Solidcore Resources

Promotional Strapline: Building Foundation for Solid Growth
Primary Ticker: AIX:CORE
Stage of Development: Production, Development, Exploration
Primary Minerals: Copper, Gold, Tin
Country / Region: Kazakhstan
Market Cap 2.8B
Website: Solidcore Resources

Solidcore Resources is a leading gold producer based in Kazakhstan and listed on Astana International Exchange. Solidcore has a portfolio of two producing gold mines and an impressive growth project.

 

Management Profile

Evgenia Onuschenko, CFO

Evgenia joined Solidcore in 2008 as the Head of the Bank Financing department and later served as the Head of Corporate Finance and Investor Relations. Her most recent role in the Company – Executive Vice President for Corporate Finance. Prior to joining the Company, she held several roles at Ernst & Young in transaction advisory services.

Evgeny Monakhov, Head of M&A

Evgeny joined Solidcore in 2019. He is a veteran of the investment banking industry, having successfully led and managed equity sales teams and equity franchises at Credit Suisse, Deutsche Bank and Gazprombank in London and Moscow.

 

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Maintain stable operations, conduct near mine explorations, conduct feasibility study at Syrymbet tin mine, progress with the Ertis POX construction

6 Months:

Maintain stable operations, conduct near mine explorations, conduct feasibility study at Syrymbet tin mine, progress with the Ertis POX construction

12 Months:

Maintain stable operations, conduct near mine explorations, complete feasibility study at Syrymbet tin mine, progress with the Ertis POX construction

 

What do you think makes your company such a compelling investment?

Return on investment in the precious metals industry is driven by grades and mining conditions. We achieve better returns and lower risks from our project portfolio by setting appropriate thresholds on head grades and, where possible, opting for open-pit mines