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The Ministry of Industry of Kazakhstan is set to announce an auction for deposits of solid minerals later this month, according to, citing Almas Kushumov, the head of the subsoil use department.
The ministry plans to offer 23 new deposits to potential bidders, including sites with approved reserves of bauxite, coal, polymetallic ores, and gold.
Mr. Kushumov stated that all the necessary information regarding the auction will be published on the official website of the Ministry of Industry, allowing interested parties to learn which deposits are available for exploration and licensing.
He also noted that the state fund holds other valuable plots. However, as subsoil users failed to fulfill their obligations for these deposits, their licenses were revoked. Information about these areas will be made available to the public at a later date.