News - Page 5 of 11 - MINEX Central Asia 2024

Solidcore Resources Extends $96 Million Loan to Bai Tau Minerals for Copper and Gold Exploration in Kazakhstan

Solidcore Resources extends a $96 million loan to Bai Tau Minerals, advancing copper and gold exploration in Kazakhstan.

26/11/2024

Solidcore Resources Announces Strategic Exploration Partnership with Bai Tau Minerals

The US$96 million loan, secured by a pledge of interest in BTM and its subsidiaries, will fund exploration activities.

24/11/2024

Tajikistan Backs “Green Corridor” Initiative, Eyes Enhanced Regional Cooperation

Tajikistan supports the "green corridor" initiative, aiming to boost regional energy and mineral cooperation

23/11/2024

Kazakhstan Secures $370 Million in Hungarian Investments

Kazakhstan has drawn $370 million in Hungarian investments since 2005, with new agreements strengthening bilateral ties.

21/11/2024

Miscellaneous

Canadian Company to Search for Copper and Gold in Pavlodar Region in Kazakhstan

Arras holds the third-largest copper and gold mining licence portfolio in Kazakhstan after Rio Tinto and Fortescue.

21/11/2024

Miscellaneous

Kazatomprom Expands Uranium Exploration with New License

Kazatomprom expands its uranium exploration with a new license for the Severnoye block, boasting significant reserves.

19/11/2024

Miscellaneous

Tascara Resumes Precious Metal Mining in East Kazakhstan

Tascara LLP revives mining at its East Kazakhstan deposit, aiming for sustainable development with a new extraction plan.

18/11/2024

Miscellaneous

Erdene Resource Development Corp. Reports Q3 2024 Results

Peter Akerley, Erdene’s President and CEO stated, “The third quarter of 2024 was another productive period for Erdene as we made significant progress on the…

17/11/2024

Miscellaneous

Orano Mining and Kazatomprom to Launch Uranium Processing Complex in Kazakhstan

This project represents a key development in Kazakhstan’s expanding uranium industry and highlights the country's growing role in the global nuclear fuel market.

17/11/2024

Kumtor’s Net Profit Surpasses $1.77 Billion in Under 3 Years Since State Takeover

Over the past 27 years, Kumtor produced 400 tons of gold but only contributed $100 million in dividends.

17/11/2024

Albemarle CEO: Western Lithium Supply Chain ‘Economically Unfeasible’ Amid Price Drop”

Albemarle’s Kent Masters says economics do not support pivot away from Asia on commodities in EV supply chains.

17/11/2024

Miscellaneous

KAZ Minerals Launches New Environmental Initiative for 2024-2026

KAZ Minerals is set to plant 40,000 trees and shrubs near the Bozshakol deposit by 2026 to boost biodiversity and reduce environmental impact.

15/11/2024

Miscellaneous

Ak Metal to Launch Iron Ore Mining Project in East Kazakhstan

Ak Metal plans to begin iron ore mining at the Kuzinskoye deposit in 2025, signaling significant growth for the company.

15/11/2024

World Leaders at COP29 Advocate for Nuclear Power as Key to Global Climate Goals

World leaders at COP29 endorse nuclear power as essential to achieving climate goals.

14/11/2024

Saudi Arabia’s Ambitious Mineral Strategy: A Questionable Partner for Europe?

Targeted, selective cooperation with Saudi Arabia, supported by European companies and institutions, could help align the Kingdom's practices with international best practices and foster a…

13/11/2024

Miscellaneous

France’s Orano calls for more incentives to end Russia reliance

Orano is expanding its enrichment facility in France, aiming to produce by 2028

07/11/2024

Kyrgyzstan Paves New Path in Mining Sector with Focus on Critical Raw Materials

Kyrgyzstan shifts its mining focus to critical raw materials amid rising global demand.

06/11/2024

India and Kazakhstan Establish Joint Venture to Strengthen Titanium Production

ndia and Kazakhstan launch a joint venture to advance India's titanium production capabilities.

06/11/2024

Miscellaneous

Solidcore Resources Acquires 55% Stake in Kazakhstan’s Only Tin Deposit

Solidcore Resources secures 55% of Kazakhstan’s sole tin deposit, Syrmbet, with a strategic $82.5 million investment.

05/11/2024

Western Dependence on Russian Nuclear Fuel Faces Increased Scrutiny

Western reliance on Russian nuclear fuel raises calls for incentives and sanctions to boost alternative investments.

05/11/2024

Uzbekistan Partners with Tethys for Strategic Mining and Technology Development

Uzbekistan teams up with Tethys for sustainable, tech-driven mining projects to boost industrial capacity.

04/11/2024

Kazakhstan: A Strategic Partner for Europe’s Green Transition and Rare Earth Supply Chain

Kazakhstan emerges as a vital ally for Europe's green transition, offering abundant critical minerals and a secure supply chain.

04/11/2024

Kazakhstan’s Role in Global Metal Markets: A Leading Producer of Copper and Aerospace Titanium

Kazakhstan asserts itself as a global leader in copper and aerospace titanium, attracting significant international interest.

04/11/2024

C29 Metals Signs MOU with Volkov Geology to Advance Uranium Exploration in Kazakhstan

The Ulytau Uranium Project is located in the Almaty Region of Southern Kazakhstan approximately 15 km southwest of the Bota-Burum mine, one of the largest…

31/10/2024

Miscellaneous

Navoi Mining and Metallurgical Company Debuts $1 Billion Eurobonds, Signifying Uzbekistan’s Economic Transformation

Navoi Mining's debut Eurobonds underscore Uzbekistan’s economic transformation, enhancing transparency and sustainability in the mining sector.

29/10/2024

UK Budget to Support Critical Mineral Imports to Strengthen Industry and Reduce Reliance on China

New UK budget provisions will fund critical mineral imports, focusing on self-sufficiency and industry growth.

29/10/2024

Mining Faces an Uncertain Future Against AI, Experts Warn

Mining must embrace AI to stay competitive amid rising digital transformation.

29/10/2024

Miscellaneous

Fitch Upgrades NMMC’s Credit Profile to ‘bb+’ and Assigns ‘BB-’ Rating to $1 Billion Notes Offering

Fitch Ratings assigns a ‘BB-’ rating to NMMC’s $1 billion notes offering, marking a key step in its growth strategy.

21/10/2024

Turkey and China Sign MOU to Boost Cooperation in Mining and Critical Minerals

Turkey and China have signed an MOU to strengthen cooperation in mining, with a focus on critical minerals.

21/10/2024

Miscellaneous

Kazatomprom Signs Major Uranium Sale Agreement with China

Kazatomprom signs a major uranium sale deal with China, representing over 50% of its total assets' value.

16/10/2024

Miscellaneous

NMMC Celebrates Historic Eurobond Issuance with London Stock Exchange Closing Bell

Navoi Mining and Metallurgical Company (NMMC) made its debut in the global capital markets with a groundbreaking US$1 billion dual-tranche Eurobond issuance.

14/10/2024

Title: Global Copper Production Costs See Significant Regional Variations in 2023

Copper production costs in 2023 highlight stark regional differences, with Kazakhstan and Peru emerging as cost leaders.

10/10/2024

Miscellaneous

UK Export Finance Supports First Deal in Uzbekistan with €12.6 Million Loan Guarantee for Almalyk Mining

UK Export Finance guarantees its first €12.6 million loan in Uzbekistan, supporting machinery exports for Almalyk Mining.

09/10/2024

Miscellaneous

Mongolia’s Long-Delayed Uranium Project by Orano Could Begin Production by 2030

Mongolia’s multi-billion dollar uranium project with Orano could begin producing by 2030, pending parliamentary approval.

07/10/2024

Kyrgyzstan Begins Development of Major Titanomagnetite Deposit

The Kyzyl-Ompol deposit contains millions of tons of titanomagnetite.

02/10/2024

Miscellaneous

Mawson Finland Announces Positive Drill Results in Raja and Joki Zones

Mawson Finland reports successful drilling results extending gold-cobalt mineralization at the Raja and Joki zones.

02/10/2024

Miscellaneous

Erdene Provides Update on Bayan Khundii Gold Project and Announces Drill Results

Erdene confirms high-grade drilling results and provides an update on Bayan Khundii Gold Project.

02/10/2024

Miscellaneous

Anglo Asian Mining Unveils JORC-Compliant Resource Estimate for Garadag Copper Deposit

Anglo Asian Mining announces a major copper resource estimate for its Garadag deposit.

26/09/2024

Kazakhstan Launches Lithium Recovery Facility Through Battery Recycling

Kazakhstan has started recycling lithium-ion batteries to recover lithium and other valuable metals.

23/09/2024

Surge in Chinese Companies Registered in Kazakhstan Marks Record Growth

The number of Chinese companies registered in Kazakhstan grew by 3.3% in August, marking the highest increase since 2022.

20/09/2024

Kyrgyz President Calls for Enhanced Climate Cooperation at Central Asia-Germany Summit

Kyrgyz President Sadyr Japarov called for stronger climate cooperation and suggested exchanging public debt for green projects.

20/09/2024

Development of Urmezan-3 Coal Deposit Underway in Batken Region

The Urmezan-3 coal deposit development aims to provide affordable coal to the local community.

19/09/2024

United States and Uzbekistan Sign MOU to Strengthen Cooperation on Critical Minerals

The United States and Uzbekistan have signed an MOU to boost cooperation on critical minerals, supporting both clean energy and economic growth.

18/09/2024

Uzbekistan and Germany Strengthen Cooperation on Critical Mineral Resources and Industrial Projects

Uzbekistan and Germany have discussed enhancing cooperation in critical minerals and industrial projects.

17/09/2024

New Precious Metal Deposit to Be Developed in Ulytau Region

Komkon LLP is set to develop a new precious metal deposit in the Ulytau Region under the Symtas Project.

17/09/2024

Miscellaneous

Sibanye-Stillwater Explores New Caledonia’s Prony Resources for Nickel Supply

Sibanye-Stillwater is studying New Caledonia's Prony Resources as a potential nickel supplier for its Sandouville battery production.

17/09/2024

Western Nations Urged to Sever Ties with Russia’s Nuclear Giant Rosatom

Continued business with Rosatom jeopardizes both energy security and global efforts to counter Russia's aggression.

16/09/2024

Miscellaneous

Mining Company “Sary Arka” to Launch New Metal Extraction Project Next Year

Sary Arka is set to launch a major metal extraction project at Bugetkol next year.

16/09/2024

UN Expert Panel Issues Guidelines for Just and Equitable Energy Transition

UN panel outlines guidelines for a just and equitable energy transition.

13/09/2024

Miscellaneous

Kaz Critical Minerals Completes Successful Drilling Program in East Kazakhstan

Kaz Critical Minerals advances its critical minerals exploration in East Kazakhstan with promising results.

12/09/2024

Putin Suggests Limiting Exports of Uranium, Titanium, and Nickel in Response to Western Sanctions

Putin considers restricting Russia's exports of uranium, titanium, and nickel as retaliation against the West.

11/09/2024

National Atomic Company Granted License for Mineral Exploration at Budenovskoye Deposit

Kazatomprom secures a license for uranium exploration at Budenovskoye Site No. 5.

11/09/2024

Miscellaneous

KAZ Minerals Extends Artemyevsky Mine Operations Until 2034

KAZ Minerals extends Artemyevsky Mine operations until 2034, investing $500 million in the second phase.

10/09/2024

Miscellaneous

BHP Orders Three More Continuous Mining Systems for Jansen Potash Project’s Second Phase

BHP extends its partnership with Sandvik by ordering three additional continuous mining systems for Jansen’s second phase.

09/09/2024

Vokshod Chrome Fined Over 2.9 Billion Tenge for Environmental Violations

Vokshod Chrome fined 2.9 billion tenge for failing to obtain an environmental permit in 2022.

09/09/2024

Miscellaneous

Qazaq Kaolin to Launch New Plant at Alekseevskoye Kaolin Deposit in 2026

Qazaq Kaolin to revive operations at Alekseevskoye kaolin deposit with a new plant set to open in 2026.

09/09/2024

Miscellaneous

NMMC Secures $150 Million Loan from Japan’s MUFG for Expansion Plans

NMMC secures $150 million loan from Japan’s MUFG to fuel expansion and increase gold production.

05/09/2024

Kazakhstan and South Korea to Establish High-Tech Materials Research Center for Rare Metals

Kazakhstan and South Korea are launching a $10 million project to develop high-tech materials based on rare metals.

03/09/2024

Miscellaneous

Tarutinskoye Company to Begin Copper Ore Mining in Kostanay Region by 2028

Tarutinskoye Company plans to start copper ore mining in Kazakhstan's Kostanay Region by 2028.

03/09/2024

Startups Innovate Direct Lithium Extraction to Meet Rising Demand and Enhance Sustainability

Startups are advancing Direct Lithium Extraction technologies to meet the rising demand for lithium while promoting environmental sustainability.

30/08/2024

Kazakhstan Extends Metal Scrap Export Ban to All Transport Types

Kazakhstan extends the ban on metal scrap exports to include all transport types, aiming to support local metallurgy.

30/08/2024

Miscellaneous

North American Uranium Stocks Surge Following Kazatomprom’s Disappointing Production Outlook

North American uranium stocks surge after Kazatomprom's production guidance falls short.

27/08/2024

Miscellaneous

Navoi Mining and Metallurgical Combine Implements Bacterial Leaching Technology to Extract More Uranium

NMMC and scientists introduce bacterial leaching to boost uranium extraction from depleted blocks.

27/08/2024

Coal Production in Kazakhstan Drops by 7.8% in First Seven Months of 2024

Kazakhstan's coal production decreased by 7.8% in the first seven months of 2024, with significant drops in both bituminous coal and lignite output.

20/08/2024

Miscellaneous

KazNickel to Begin Cobalt and Nickel Extraction at Gornostayevskoye Deposit

KazNickel announces plans to begin cobalt and nickel mining at the Gornostayevskoye deposit by 2026.

20/08/2024

Kazakhstan’s Finance Ministry Proposes Export Duties on Key Mineral Resources to Reduce Budget Deficit

Kazakhstan considers new export duties on key minerals to address its growing budget deficit.

19/08/2024

EBRD Makes First Direct Investment in Central Asia’s Graphite Sector

EBRD invests AUD 5 million in Sarytogan Graphite, marking its first direct equity investment in Central Asia's graphite sector.

16/08/2024

Miscellaneous

Zijin Mining Group Discusses Major Mining Projects in Kazakhstan

Zijin Mining Group plans to invest $100 million in Kazakhstan's mining sector, creating over 1,000 jobs.

16/08/2024

Qarmet to Invest $1.48 Billion in Iron Ore and Coal Projects by 2025

Over the next few years, the company plans to invest $1.48 billion in its iron ore and coal departments. Of this amount, $500 million will…

15/08/2024

Miscellaneous

Altynalmas Begins New Gold Mining Project at Bakhtai Deposit in Kazakhstan

Altynalmas JSC begins work on the Bakhtai gold deposit in Kazakhstan's Karaganda region.

13/08/2024

Miscellaneous

Adriatic Metals CEO Paul Cronin Resigns, Laura Tyler Appointed as Interim Leader

Adriatic Metals CEO Paul Cronin resigns, with Laura Tyler stepping in as interim CEO.

13/08/2024

Kazakhstan Plans to Boost Investment in Geological Exploration by 2029

Kazakhstan seeks to increase investment in geological exploration to $90 per square meter by 2029, addressing key mineral shortages.

12/08/2024

Kazakhstan to Boost Investments in Mineral Exploration by 2029

Kazakhstan plans to increase investment in geological exploration to $90 per square meter by 2029 to boost its mining sector.

08/08/2024

Miscellaneous

Glencore Fined $152 Million by Swiss Authorities for Bribery Case in Congo

Glencore has been fined $152 million by Swiss authorities for failing to prevent a business partner from bribing a Congolese official.

07/08/2024

Miscellaneous

Kazakh Company KazZinc Unveils Mining Plan for Novo-Leninogorsk Barite-Polymetallic Deposit

KazZinc has unveiled its mining plan for the Novo-Leninogorsk Barite-Polymetallic Deposit in East Kazakhstan.

06/08/2024

Miscellaneous

C29 Metals Secures Southern Tenement at Ulytau Uranium Project in Kazakhstan

C29 Metals has secured the southern tenement at the Ulytau Uranium Project in Kazakhstan.

06/08/2024

Miscellaneous

Kazatomprom Raises 2024 Uranium Production Guidance After Strong First Half

Kazatomprom has raised its 2024 uranium production guidance after a strong first half performance.

02/08/2024

Kazakhstan Issues 333 Licenses for Solid Minerals in 2024

From January to July 2024, Kazakhstan issued 333 licenses for solid minerals, with only 13 for extraction.

02/08/2024

Miscellaneous

C29 Metals Seeks New Exploration Licenses in Kazakhstan

C29 Metals Limited has applied for new exploration licenses in Kazakhstan, targeting areas rich in uranium oxide.

01/08/2024

Shalkiya Polymetallic Deposit to Launch by Late 2026

The Shalkiya polymetallic deposit in Kazakhstan is set to start operations by late 2026, with plans for a large beneficiation plant.

31/07/2024

Miscellaneous

Cove Capital Explores Rare Earth Metals in Kazakhstan’s Kostanay Region

Cove Capital explores rare earth metals in Kazakhstan, focusing on high-demand elements like neodymium and dysprosium.

29/07/2024

Almalyk Mining and Metallurgical Complex Begins Granulated Production of Gold, Silver, and Copper

AGMK begins granulated production of gold, silver, and copper, enhancing quality and reducing costs in various industries.

29/07/2024

Kazatomprom Begins Geological Exploration at the Eastern Section of Zhalpak Deposit

Kazatomprom will begin geological exploration at the Eastern section of the Zhalpak deposit to refine uranium reserves.

27/07/2024

U.S. Economic Security Hinges on Strategic Minerals from Central Asia and Beyond

U.S. economic security relies on strategic minerals from Central Asia, the Caucasus, and Ukraine.

26/07/2024

Miscellaneous

Kaz Critical Minerals Expands Exploration in East Kazakhstan with New Licenses and Partnerships

Kaz Critical Minerals expands exploration with new licenses and partnerships in East Kazakhstan.

26/07/2024

Kazakhstan’s Ambitious Industrial Expansion: 180 New Projects Set for 2024

Kazakhstan plans 180 projects by 2024, investing 1.4 trillion tenge and creating 17,400 jobs.

26/07/2024

“Samruk-Kazyna” Reports Record Revenue Amid Shifts in Investment Strategy

Samruk-Kazyna's 2023 record revenue highlights strategic shifts and increased government interaction.

25/07/2024

Kazakhstan and Bulgaria Strengthen Educational Ties in Mining and Geology

Kazakhstan and Bulgaria are enhancing educational ties in mining and geology through academic mobility and collaboration.

25/07/2024

Miscellaneous

The Kazakhstan-American joint venture will engage in the exploration of rare and rare earth elements

A joint venture (JV) agreement was signed today between Dauren Abuov, acting CEO of JSC "Kazgeology", and Pini Althaus, CEO of Cove Kaz Capital Group…

24/07/2024

U.S.-Kazakhstan Strategic Energy Dialogue Concludes Successfully

The U.S. Department of State and Department of Energy, in coordination with Kazakhstan’s Ministry of Foreign Affairs and Ministry of Energy, held the U.S.-Kazakhstan Strategic…

24/07/2024

World’s Largest Gold Consumers Struggle to Meet Demand with Mined Production

The world's top gold consumers, including India, China, and Turkey, are struggling to meet their gold demand through mined production.

24/07/2024

The U.S. Cobalt Mine Struggles Amidst Chinese Market Dominance

The U.S. cobalt mine in Idaho remains idle due to low prices influenced by Chinese market dominance.

24/07/2024

Miscellaneous

Kutmor Gold Company, Kyrgyz Republic

One of the key visits organised during MINEX Central Asia Forum was to the Kumtor Gold Mine, located approximately 350 kilometres from Bishkek.

24/07/2024

Miscellaneous

Stewart Assay And Environmental Laboratory, Kyrgyz Republic

MINEX Central Asia 2024 Forum attendees had the opportunity to visit Stewart Assay and Environmental Laboratories, one of the leading analytical laboratories in Central Asia.…

24/07/2024

Miscellaneous