News - Page 28 of 33 - MINEX Central Asia 2024

Industry News

“Driving Investment in Kazakhstan’s Mining Industry”: Astana Conference Recap

"Amidst discussions on legislative reforms and strategic partnerships, the conference illuminated Kazakhstan's potential as a leading destination for mining investments."

27/02/2024

Industry News

President of Kazakhstan Tokayev visited a strategically important titanium industry enterprise

The President visited the Ust-Kamenogorsk titanium-magnesium plant and learned about its production and development prospects.

26/02/2024

Industry News

Indonesia’s Nickel Dominance: The Rise of Low-Cost Suppliers and the Global Market Shake-Up

Indonesia's Nickel Surge: Threatening Global Competitors. Christel Bories, CEO of Eramet, foresees Indonesia's dominance in nickel production, spelling trouble for traditional players worldwide. As prices…

26/02/2024

Companies & Organisations

Navoi Mining and Metallurgical Company Hosts Press Conference on Digitalization Achievements and Future Plans

On February 22, 2024, JSC Navoi Mining and Metallurgical Company (NMMC) showcased its advancements in digitalization and IT implementation, alongside outlining its future strategies.

26/02/2024

Industry News

New ‘water batteries’ safer and cheaper than lithium-ion

RMIT has led a global team of researchers and industry partners in the development of a new recyclable ‘water battery’ that is expected to be…

23/02/2024

Companies & Organisations

Navoi Gold Spearheads Global Investment Interest in Uzbekistan’s Thriving Mining Sector

In an event signaling Uzbekistan's growing visibility on the global investment stage, Navoi Gold hosted an international investor meeting at its Tashkent offices, drawing keen…

23/02/2024

Companies & Organisations

Arras Minerals Confirms Large “at Surface” Untested Porphyry System on Elemes Licence in Kazakhstan

Arras Minerals Corp.is pleased to announce the initial results of its 2023 soil sampling program conducted over the Berezski Target in northeastern Kazakhstan.

23/02/2024

Industry News

The US Ambassador spoke about the impact of privatization on the attractiveness of the mining sector of Kazakhstan

US Ambassador to Kazakhstan Daniel Rosenblum expressed his opinion on how Kazakhstan can maximize its potential in attracting investment in the mining sector, a Kazinform…

23/02/2024

Companies & Organisations

Kazakhstan’s Mining Boom: Get In Now

On 22 February the Kazakhstan Chamber of Mines (est.March 2023) organised their first international conference under the theme "Increasing Investment Attractiveness in Kazakhstan’s Mining Industry”.

22/02/2024

Companies & Organisations

Kazakhstan’s Mining Boom: New Opportunities for Investors

On 22 February the Kazakhstan Chamber of Mines (est.March 2023) organised their first international conference under the theme "Increasing Investment Attractiveness in Kazakhstan’s Mining Industry”.

22/02/2024

Companies & Organisations

Measures will be taken to further accelerate the deep processing of copper raw materials.

A Presidential Decree "On measures to further accelerate the deep processing of copper raw materials in the republic" (Decree No. 77 of February 19, 2024)…

22/02/2024

Investment Projects

Uzbekistan expects to attract $7.2 billion in foreign investment

In the first quarter of 2024, Uzbekistan plans to utilize foreign investments worth $7.2 billion. The government of the republic adopted a resolution to this…

22/02/2024

Industry News

Kazakhstan and Spain will jointly explore groundwater

Technologies of Spanish businessmen are widely used in Australia, Canada, the USA and Europe

22/02/2024

Industry News

B2Gold’s Investment Hopes in Uzbekistan Dashed after Six-Year Search

Industry sources suggest that Canadian gold mining company B2Gold is preparing to exit Uzbekistan. While the specific reasons remain unclear, the decision may be linked…

22/02/2024

Industry News

President of Uzbekistan Plans got acquainted with a presentation on measures to develop metallurgical enterprises

On February 1, President Shavkat Mirziyoyev got acquainted with a presentation on measures to develop metallurgical enterprises.

21/02/2024

Companies & Organisations

Anglo Asian releases initial resource estimate for Xarxar copper deposit

Anglo Asian Mining (LON: AAZ) released on Tuesday a JORC-compliant mineral resource update (MRE) for the Xarxar copper deposit in Azerbaijan following its discovery last…

21/02/2024

Companies & Organisations

The Minister of Industry and Construction discussed investments with Linde

Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapaev held a meeting with Matthias Kranz, President of Linde GmbH for the Eastern…

21/02/2024

Industry News

The Boom in Battery Metals for EVs Is Turning to Bust

Prices of lithium are down as much as 90% since the start of last year, while the price of nickel has roughly halved.

19/02/2024

Companies & Organisations

Polymetal International has recently taken significant steps towards divesting its Russian business.

Listed on AIX in Astana (Kazakhstan) Polymetal International plc has recently taken significant steps towards divesting its Russian business.

19/02/2024

Industry News

KAZAKHSTAN DAY 2024

Join us for the 5th Annual “Kazakhstan Day” as part of Prospectors & Developers Association of Canada (PDAC) conference!

19/02/2024

Companies & Organisations

Azerbaijan’s AzerGold discloses volume of investments in mining projects

Until now, Azerbaijan's AzerGold has invested 550 million manat ($323.5 million) in the implementation of mining projects, Chairman of the Board of AzerGold Zakir Ibrahimov…

19/02/2024

Companies & Organisations

In Eastern Kazakhstan, Kazzinc was punished for river pollution

Wastewater samples showed a 4.5-fold excess of manganese

19/02/2024

Companies & Organisations

Brandt will develop two gold deposits in northern Kazakhstan

Brandt's strategy involves ore processing at its own gold recovery plant, utilizing the heap leaching method.

19/02/2024

Industry News

German think tank ranks Kazakhstan as ‘world middle power’

Kazakhstan, a landlocked country in Central Asia with a population of 20 million, has been ranked for the first time as a “middle power” by…

16/02/2024

Industry News

Kyrgyzstan, Russia discuss cooperation in energy sector, industry and transport

Kyrgyzstan, Russia discussed cooperation in energy sector, industry and transport

16/02/2024

Companies & Organisations

Ministry of Industry Issues Notice to Qarmet Over Significant Contract Failures

Kazakhstan Fines ArcelorMittal Temirtau/Qarmet 4.6 Billion Tenge for Contract Violations

16/02/2024

Industry News

Five new high-value added production projects to be launched in Pavlodar region

Pavlodar region is expecting the launch of five projects for the production of high-value added products. The regional akimat (administration) announced the details.

16/02/2024

Companies & Organisations

Kazatomprom held the 26th Corporate HSE Meeting

Kazatomprom became the first national company in Kazakhstan to join the Vision Zero international program, which aims to achieve zero injuries at work.

16/02/2024

Industry News

Kyrgyzstan sold 20.2 tons of gold in 2023

In 2023, Kyrgyzstan exported 20.2 tons of gold for $1,284.3 billion, data of the National Statistical Committee said.

16/02/2024

Companies & Organisations

Kazatomprom Achieves ‘B’ Climate Rating from CDP Amidst Global Push for Sustainability

Kazatomprom commented that "the practice of disclosing information through CDP is welcomed in the global markets for the company's products." Therefore, the national atomic company…

16/02/2024

Industry News

Increased Extraction of Non-Ferrous and Precious Metals in Kazakhstan in January 2024

In January 2024, the extraction of non-ferrous and precious metals increased in Kazakhstan.

16/02/2024

Companies & Organisations

Kazakhstan Boasts 15 Rare Earth Deposits, Eyes for Deeper Exploration

Kazakhstan has 15 rare earth deposits, strategically important components of electronics and clean energy technology, and eyes for closer cooperation with international partners in uncovering…

16/02/2024

Industry News

Kazakhstan Produces Over Half of Raw Materials Critical for EU Economy

Kazakhstan produces and processes 19 types of essential raw materials included in the list of critical raw materials for the European Union (EU), reported the…

16/02/2024

Companies & Organisations

Ecologists of East Kazakhstan region imposed a fine of over 50 million tenge on the division of Kazzinc

An unscheduled inspection was completed in relation to the Ridder mining and processing complex regarding pollution of the Ulba River - MPC for manganese was…

Andrew16/02/2024

Industry News

Key German companies are creating a consortium for lithium mining in Kazakhstan: a new round in the lithium industry

During the meeting, the parties shared the countries' economic performance over the past year, discussed the current economic achievements of Kazakhstan and Germany, and expressed…

16/02/2024

Industry News

National Bank of Kazakhstan made headlines by selling nearly 57.43 tons of gold in 2023

According to data from Halyk Finance, the National Bank of Kazakhstan sold nearly 57.43 tons of gold last year, surpassing the reserves of many other…

16/02/2024

Companies & Organisations

Adylbek Kasymaliev launched a project for underground gold mining at the Kumtor deposit

Kumtor Gold expects to reach ore with a higher gold grade with the help of underground mining

15/02/2024

Companies & Organisations

Central Mining Administration is the largest unit of the company

In Navoi Mining and Metallurgical Company, gold mining and processing is carried out in such units as Central, Northern, Southern Mining Administrations and Mining Administration…

15/02/2024

Companies & Organisations

Altynalmas received a license to produce and sell explosives

The gold mining company Altynalmas announced that it had received a license for the development, production, acquisition, sale and storage of explosives and pyrotechnic substances…

15/02/2024

Companies & Organisations

Underground gold mining has begun at the Kumtor deposit in Kyrgyzstan

Underground gold mining has begun at the Kumtor deposit, the press service of the Kyrgyz government reported on Thursday.

15/02/2024

Companies & Organisations

Rio Tinto Faces Pressure From Investors Over Water Contamination Claims in Mongolia and Madagascar

Global mining giant Rio Tinto (RIO.AX) faces new pressure from socially conscious investors and lenders, this time on water practices at two of its mines.

14/02/2024

Industry News

Kazakhstan is preparing a project to create a digital map of enterprises

Kazakhstan intends to modernize the system for protecting workers’ rights by creating a digital map of companies

14/02/2024

Industry News

The Kazakhstan Canada Business Council will meet in Toronto to discuss sustainable future of bi-leteral relations

The upcoming edition of KCBC in 2024 will showcase three working groups and a Plenary session, offering diverse opportunities for in-depth discussions and collaboration.

13/02/2024

Industry News

The Kazakhstan Canada Business Council will meet in Toronto to discuss the sustainable future of bileteral relations

The upcoming edition of KCBC in 2024 will showcase three working groups and a Plenary session, offering diverse opportunities for in-depth discussions and collaboration.

13/02/2024

Industry News

The production cuts by Kazatomprom have led to a surge in uranium prices

Kazatomprom this month lowered its 2024 guidance by as much as 14%, having previously warned it’s likely to fall short of production targets into 2025.

13/02/2024

Companies & Organisations

President Japarov invited Hinduja Group to invest in banking and mining sectors in Kyrgyzstan

President Sadyr Japarov met with the Chairman of the Hinduja Group, Gopichand Hinduja, as part of his working visit to Dubai, president's press service reported.

13/02/2024

Industry News

Kazakhstan will provide tax benefits to processors of solid minerals

The government, by its resolution, will authorize the Minister of Industry and Construction to sign an agreement on the processing of solid minerals, under which…

13/02/2024

Industry News

Congo’s Gecamines offers to buy some of Khazakh miner ERG’s copper assets

The Democratic Republic of Congo's mining unit wants to buy three of the Khazakh miner's assets in the country and has funds to finance the…

13/02/2024

Companies & Organisations

Erdene Resource Development begins construction at Bayan Khundii gold project in Mongolia

Erdene Resource Development Corp (TSX:ERD, OTC:ERDCF) announced that full construction of the high-grade, open-pit Bayan Khundii gold project in Mongolia has commenced.

13/02/2024

Companies & Organisations

Shubarkol Premium may lose its subsoil license

The coal mining company Shubarkol Premium received a notice from the Ministry of Industry about the possible termination of the contract.

13/02/2024

Industry News

The Republic of Kazakhstan will ban the export of ferrous scrap metal and petroleum products

Now it will be impossible to export Kazakh waste of ferrous metals and alloys.

13/02/2024

Industry News

Copper concentrate production in Armenia decreased by 5.8%

Copper concentrate production in Armenia experienced a decline of 5.8% compared to the previous year

13/02/2024

Industry News

Kyrgyzstan Cleans Up Uranium Mining Legacy

Mountains of Western Tian Shan in the Kyrgyz Republic hold many dangerous secrets related to the uranium mining activity.

12/02/2024

Industry News

C5+1 Dialogue on Critical Minerals with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan

On 8th February 2024, the U.S. Department of State hosted the inaugural meeting of the C5+1 Critical Minerals Dialogue (CMD), an initiative announced by President…

12/02/2024

Industry News

The new government of the Republic of Kazakhstan ordered the development of high value-added production

The new Prime Minister of the Republic of Kazakhstan, Olzhas Bektenov, gave this instruction during an extended government meeting.

12/02/2024

Industry News

The new government of the Republic of Kazakhstan sets tasks for the development of high value-added production

The new Prime Minister of the Republic of Kazakhstan, Olzhas Bektenov, gave this instruction during an extended government meeting.

12/02/2024

Companies & Organisations

Polymetal takes part in the Syrymbet tin project

Polymetal is exploring the reserves of the Syrymbet tin deposit together with Tin One Mining, which holds the subsoil license for this site.

12/02/2024

Companies & Organisations

The Lomonosovskoye iron ore deposit will be launched in 2025

Lomonosovskoe, which holds the license for the iron ore deposit of the same name in the Kostanay region, will launch it into commercial operation in…

12/02/2024

Industry News

Qarmet must return to the status of one of the leaders in metallurgy in the CIS

President Kassym-Jomart Tokayev ordered the production of high-tech steel grades for the automotive industry and other industries.

12/02/2024

Industry News

EU, US to align global minerals push against China’s supply grip

The US and the European Union are in talks to merge a core area of their efforts to engage suppliers of critical minerals in resource-rich…

12/02/2024

Industry News

Uzbekistan is aiming to double exports to the EU countries by the end of 2024

President Mirziyoyev has set ambitious goals, aiming to increase export volume to EU countries to $1.2 billion and nearly doubling the number of product categories…

12/02/2024

Industry News

Kazakhstan: a breakneck race for Critical Raw Materials and Foreign Investment is on!

Kazakhstan's untapped mineral resources are becoming increasingly important due to the global demand for critical raw materials.

09/02/2024

Industry News

Kazakhstan, Azerbaijan agree to co-reduce bottlenecks in Middle Corridor

Kazakhstan and Azerbaijan have agreed to actualize the synchronous elimination of bottlenecks on the Trans-Caspian International Transport Route (TITR, or Middle Corridor), the deputy chairman…

09/02/2024

Industry News

Uzbekistan buys 9 tons of gold in December 2023

Central Bank of Uzbekistan emerges as world's second-largest gold buyer.

09/02/2024

Industry News

Russia’s Rosatom joins setting educational hub for industrial digitization in Tajikistan

The sides also reviewed a roadmap to strengthen cooperation on issues outlined in the Memorandum signed on October 20, 2023, between the Committee on Architecture…

09/02/2024

Industry News

Kazakhstan produces 19 types of critical raw materials approved by the European Union

Kazakhstan produces and processes 19 types of crucial raw materials, approved by the European Union.

09/02/2024

Companies & Organisations

Kumtor Gold Company provides 2.6 million soms for drip irrigation project in Jety-Oguz district

The project will create additional work places and will facilitate development of local production of goods.

09/02/2024

Companies & Organisations

Erdene Secures $80M to Build Mongolia’s Largest Gold Mine – AZoMining

Erdene Resource Development Corp. and Mongolian Mining Corporation had executed debt finance agreements worth up to US$80 million to finance the development of the high-grade,…

09/02/2024

Companies & Organisations

Central Asia Metals Reaffirms Strong Production, Seeks Growth Opportunitie

Kazakhstan is highlighted as a potential area for future projects, with the company teaming up with experienced geologists to explore for new opportunities.

09/02/2024

Industry News

The Ministry of Industry and Construction sends out “letters of happiness” to subsoil users

Gold mining company AltynEx Company was warned of violating contractual obligations regarding investments in exploration and drilling operations.

09/02/2024

Industry News

December auctions for exploration of solid minerals in Kazakhstan: newcomers crowd out sharks

The Ministry of Industry and Construction published the results of bidding for a number of exploration blocks, in a heated competition for which little-known players…

09/02/2024

Companies & Organisations

Kazzinc began to produce more gold

Kazzinc company is actively increasing its gold mining and production.

09/02/2024

Industry News

Aberpergwm: Eco campaigners appeal in bid to stop coal mine

Welsh government ministers could and should have intervened to stop the expansion of the UK's last coal mine, a court has heard.

08/02/2024

Industry News

By 2029, they want to increase mineral resources production in Kazakhstan by 40%

The metals and other minerals mining industry has been tasked with achieving 40% growth by the end of the decade.

08/02/2024

Industry News

By 2029, Kazakhstan plans to increase mineral resources production by 40%

The metals and other minerals mining industry has been tasked with achieving 40% growth by the end of the decade.

08/02/2024

Companies & Organisations

In 2025, two coal faces will be launched at the Abayskaya mine

The Qarmet company plans to open two longwalls at the Abayskaya mine

08/02/2024

Industry News

Black snow in Satpaev is associated with gases from the Kazakhmys Distribution boiler house

Black snow in Satpayev is associated with gases from the boiler house of Kazakhmys Distribution LLP, the agency’s correspondent reports.

08/02/2024

Industry News

In Azerbaijan, UK-based gold mine accused of pollution

The police set up roadblocks and turned back journalists who were not under government control

08/02/2024

Industry News

The Republic of Kazakhstan will continue to support projects for the implementation of IT solutions in production

The Ministry of Industry and Construction (MCC) of the Republic of Kazakhstan is ready to provide companies with various assistance, including financial assistance, the department’s…

06/02/2024

Industry News

Мажилис РК обеспокоен удорожанием угля на внутреннем рынке

Fuel prices on the domestic market of Kazakhstan are constantly rising during the heating seasons, including due to intermediary companies

06/02/2024

Industry News

The Mazhilis of the Republic of Kazakhstan is concerned about the rise in price of coal on the domestic market

Fuel prices on the domestic market of Kazakhstan are constantly rising during the heating seasons, including due to intermediary companies

06/02/2024

Companies & Organisations

The president of Kazakhstan met Meirzhan Yusupov the Chairman of the Board of NAC Kazatomprom

Kassym-Jomart Tokayev heard a report on the results of Kazatomprom’s activities for 2023, as well as on the company’s goals and plans in the short…

06/02/2024

Companies & Organisations

The president of Kazakhstan met the Chairman of the Board of NAC Kazatomprom JSC Meirzhan Yusupov

Kassym-Jomart Tokayev heard a report on the results of Kazatomprom’s activities for 2023, as well as on the company’s goals and plans in the short…

06/02/2024

Industry News

Uranium stocks extend surge after Kazakh miner cuts output

Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce…

05/02/2024

Companies & Organisations

A polymetallic deposit will be developed in the Karaganda region

OralElectroService will resume production at the Uzynzhal polymetallic deposit, located in the Shet district of the Karaganda region.

05/02/2024

Companies & Organisations

Polymetal clarified the timing of the launch of underground mining at the Bakyrchik gold deposit

It will begin in 2035, and preparations for it five years earlier.

05/02/2024

Companies & Organisations

Polymetal transferred Bakyrchik from a mining contract to a license

The subsoil use agreement for the gold deposit in the Abay region expired in July 2023.

02/02/2024

Companies & Organisations

Unmanned dump trucks will be launched at one of the coal mines in Kazakhstan

At the Vostochny coal mine in the city of Ekibastuz, unmanned dump trucks will be tested this year.

02/02/2024

Industry News

Kazakhstan is introducing strategic environmental assessment in the development of plans and programs

In Kazakhstan, on January 1, 2024, the Environmental Code norm on conducting a strategic environmental assessment (SEA) during strategic planning came into force.

01/02/2024

Industry News

Amendments have been made to the Subsoil Code: new rules for subsoil use in Kazakhstan from January 1, 2024

The Code “On Subsoil and Subsoil Use” has been amended to paragraph 6, subparagraph 16) of paragraph 14 of Article 277 and paragraph 10 of…

01/02/2024

Companies & Organisations

Kazakhmys proposed support measures for metallurgists

Investment programs to expand existing metallurgical production and launch new ones should be a priority for Kazakh development institutions.

andrey.b@advantix.co.uk31/01/2024

Companies & Organisations

Qarmet will pay AMT debts to contractors

The accounts payable of ArcelorMittal Temirtau (AMT) to Kazakh entrepreneurs amounts to more than $500 million.

andrey.b@advantix.co.uk31/01/2024

Companies & Organisations

Polymetal enterprises in the Republic of Kazakhstan produced 486 thousand ounces of gold equivalent

In 2023, Polymetal's assets in the Republic of Kazakhstan - Kyzyl and Varvarinskoye - brought in 486 thousand ounces in gold equivalent

andrey.b@advantix.co.uk31/01/2024

Companies & Organisations

Kazakhmys will allocate more than 15.5 billion tenge for the development of the Ulytau region in 2024

The other day, a Memorandum of Understanding and Cooperation was signed between Kazakhmys Corporation and the Akimat of the Ulytau region for 2024

andrey.b@advantix.co.uk30/01/2024

Industry News

The population of the Karaganda region opposed beryllium mining

The project for the development of the Nura-Taldy field, the license for which is held by Ressource PV LLP, was criticized by residents of the…

andrey.b@advantix.co.uk30/01/2024

Policies and Regulation

Central Asia at a crossroads to Breaking China’s Rare Earth Monopoly

U.S. officials hoping to break China's near monopoly on the production of rare earth elements needed for many cutting-edge technologies should engage the governments of…

andrey.b@advantix.co.uk30/01/2024

Companies & Organisations

A new processing plant will be launched at the Maksut copper-nickel deposit

JSC Bast plans to build a processing plant with an annual capacity of 2.5 million tons of ore at the Maksut copper-nickel ore deposit, located…

andrey.b@advantix.co.uk30/01/2024

Industry News

Russia and China maintain grip on Kazakhstan’s uranium supply amid US and EU high reliance on it

Kazakhstan, the world's leading uranium producer, is in a strong position to increase uranium production and exports, especially as the U.S. and Europe seek to…

andrey.b@advantix.co.uk25/01/2024

Industry News

Reserves of titanium magnetite and rare earth metals in the vicinity of the Kyzyl Ompol deposit in Kyrgyzstan are estimated at $300 billion

While the Kyzyl Ompol deposit has the potential to bring significant economic benefits, these must be weighed against the potential costs, including those associated with…

andrey.b@advantix.co.uk25/01/2024

Industry News

Owner of non-ferrous ore: to which countries does Kazakhstan sell titanium and aluminum. Infographics

Supplies abroad declined last year

andrey.b@advantix.co.uk25/01/2024