News - Page 8 of 12 - MINEX Central Asia 2024

Kazakhstan’s Colorful Metallurgical Industry Set for Expansion

Kazakhstan's metallurgical industry prepares for significant expansion, with multiple projects set to boost production and create employment opportunities.

03/04/2024

Kazatomprom’s Resilience Amid Geopolitical Tensions: A Look at Uranium Supply Dynamics

Despite geopolitical unrest, Kazatomprom sustains its leadership as a reliable supplier of uranium, emphasizing resilience amid evolving sanctions regimes and market dynamics.

03/04/2024

Kyrgyz Ministry of Ecology Stresses Compliance with Mining Legislation

Kyrgyz Ministry of Ecology emphasizes adherence to mining legislation to curb unauthorized subsoil license transfers.

03/04/2024

China’s Strategic Dance: Unveiling the Depths of Sino-Kazakh Economic Cooperation

China and Kazakhstan's economic partnership unveils a complex interplay beyond conventional Belt and Road narratives.

03/04/2024

Miscellaneous

Kazzinc Declines to Classify Buhtarminskaya Hydropower Plant’s Generation as Renewable

The rationale behind this decision is based on the fact that the hydroelectric station utilises water resources, which are subject to regulation and cannot be…

01/04/2024

Miscellaneous

Qarmet Unveils Digital Mine Management System (DMMS) for Enhanced Safety and Efficiency in Coal Mines

Qarmet's alliance with AG TECH, a leading purveyor of innovative software solutions, paved the way for the development and deployment of DMMS.

01/04/2024

Central Asia emerges as key player in global contest for critical resources

The geopolitical landscape is evolving in Central Asia, with major global players such as Western countries and China increasingly vying for access to critical resources.

01/04/2024

Kazatomprom and Cameco launch new project in Kazakhstan

A joint venture by Kazatomprom and Cameco to launch a new project

01/04/2024

Kazakhstan Boosting Supply of Natural Uranium to American Energy Companies

Kazakhstan aims to bolster the supply of natural uranium to American energy companies, reinforcing its position as a major global uranium producer.

29/03/2024

Kazakhstan’s President Emphasizes Potential of Rare Earth Minerals Mining

Kazakhstan's President highlights the importance of rare earth minerals mining for technological advancement and strategic sectors, emphasizing collaboration with international partners.

29/03/2024

Experts Assess Future of US Relations with Central Asian Countries

Experts foresee an expansion of US cooperation with Central Asian countries across political, economic, and security domains, aiming to bolster mutual ties and foster economic…

29/03/2024

llegal Gold Trafficking Cases in Kazakhstan Result in Over 1.5 Billion Tenge Loss

Illegal gold trafficking cases in Kazakhstan have led to a loss exceeding 1.5 billion Tenge, with seven criminal investigations conducted between 2020 and 2023.

29/03/2024

Miscellaneous

Kazakhstan Cancels Planned Tariff Increase for Rail Transportation of Certain Goods

Kazakhstan cancels planned tariff increase for rail transportation of certain goods.

28/03/2024

Minister Clarifies Funding Source for Qarmet Acquisition Amidst Speculation

Minister clarifies funding source for Qarmet acquisition amidst speculation.

28/03/2024

Central Asia Metals Releases Full-Year Results for 2023, Despite Economic Challenges

Central Asia Metals releases full-year results for 2023, showcasing resilience amidst economic challenges.

28/03/2024

President of Uzbekistan Reviews Copper Mining and Processing Project in Collaboration with China

President of Uzbekistan reviews copper mining and processing project in collaboration with China.

28/03/2024

Coal Production Decline in Kazakhstan’s Deposits in February 2024

Coal production in Kazakhstan's deposits decreased in February 2024, reflecting a broader trend in the coal industry.

26/03/2024

Kazakhstan’s Iron Ore Production Surges in February 2024

Kazakhstan's iron ore production witnessed a significant surge in February 2024, reflecting positive trends in the country's mining sector.

26/03/2024

Central Asia Metals Makes Conditional Investment in Aberdeen Minerals

Central Asia Metals' investment in Aberdeen Minerals underscores the growing interest in UK's raw battery materials exploration, bolstering the nation's mining prospects amidst the green…

26/03/2024

Kazatomprom Forecasts Uranium Supply Deficit Amid Growing Global Demand

Amidst rising global demand for nuclear energy, Kazatomprom predicts a future uranium supply deficit, highlighting the need for new market entrants to meet growing needs.

25/03/2024

Revised Agreement for Gold and Silver Sale Approved by Kyrgyz Government

The Kyrgyz government, led by Prime Minister Akylbek Japarov, has approved a resolution endorsing a revised agreement for the sale of gold and silver, aiming…

25/03/2024

Kyrgyzaltyn Announces First Gold Delivery to International Market in April

Kyrgyzaltyn is set to deliver its first batch of gold to the international market in April, emphasizing transparency and domestic investment.

25/03/2024

Conference Explores Business Opportunities in Armenia’s Mining Sector

Armen Stepanyan underscores the importance of addressing challenges in Armenia's mining sector through active engagement and knowledge sharing.

25/03/2024

Uzbekistan Mulls Collaboration with China Nuclear Uranium for Black Shale Uranium Mining

Uzbekistan mulls collaboration with China Nuclear Uranium for black shale uranium mining.

22/03/2024

Miscellaneous

Kazatomprom, the National Atomic Company of Kazakhstan, disclosed its consolidated financial outcomes for the year 2023

n a year marked by profound shifts in the global energy landscape and escalating geopolitical tensions, National Atomic Company “Kazatomprom” JSC (“Kazatomprom” or “the Company”)…

22/03/2024

Two mineral deposits will be developed in the Karaganda region in Kazakhstan

According to the district akimat, their commissioning is planned for this year.

22/03/2024

Gold accounts for more than a third of Uzbekistan’s export revenues

In the first two months of 2024, Uzbekistan sold products abroad totalling over 3.631 billion USD.

22/03/2024

Investments totaling $169 million USD flowed into Kyrgyzstan’s mining sector during the year 2023

169 million USD were invested in mining in Kyrgystan in 2023

22/03/2024

The Republic of Kazakhstan intends to exclude machinery and metallurgy industry goods from the national procurement

According to the document, foreign companies will be barred from participating in Kazakhstan's procurement of machinery, metallurgical products, and several other sectors for a period…

22/03/2024

Kazakhstan discloses volume of manufacturing production

The growth was achieved through investments in the production of other vehicles by 7 times, clothing by 5.6 times, furniture by 4 times, and in…

21/03/2024

Miscellaneous

Balhash and Eastern Regions to Undergo Aerogeophysical Mapping for Metal Exploration

Investors are expected to be more inclined to invest in Kazakhstan's geological exploration, armed with geological data obtained through aero-geophysics.

21/03/2024

Miscellaneous

Centerra Gold Ensures Measures to Protect Shareholder Rights Amid Kumtor Mine Seizure

Centerra Gold undertakes measures to protect shareholder rights amidst Kyrgyzstan's seizure of the Kumtor gold mine, the country's largest industrial enterprise.

21/03/2024

East Star Resources PLC Secures Second Copper Porphyry Exploration License in Kazakhstan

East Star Resources PLC secures its second copper porphyry exploration license in Kazakhstan, signaling significant progress in its expansion endeavors.

21/03/2024

Miscellaneous

Kazakhstan Addresses Concerns Over Geological Exploration Funding

Kazakhstan grapples with funding shortages in geological exploration as experts call for strategic financial reevaluation.

21/03/2024

Kazakhstan to Utilize Aerogeophysical Mapping Technology for Metal Deposits Exploration

Kazakhstan plans to leverage aerogeophysical mapping technology to explore metal deposits, covering an extensive area of 250,000 square kilometers.

21/03/2024

Miscellaneous

Kumtor no longer bears any responsibilities related to the sale of gold to the Canadian Centerra Gold

Kyrgyzstan has approved a revised agreement for the sale of gold and silver mined at the Kumtor gold mine.

21/03/2024

Mineral resources extracted for over 9 billion soms in 2 months of 2024 in Kyrgyzstan

21/03/2024

The China Chamber of Commerce response to the Approval of the Critical Raw Materials Act (CRMA)

The China Chamber of Commerce to the European Union (CCCEU) on Tuesday urged the EU not to disrupt global critical raw materials supply chains and…

20/03/2024

Miscellaneous

US Imposes Sanctions on GeoProMining Over Illegal Gold Mining Activities in Azerbaijan

US sanctions GeoProMining for illegal gold mining activities in Azerbaijan during the Armenian occupation.

20/03/2024

Analysts View Kazatomprom’s Financial Report Positively Despite Uranium Sales Dip

Analysts praise Kazatomprom's financial report despite challenges, urging investors to consider purchasing the company's shares.

20/03/2024

Kazakhstan Senate Committee Discusses Geological Exploration Challenges

Kazakhstan's Senate Committee tackles critical issues in geological exploration during an off-site session, emphasizing the need for modernization and increased investment.

19/03/2024

Ministry of Industry and Construction Launches Pilot Project

Ministry of Industry and Construction of Kazakhstan initiates a pilot project for streamlined reporting via "Minerals.gov.kz."

19/03/2024

US Looks to Draw Central Asia Into Critical Minerals Supply Chains

What are the strategic interests of the United States in the development of deposits of critical minerals in Central Asia?

19/03/2024

Miscellaneous

Eurasian Resources Group to Invest in Social Projects in Pavlodar Region

Eurasian Resources Group will invest 2.9 billion tenge in socially significant projects in the Pavlodar region this year.

18/03/2024

Kazakhmys Faces Ministry Notice Over Contract Violations

Kazakhmys faces penalties and contract termination threats for violations in copper and coal mining contracts.

18/03/2024

New Nickel-Cobalt Deposit in Aktobe Region to Begin Development in 2025

A mining company plans to start extracting silicate-nickel ores from the Jusalinskoye deposit in 2025.

18/03/2024

Miscellaneous

RG Gold Announces Reduction in Gold Extraction Volumes at the Raigorodok Deposit

RG Gold company has announced a reduction in the extraction volumes of the yellow metal at the Raigorodok deposit in Akmola region.

18/03/2024

Arras Minerals Corp. Acquires Tay Exploration License in Kazakhstan

Arras Minerals Corp. secures Tay exploration license in northeastern Kazakhstan, bolstering its portfolio with a promising porphyry prospect.

15/03/2024

Kazakhstan Prepares for EU Carbon Regulations Impact on Export Industries

Kazakhstan prepares for the impact of EU carbon regulations on its export industries.

15/03/2024

Miscellaneous

Uzbekistan’s Uranium Deposits Attract Foreign Investors

Representatives of the China Nuclear Uranium Corporation (CNUC) met with the general director of state company Navoiuran, Jamal Faizullaev, to discuss the possibility of mining…

14/03/2024

Interview with Bekhzod Mamatov, Head of Department of Uzbekistan’s Mining and Geology Ministry

Interview with Bekhzod Mamatov, Head of Department of the Ministry of Mining of the Republic of Uzbekistan on the sidelines of the PDAC 2024 Convention.

14/03/2024

AI System Shows Promise in Detecting Environmental Disruption Caused by Poorly Regulated Road Development

Recent tests of an AI system reveal its potential to detect the environmental impacts of poorly regulated road development, offering hope for improved monitoring and…

14/03/2024

Afganistan’s Qosh Tepa canal likely exacerbate water issues in Central Asia

The construction of a canal in Afghanistan, aiming to draw water from the Amu Darya River, has sparked concerns regarding its impact on economic development…

13/03/2024

Miscellaneous

Polymetal Completes Sale of Russian Assets, Focuses on Kazakhstan Operations

Polymetal completes the sale of its Russian assets, redirecting its focus to the development of its operations in Kazakhstan.

13/03/2024

Uzbekistan Explores Collaboration with China for Black Shale Uranium Mining

Uzbekistan explores collaboration with China for black shale uranium mining, signaling potential advancements in the nuclear energy sector for both nations.

13/03/2024

Ulytau Region Plans to Open Precious Metals and Polymetallic Complex

The Ulytau region plans to establish a complex for precious metals and polymetals, aiming for operation by 2026.

13/03/2024

Miscellaneous

Centerra Gold Acquires Thompson Creek Metals Company

Centerra Gold completes acquisition of Thompson Creek Metals Company Inc., adding Mount Milligan Mine to its portfolio.

13/03/2024

Miscellaneous

Rio Tinto Secures Power Supply Agreement for Oyu Tolgoi Mine

Rio Tinto secures agreement with Mongolia to power Oyu Tolgoi mine.

13/03/2024

MINEX Forum takeaways from PDAC 2024

As they say, "When you're at rock-bottom, there's only one way to go... up!"

12/03/2024

Kazakhstan’s Vice Minister Visits UK for Forum on Ore Processing and Circular Economy

Kazakhstan's Vice Minister visited the UK for a forum on ore processing and circular economy, where a Roadmap for Strategic Partnership in Critical Minerals was…

12/03/2024

Miscellaneous

ERG Plans Environmental Rehabilitation Projects for Depleted Mines in Kazakhstan

ERG unveils plans for environmental rehabilitation projects aimed at mitigating the impact of mining activities, ensuring sustainable practices in Kazakhstan's mining sector.

11/03/2024

Kazakhstan-EU Meeting Emphasizes Collaboration on Critical Raw Materials and Green Energy Initiatives

The Kazakhstan-EU meeting on March 5th underscores the strategic collaboration between the two entities regarding critical raw materials and green energy initiatives, aiming to bolster…

11/03/2024

Miscellaneous

Centerra Gold Confirms Kumtor Gold Mine Ball Mill Repair Completion by Mid-April

Centerra Gold confirms that repairs on the ball mill at the Kumtor gold mine in Kyrgyzstan will conclude by mid-April, assuring investors of uninterrupted gold…

11/03/2024

Global Efforts to Reduce Dependence on China’s Rare Earth Elements Dominance

Efforts to reduce reliance on China for rare earth elements intensify as concerns over supply chain vulnerabilities and geopolitical implications mount.

11/03/2024

Miscellaneous

Navoi Gold: The Unsung Giant in the World of Gold Mining

Navoi Gold, a major player in global gold production, is pioneering growth initiatives and shaping Uzbekistan's economic landscape with its ambitious expansion plans and steadfast…

11/03/2024

New lithium deposit discovered in Eastern Kazakhstan: Foreign investors show interest in development

A new lithium deposit has been discovered in Eastern Kazakhstan, attracting the attention of foreign investors.

11/03/2024

Miscellaneous

“Ridder-Polymetal” plans to extract polymetallic and copper-bearing ores at the Strezhansky deposit.

Ridder-Polymetal is poised to commence mining operations at the Strezhansky deposit in East Kazakhstan, aiming to tap into significant polymetallic and copper-bearing ore reserves, crucial…

11/03/2024

The Fifth Kazakhstan Day 2024 at PDAC showcased the Country’s Mining Potential and Investment Opportunities

Aurora Limited Hosted the Fifth Annual Kazakhstan Day 2024, Showcasing the Country's Mining Potential and Investment Opportunities

10/03/2024

Kazakhstan and Canada Strengthen Ties at PDAC 2024 Business Council Session

The 6th plenary session of the Kazakhstan Canada Business Council (KCBC) recently took place at PDAC 2024 in Toronto, Canada.

09/03/2024

Korean Geologists Uncover $15.7 Billion Lithium Deposit in Kazakhstan

Korean geologists from KIGAM uncover a significant lithium deposit in Kazakhstan, valued at approximately $15.7 billion.

08/03/2024

Navoi Gold Attracts Global Investors, Showcasing Uzbekistan’s Mining Potential Main Body:

Navoi Gold's international investor meeting garners global interest, showcasing Uzbekistan's mining potential and the company's commitment to excellence and innovation.

07/03/2024

Kazakhstan Canada Business Council Strengthens Ties at PDAC 2024 Convention

The Kazakhstan Canada Business Council (KCBC) fortifies economic ties at the PDAC 2024 Convention, addressing key sectors and fostering collaboration between Kazakhstani and Canadian business…

07/03/2024

Kazakh Minister Explores Economic Opportunities and Investment Collaborations in U.S. Visit

Kazakh Minister of Industry and Construction Kanat Sharlapayev explores economic opportunities and seeks investment collaborations during his working visit to the United States, emphasizing Kazakhstan's…

07/03/2024

Prime Minister of Kazakhstan Olzhas Bektenov Inspects Development of Export-Oriented Industry in Pavlodar Region

Prime Minister Olzhas Bektenov conducted an inspection of the progress in implementing the instructions of the Head of State, Kassym-Jomart Tokayev, regarding the development of…

07/03/2024

Miscellaneous

Rio Tinto Takes Cautious Approach to Lithium Amid Price Volatility

Rio Tinto remains cautiously optimistic about the future of lithium amid volatile market conditions and declining prices.

07/03/2024

Korean Scientists Discover Large Lithium Deposit in Kazakhstan

Korean scientists have discovered a significant lithium deposit in Kazakhstan, valued at around $15.7 billion, contributing to the country's strategic mineral resources.

07/03/2024

Kazakhstan Implements Measures to Develop Coal Exchange Trading

Kazakhstan is implementing measures to develop coal exchange trading to stabilize prices and increase competition.

07/03/2024

Miscellaneous

ArcelorMittal Secures $450 Million Guarantee from Kazakh Sovereign Wealth Fund

ArcelorMittal secures a $450 million guarantee from a Kazakh sovereign wealth fund for deferred loan repayment.

07/03/2024

Miscellaneous

Qarmet: A New Era for Kazakhstani Metallurgy Under Domestic Ownership

Qarmet embarks on a new chapter in Kazakhstani metallurgy, guided by a vision of modernization, safety, and environmental stewardship under domestic ownership.

06/03/2024

Miscellaneous

Kumtor Gold Company Exceeds Gold Production Targets in 2023, Boosting Revenue and Profit

Kumtor Gold Company in Kyrgyzstan exceeded gold production targets in 2023, achieving significant revenue growth and making substantial contributions to regional development and environmental conservation.

06/03/2024

Miscellaneous

Adriatic Metals Launches $250 Million Investment in Vares Project, Bosnia and Herzegovina

Adriatic Metals launches $250 million investment in Vares Project, Bosnia and Herzegovina, following successful production milestones.

06/03/2024

Kazakhstan Explores Geology-AI Integration with Key MoUs Signed at PDAC-2024 Conference in Canada

Kazakhstan expands geology-AI collaboration with key MoUs signed at PDAC-2024 conference.

06/03/2024

Miscellaneous

Foreign investors have united to search for copper in the Republic of Kazakhstan

Республиканская ассоциация горнодобывающих и горно-металлургических предприятий и Институт химии угля и технологии заключили соглашение о сотрудничестве с целью развития углехимической отрасли в Казахстане, с планами…

05/03/2024

AGMP: Kazakhstan needs to develop coal chemistry

The Republican Association of Mining and Metallurgical Enterprises and the Institute of Coal Chemistry and Technology have forged a cooperation agreement to bolster Kazakhstan's coal…

05/03/2024

The North Shuak gold deposit will be developed in the south of Kazakhstan

Appak Minerals plans to operationalize the North Shuak gold deposit in the Moiynkum district of the Zhambyl region, with proven reserves of 438 thousand tons,…

05/03/2024

Miscellaneous

Presentation on the launch of the Budgeting system on the 1C: ERP platform

Navoi Gold's implementation of the budgeting functional system on the 1C: ERP platform marks a significant step in their Digital Transformation Program, enhancing efficiency in…

04/03/2024

Partnership at the intersection of sciences: Kanat Sharlapaev’s meeting with the Director of the U.S. Geological Survey

Kanat Sharlapaev, Kazakhstan's Minister of Industry and Construction, met with David Applegate, Director of the U.S. Geological Survey, signaling a significant stride in bilateral geology…

04/03/2024

Miscellaneous

Introducing the 2024 BHP Xplor Cohort | East Star Resources

Hear from Alex Walker and Christopher van Wijk from East Star Resources exploring for copper and other base and precious metals in Kazakhstan.

01/03/2024

Miscellaneous

Introducing the 2024 BHP Xplor Cohort | East Star Resources

Hear from Alex Walker and Christopher van Wijk from East Star Resources exploring for copper and other base and precious metals in Kazakhstan.

01/03/2024

$154.38 Billion Power Play: How Central Asia, Ukraine, and Russia’s Mineral Wealth Shapes Global Geopolitics

30-TOP MINING BILLIONAIRES are worth $417.7 billion in 2024. 16 billionaires own their wealth to the mineral riches of Russia, Kazakhstan, Ukraine, Uzbekistan, and Kyrgyzstan

01/03/2024

$154.38 Billion Power Play: How Central Asia, Ukraine, and Russia’s Mineral Wealth Shapes Global Geopolitics

30-TOP MINING BILLIONAIRES are worth $417.7 billion in 2024. 16 billionaires own their wealth to the mineral riches of Russia, Kazakhstan, Ukraine, Uzbekistan, and Kyrgyzstan

01/03/2024

Miscellaneous

Russian metallurgists are asking the Republic of Kazakhstan to lift the ban on scrap metal exports.

Kazakhstan's six-month ban on ferrous scrap metal exports, prompted by aims to boost domestic metallurgical enterprises, is expected to negatively impact Russian plants, leading to…

01/03/2024

Miscellaneous

Russian metallurgists are asking the Republic of Kazakhstan to lift the ban on scrap metal exports.

Kazakhstan's six-month ban on ferrous scrap metal exports, prompted by aims to boost domestic metallurgical enterprises, is expected to negatively impact Russian plants, leading to…

01/03/2024

Meeting of Kanat Shralapayev with the leadership of the Kazakhstan-American Business Council at the US Chamber of Commerce

Minister Kanat Shralapayev engaged in a roundtable discussion with the Kazakhstan-American Business Council at the US Chamber of Commerce, highlighting strategic opportunities in rare earth…

01/03/2024

Meeting of Kanat Shralapayev with the leadership of the Kazakhstan-American Business Council at the US Chamber of Commerce

Minister Kanat Shralapayev engaged in a roundtable discussion with the Kazakhstan-American Business Council at the US Chamber of Commerce, highlighting strategic opportunities in rare earth…

01/03/2024

Kazakhstan-Uzbekistan cooperation discussed in Navoi

Ambassador of Kazakhstan to Uzbekistan Beibut Atamkulov paid a working visit to Navoi region, Uzbekistan.

29/02/2024

Kazakhstan-Uzbekistan cooperation discussed in Navoi

Ambassador of Kazakhstan to Uzbekistan Beibut Atamkulov paid a working visit to Navoi region, Uzbekistan.

29/02/2024

Miscellaneous

Azerbaijan’s AzerGold seeks legal assessment of illegal actions by Armenia and some European companies

AzerGold CJSC focuses on investigating illegal exploitation in Karabakh and Eastern Zangezur, aiming for legal assessment of actions by Armenia and European companies, Chairman Zakir…

29/02/2024

Miscellaneous

Azerbaijan’s AzerGold seeks legal assessment of illegal actions by Armenia and some European companies

AzerGold CJSC focuses on investigating illegal exploitation in Karabakh and Eastern Zangezur, aiming for legal assessment of actions by Armenia and European companies, Chairman Zakir…

29/02/2024

Miscellaneous

Arras Minerals Acquires Tay Exploration License, Eyes Untapped Copper-Gold Potential in Kazakhstan

Arras Minerals Corp. has expanded its operations with the acquisition of the Tay exploration license in northeastern Kazakhstan's Bozshakol-Chingiz magmatic arc, near the Bozshakol copper-gold…

29/02/2024