
Aurora Minerals Group announces a call for speakers and delegates registrations for the 'Kazakhstan Day' session organised on 7 March at PDAC 2023 in Toronto,…
Arthur13/02/2023

Canadian-listed Arras Minerals announced the acquisition of three additional mineral exploration licences in Pavlodar Province, Kazakhstan
Arthur13/02/2023

The purpose of the document is to solve the problems of conservation and rational use of the country's water resources, to ensure a balance between…
Arthur13/02/2023

Investments of Kazakhmys Corporation LLP in the development of the Koksay (Zhetysu region) and Aidarly (Abai region) deposits are estimated at 2.056 trillion tenge (4.42…
Arthur13/02/2023

Mining and metallurgical complex can become the next driver of the economy, said Aibar Dautov, head of the Association of SMEs in MMC Tau-Ken Kazakhstan
Arthur10/02/2023

Cameco's CEO Gitzel said that the Russian invasion of Ukraine a year ago had set in motion a geopolitical realignment in energy markets that highlighted…
Arthur10/02/2023

Metal exporters can convert part of their foreign exchange earnings to pay taxes for 2022
Arthur09/02/2023

Over the past five years, Kazakhstan has increased its gold exports by 16.6%. Kyrgyzstan and Russia were the main buyers of the precious metal last…
Arthur09/02/2023

Polymetal is negotiating with British authorities to keep its London listing in the form of global depositary receipts (GDR) after the company moves to Kazakhstan
Arthur09/02/2023

The agreement on the option to buy natural uranium from the uranium national company was concluded in 2018. It provides an opportunity for Yellow Cake…
Arthur08/02/2023

During the meeting, the parties discussed the content of the Roadmap project, being developed within the framework of the Memorandum of Strategic Partnership in the…
Arthur08/02/2023

On 6 February Kazakh Prime Minister Alikhan Smailov chaired a meeting discussing the draft concepts for the development of the fuel and energy complex and…
Arthur08/02/2023

In December 2022 business activity in the mining industry decreased to 45.9 while the indices for services and manufacturing sectors rose to 52.1 and 51.3…
Arthur06/02/2023

Kazakhmys Corporation claims untrue the "rumours" about the sale of Aidarly deposit to the Russian Copper Company
Arthur06/02/2023

The Committee of Geology of the Ministry of Innovative and Industrial Development and National Geological Service of the Republic Of Kazakhstan, with the support of…
Arthur06/02/2023

Last year, Kazakhstan and China celebrated the 30th anniversary of the establishment of diplomatic relations. The volume of mutual trade during this time increased by…
Arthur05/02/2023

Kazzinc, a Kazakhstan-based company, is planning to install automatic emission monitoring stations at seven industrial sources in Ust-Kamenogorsk in 2023
Arthur03/02/2023

Prime Minister Alikhan Smailov scolded regional akims for being slow to attract capital and foreign direct investment
Arthur03/02/2023

The Water Code legislation is being developed to establish legal foundations, tasks, and principles for the implementation of a unified state policy and regulation of…
Arthur03/02/2023

Eurasian Resources Group started operations in the Kingdom of Saudi Arabia and plans to invest $50 million in exploration in this country in 2023
Arthur03/02/2023

The largest number of projects are planned in the construction industry, the manufacturing industry, mechanical engineering and metallurgy
Arthur03/02/2023

The mining and metallurgical giant Kazzinc, in which the Swiss trader Glencore owns almost 70% of the shares, and the mining state holding Tau-Ken Samruk…
Arthur02/02/2023

Kazakhstan will toughen punishment for subsoil users for disrupting supplies to domestic industries. The Ministry of Industry and Infrastructure Development
Arthur02/02/2023

We invite companies and organizations to attend and have an exceptional opportunity to be featured at the CECC Eurasia Mining Conference and to take part…
Secretariat02/02/2023

The updated geological map of Uzbekistan covering the adjacent territories of neighbouring states (Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan) was compiled for the first time on…
Arthur01/02/2023

Northern Katpar LLP, a subsidiary of Tau-Ken Samruk, plans to construct a mining and processing facility at the Northern Katpar tungsten deposit located in the…
Arthur01/02/2023

Astana is betting heavily on the Middle Corridor as a route to access the international energy market without Russia.=
Arthur31/01/2023

Russian Copper Company (RMC) is planning to invest approximately one billion dollars in the construction of a mining and processing plant and the development of…
Arthur31/01/2023

Kazakhstan is set to host on 19-20 April 2023 in Astana the 13th annual MINEX Kazakhstan Mining and Exploration Forum. The event will focus on…
Arthur31/01/2023

Exhibitors will have the opportunity to showcase their products and services to a targeted audience, positioning themselves as leaders in the industry on a successful…
Arthur31/01/2023

Kazakhstan is set to host the second annual “Mining Goes Digital Kazakhstan” conference, which will focus on the digital transformation of the country’s mining industry.…
Arthur31/01/2023

Kazakhstan’s second MineDigital competition for the digital transformation of mining and metallurgical enterprises is set to showcase the most significant projects and technologies for the…
Arthur31/01/2023

This FREE service covers information on auctions and investment projects, changes in state policy regarding mineral resources, updates from leading mining companies, trends and events…
Secretariat31/01/2023

MINEX Kazakhstan offers ample opportunities for the presentation and discussion of important trends, initiatives, and technological advances in the Mining and Geological sectors in Kazakhstan…
Arthur31/01/2023

We should not be afraid of the "resource curse," Raimbek Batalov, chairman of the presidium of the Atameken National Chamber of Entrepreneurs, believes.
Arthur30/01/2023

Sarytogan Graphite Ltd (ASX:SGA) has welcomed positive final results from its 2022 drilling campaign at Sarytogan Graphite Deposit in central Kazakhstan
Arthur30/01/2023

Ferro-Alloy Resources Ltd (LSE:FAR), the vanadium producer and developer of the Balasausqandiq deposit in Southern Kazakhstan, said it expects to be ‘operationally profitable’ this year
Arthur30/01/2023

Prime Minister Alikhan Smailov wants to attract at least $24.4 billion of foreign investment to the national economy in 2023
Arthur30/01/2023

Eight private companies are working to discover polymetals, titanium and zirconium, gold, tungsten, and common minerals in the area
Arthur28/01/2023

Astana hosted the 18th meeting of the intergovernmental commission on trade, economic, scientific, technical and cultural cooperation between Kazakhstan and Iran
Arthur28/01/2023

Kazakhstan is continuing discussions with French company EDF including proposals for an EPR-1200 reactor, the Kazakh Ministry of Energy has confirmed. EDF is one of…
Arthur28/01/2023

Kazakhstan's Kazatomprom (LSE: KAP), the world's largest uranium producer, announced that the company produced 11,373 tonnes of uranium (as U3O8) in 2022 on an attributable…
Arthur28/01/2023
The Kazakh delegation held meetings with several Canadian mining companies to discuss the possibility of developing business cooperation
Arthur28/01/2023

The head of gold mining company Polymetal, Vitaly Nesis, has presented a project to investors for the construction of a hydrometallurgical plant in the Pavlodar…
Arthur28/01/2023

The Eastern Research Mining and Metallurgical Institute of Nonferrous Metals of the Republic of Kazakhstan has developed enrichment schemes for obtaining copper concentrates for the…
Arthur27/01/2023

Overall, the company saw a 2% increase in precious metal production on Russian and Kazakhstani assets, totaling 1,450 thousand ounces
Arthur27/01/2023

The Government of the Republic of Kazakhstan has taken a vague stance on the issue of opening the terms of contracts and Production Sharing Agreements…
Arthur26/01/2023

The activities of state bodies in the distribution of mineral deposits in Kazakhstan are not always built in compliance with the law.
Arthur26/01/2023

The program for the sale and repurchase of measured refined gold bars for the population was launched by the National Bank in 2017. In total,…
Arthur26/01/2023

Forbes Kazakhstan in January traditionally collected forecast data from international analytical institutes on the main export goods of the Republic of Kazakhstan for the coming…
Arthur26/01/2023

Starting next year, mining companies in Kazakhstan will pay more taxes. Legislative amendments were adopted in Kazakhstan, according to which, starting from 2023, it is…
Secretariat26/01/2023

Any investor (local or foreign) treats the stability of the state tax policy as a level indicator of the favourable investment climate. All countries have…
Secretariat26/01/2023

Despite this, the recent years’ experience has exposed a number of legal and enforcement issues that create significant risks for investment in the exploration of…
Secretariat26/01/2023

Scientists from Kazakh and British research institutions are setting up an institute in Almaty to facilitate a new era of research and energy innovation while…
Arthur25/01/2023

East Star Resources identified a substantial #copper #lead #zinc deposit in one of the world’s largest VMS provinces, showing high-grade mineralisation.
Arthur25/01/2023

The company reported strong fourth-quarter results and said it is considering changing its legal registration from Jersey to Kazakhstan
Arthur25/01/2023

The leadership of the association shared the results of the year with the President of the Republic of Kazakhstan Kassym-Jomart Tokayev, who visited the Sokolov…
Arthur25/01/2023

A new way of designing parameters has been successfully tested in the construction quarries of the country
Arthur24/01/2023

Minister of Industry and Infrastructure Development Marat Karabaev met with the President of the Russian Copper Company Vsevolod Levin.
Arthur24/01/2023

The President of Kazakhstan, Kassym-Jomart Tokayev, visited the ERG Group's Sokolovsko-Sarbai Mining and Processing Production Association (SSGPO)
Arthur24/01/2023
[vc_section][vc_row][vc_column][distance desktop_type="30"][lvs][distance desktop_type="30"][vc_btn title="Source - primeminister.kz" color="sky" i_type="material" i_icon_material="vc-material vc-material-perm_device_information" add_icon="true" link="url:https%3A%2F%2Fprimeminister.kz%2Fen%2Fnews%2Fproposals-to-improve-investment-climate-considered-by-government-120844|target:_blank"][distance desktop_type="30"][vc_column_text]Minister of National Economy Alibek Kuantyrov said that by the end of 2022 the volume of investments in fixed assets amounted to about 15 trillion tenge representing about 94% of the plan. Although investors often take a wait-and-see attitude because of the current external economic situation, a gradual recovery of investment activity has been seen, he said. At the same time, foreign direct investment in the country's non-resource sector is growing.
In order to further improve the investment climate, it is proposed to implement a number of comprehensive measures. In particular, to reduce the time for approval of applications for state support by investors and reduce the threshold amount of investment for obtaining state support measures.
In general, Prime Minister supported these approaches, noting the need to thoroughly elaborate a list of priority activities to be provided with preferences and to take into account all regional features in the approval of new rules.
The participants of the meeting also discussed the improvement of the mechanism of signing the Agreement on Investments, the implementation of the investment rating of the regions and the elaboration of a separate normative act for investors, which will allow boosting the implementation of the state support measures provided for in the existing laws and codes.
At the end of the meeting, the Prime Minister instructed to work out additional proposals to improve the investment climate in the country. He stressed that the main emphasis should be placed on measures to ensure the rule of law by reducing the pressure on business by law enforcement and regulatory authorities.
"We need to revise the Criminal Procedure Code in order to remove unnecessary grounds and unjustified reasons for initiating criminal proceedings against businesses. The Justice Ministry has already been instructed to do this, but this work needs to be strengthened and a comprehensive approach to this issue must be taken. We need to take a deeper look at what entrepreneurs are facing in practice and develop effective measures that will bring quick, concrete results," Smailov said.
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Beskauga is situated 130 km west of KAZ Minerals’ Bozshakol porphyry-copper-gold mine, one of the country’s largest.
Arthur24/01/2023

Kazatomprom is the largest uranium producer or about 24% of the total global primary uranium production in 2021
Arthur24/01/2023

The new museum was created with the support of the Aksu Ferroalloy Plant, a branch of TNC Kazchrome JSC, which is part of ERG. The…
Arthur24/01/2023

The Government of the Republic of Kazakhstan has adopted a Comprehensive Plan for the Social and Economic Development of the Abai Region for 2023-2027, which…
Arthur24/01/2023

The removal of covid restrictions, coupled with rising prices for oil and metals, has become a key driver for the economy, which has led to…
Arthur23/01/2023

Kazakhstan ratified an agreement with Switzerland on the recognition of samples on articles made of precious metals
Arthur23/01/2023

The production of raw gold in Kazakhstan has approached 130 tons, of which 73.2 tons of the precious metal have been refined.
Arthur23/01/2023

The situation in Ukraine and a recent spike in US-China tensions have increased Western interest in the development of rare earths in alternative jurisdictions, particularly…
Arthur20/01/2023

The mining sector will need to get over its reticence to operate in jurisdictions with high-risk profiles in order to achieve the growth required for…
Arthur20/01/2023

The Karaganda Foundry and Machine-Building Plant (KLMZ) was chosen as a pilot site for the global digitalization of the enterprises of the Kazakhmys holding
Arthur20/01/2023

National ESG Club established in July 2022, brings together companies that are leaders in ESG transformation in their industries.
Arthur20/01/2023

33.4 billion tenge would be needed to hold elections to the Majilis and maslikhats of all levels within this budget.
Arthur20/01/2023

The project provides for the construction of a gold recovery plant (GIF) on the West-Khazretskaya area (location - Kostanay region, Zhitikarinsky district). During the development…
Secretariat20/01/2023

The city of Saran in the Karaganda region has been used as an example, as it has moved away from mono-directionality and created various household…
Arthur19/01/2023

Prime Minister Alikhan Smailov of Kazakhstan has instructed the Ministry of Industry and Infrastructure Development to take measures to curb illegal mining in the country.
Arthur19/01/2023

Kazakhstan is the first country in Central Asia that has adopted a long-term strategy to achieve carbon neutrality. This strategy defines the best ways to…
Arthur19/01/2023

As a result of geological exploration at the expense of subsoil users, 13 fields were added to the state register in Kazakhstan in 2022. Among…
Arthur19/01/2023

The economies of Kazakhstan and Russia are similar as both depend on the sale of minerals.
Arthur19/01/2023

The gold mining company RG Gold, which develops the Raygorodok deposit in the Akmola region, plans to expand the tailing dump to a volume of…
Arthur19/01/2023

The Head of State, by Decree dated January 19, 2023, dissolved the Mazhilis of the Parliament of the Republic of Kazakhstan, and also appointed extraordinary…
Arthur19/01/2023

The depletion of profitable mineral reserves and increased competition between countries for the possession of mineral resources threaten Kazakhstan
Arthur18/01/2023

Kazakhstan wants to establish mandatory requirements for the provision of raw materials, the press service of the Ministry of Industry and Infrastructure Development reports.
Arthur18/01/2023

Parliament has approved the deprivation of ex-president Nursultan Nazarbayev of a special status
Arthur18/01/2023

Prime Minister Alikhan Smailov set priority tasks for the Ministry of Industry and Infrastructure Development for the coming period during a meeting of the Board…
Arthur18/01/2023