial statements in all material respects, in accordance with auditing standards.
Following this, Meqdad Majdi, the assembly secretary and CEO of the Kurdistan Gold Mines Development Company, expressed his gratitude for the sincere efforts of the company's executive team.
He presented a report on the board's performance over the past year and stated:
"Since its establishment in 2013, the Kurdistan Gold Mines Development Company has aimed to construct the Saqqez Gold Extraction Plant. However, in practice, by the beginning of 2023, the project's progress had been stalled in both the mining and plant construction sectors."
The CEO of the Kurdistan Gold Mines Development Company added: The implementation of key projects for the development of the Kurdistan Gold Mines in three areas, including the development of exploration activities, mine preparation, and the construction of a gold extraction plant, was pursued with all seriousness following the completion of the company's technical and engineering staff in early 1402, and by the grace of God, good successes were achieved in all areas. He then presented technical and engineering data for all three areas and explained the details of the operations carried out in the three areas, as well as the company's achievements in them.
Meqdad Majdi, referencing the strategic plans of the Kurdistan Gold Mines Development Company, stated:
"With the commissioning of the Saqqez Gold Extraction Plant by the end of this year, we will be recognized as the producer of 5% of the country's mined gold. Looking ahead to a five-year horizon, we have defined our primary vision as becoming one of the top five producers of mined gold in the country."
The Vice Chairman of the Kurdistan Gold Mines Development Company emphasized:
"In line with in-group synergy for expanding exploratory activities in the Saqqez gold mines, we have fully leveraged the capacities of Sadr Tamin Exploration and Drilling Company. This has yielded highly promising results in the reassessment of the reserves at the Qolqoleh Gold Mine, the details of which will be published soon."
Majdi concluded by stating:
"The first set of equipment for the Saqqez Gold Extraction Plant will be delivered to the site and installed this month. With the planned scheduling in place, we aim to launch the production line of the Saqqez Gold Extraction Plant by the end of this year."
At the conclusion of the assembly, the attendees expressed their appreciation for the year-long efforts of the board and employees of the Kurdistan Gold Mines Development Company.
The financial statements of the company were unanimously approved by the shareholders. Additionally, other legal matters, such as the selection of the statutory auditor and the official gazette, were also finalized.
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