Kazakhstan Archives - MINEX Central Asia 2024

Companies & Organisations

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

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

Companies & Organisations

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

Investment Projects

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

Investment Projects

“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

Industry News

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

Policies and Regulation

Changes in Uranium Mining Tax Rates Announced for 2025

Kazakhstan to implement new differentiated uranium mining tax rates starting in 2025.

11/07/2024

Companies & Organisations

Glencore Retains 70.2% Stake in Kazakh Mining Business Amid Price Disagreement

Glencore retains its 70.2% stake in KazZinc due to price disagreements with potential investors.

04/07/2024

Companies & Organisations

Karazhira Reports Significant Profit Decline in 2023 Despite Increased Revenues

Karazhira's 2023 net profit dropped to 3.1 billion tenge, a significant decline from the previous year.

03/07/2024

Industry News

Glencore Abandons Sale of Kazzinc Stake After Unmet Valuation

Glencore cancels plans to sell its stake in Kazakh miner Kazzinc after buyers fall short on valuation.

03/07/2024

Industry News

Kazakhstan Proposes New Tax Code Affecting Mining Companies

Kazakhstan's new tax code proposes significant changes for mining companies, aiming to boost investment and development.

28/06/2024

Industry News

Infrastructure Construction Progresses at Major Tungsten Ore Deposit in Kazakhstan

Infrastructure construction at Kazakhstan's major tungsten ore deposit is advancing rapidly, with the mining and processing plant set to launch by the end of 2024.

24/06/2024

Industry News

Kazakhstan’s Ministry of Industry Reveals Valuable Mining Sites for August Auction

Kazakhstan's Ministry of Industry lists 23 valuable mining sites for an August auction, including gold, silver, and multi-mineral deposits.

18/06/2024

Industry News

Kazakhstan to Hold Auction for Solid Mineral Deposits, Including Bauxite, Coal, and Gold

Kazakhstan is preparing to hold an auction for various solid mineral deposits, such as bauxite, coal, and gold, offering opportunities for exploration and licensing.

17/06/2024

Industry News

Kazakhstan Explores Alternative Routes for Oil Transportation, Aims to Increase Transit Capacity through Azerbaijan

Kazakhstan plans to boost its oil transit capacity by utilizing Azerbaijani pipelines, potentially increasing the volume of transported oil to 7 million tons per year.

17/06/2024

Industry News

Kazatomprom Signs New Contract for Mining Operations at Inkai Deposit

Kazatomprom signs a significant contract for mining at Inkai, boosting its mineral resource base.

14/06/2024

Industry News

Kazakhstan’s Gold Mining Industry Faces Challenges and Opportunities

Kazakhstan's gold mining industry must tackle resource depletion and bureaucratic hurdles to capitalize on its substantial potential.

13/06/2024

Industry News

Junior Mining Companies in Kazakhstan to Transition from Mineral Extraction Tax to Royalties in 2025

Kazakhstan's junior mining companies will transition from the Mineral Extraction Tax to royalties starting in 2025, marking a significant reform in the country's mining industry.

12/06/2024

Industry News

Kazakhstan to Shift Junior Exploration Companies from Mineral Extraction Tax to Royalties by 2025

Kazakhstan will shift junior exploration companies from the MET to royalties starting in 2025.

07/06/2024

Industry News

Kazakhstan and China Sign Agreement for Major Copper Smelting Plant

Kazakhstan and China have signed an agreement to build a major copper smelting plant, expected to boost the country's copper industry and economy.

06/06/2024

Companies & Organisations

“Aluminium of Kazakhstan” May Receive New Exploration Licenses

"Aluminium of Kazakhstan" may receive licenses for geological exploration on two sites in the Kostanay region.

05/06/2024

Industry News

Kazakhstan Announces Major Industrial Projects to Boost Metal Production

Kazakhstan has announced new projects to enhance metal production, including ferrosilicon, steel, and copper plants.

29/05/2024

Industry News

Kazakhstan Sees Significant Increase in Non-Ferrous Metal Production in April 2024

Kazakhstan significantly increased its production of non-ferrous metals in April 2024, with notable rises in copper and gold outputs.

29/05/2024

Industry News

Dutch PM Rutte Offers to Share Green Energy Experience with Kazakhstan

Dutch PM Rutte offers to share green energy expertise with Kazakhstan.

28/05/2024

Industry News

Kazakhstan Ministry of Industry and Trade Reports Growth in Metallurgy Sector

Kazakhstan Ministry of Industry and Trade reveals growth targets and key projects in metallurgical sector.

27/05/2024

Industry News

Kazakhstan to Welcome New Metallurgical Plant in Five Years

Kazakhstan is welcoming a new metallurgical plant in Shymkent in five years.

24/05/2024

Industry News

Kazakhstan and the UK Sign Strategic Partnership Roadmap for Critical Minerals Cooperation

Kazakhstan and the UK have signed a strategic roadmap to strengthen their partnership in critical minerals, focusing on joint ventures and sustainable supply chains.

23/05/2024

Industry News

Britain – Kazakhstan rare earth relations

Kazakhstan and the UK have signed a strategic roadmap to strengthen their partnership in critical minerals, focusing on joint ventures and sustainable supply chains.

23/05/2024

Companies & Organisations

Polymetal Int Recommends Dividend Waiver and Name Change to Solidcore Resources plc

Polymetal Int suggests shareholders forgo dividends and approve a name change to Solidcore Resources plc for strategic reasons.

21/05/2024

Companies & Organisations

Eastern Gold to Develop Rodnikovoye Gold Deposit

Eastern Gold is set to develop the Rodnikovoye gold deposit using open-pit mining and heap leaching techniques.

20/05/2024

Industry News

Kazakhstan Proposes to Declassify Rare and Rare Earth Metal Deposits

Kazakhstan plans to declassify rare metal deposits to boost economic development.

20/05/2024

Industry News

Court Overturns Illegal Seizure of Solid Metals’ Property in Kazakhstan

A Kazakh court has overturned illegal resolutions connected to the seizure of Solid Metals' land and assets.

17/05/2024

Industry News

EBRD and Kazakhstan Collaborate to Modernize Mining Sector

The EBRD and Kazakhstan have signed an agreement to modernize the national mining sector.

17/05/2024

Industry News

Kazakhstani Deputies Propose Measures to Sustain Mining Towns Amid Resource Depletion

Kazakhstani deputies propose measures to support mining towns as resource depletion threatens local economies.

16/05/2024

Industry News

ERG Exploration Granted Exploration Rights in Mughalzhar District

ERG Exploration has received authorization to explore for minerals in Mughalzhar district until 2030.

16/05/2024

Industry News

KazMunayGas Invests 68 Billion Tenge in Oilfield Rehabilitation Projects

KazMunayGas has invested 68 billion tenge to rehabilitate the Uzenskoye and Karamanbas oilfields.

15/05/2024

Industry News

Kazakh Coal Producer “Bogatyr Komir” Maintains Supply Agreement with Russian Company Despite U.S. Sanctions

Kazakh coal producer "Bogatyr Komir" maintains supply agreement with Russian company despite U.S. sanctions.

13/05/2024

Companies & Organisations

ACG-Asia Capital Group Plans Gold Exploration Project in Kazakhstan’s Katon-Karagay District

ACG-Asia Capital Group announces plans for gold exploration project in Kazakhstan's Katon-Karagay district.

13/05/2024

Industry News

Kazakhstan Ranks Sixth in Gold Production, Surpassing Previous Year’s Output

Kazakhstan's gold production surges to 130 tons, ranking it sixth globally.

13/05/2024

Policies and Regulation

Kazakhstan Implements Measures to Address Raw Material Shortage

Kazakhstan implements measures to address raw material shortage.

08/05/2024

Industry News

Kazakhstan to Collaborate with Afghanistan in Geology and Natural Resource Extraction

Kazakhstan announces plans for collaboration with Afghanistan in geology and natural resource extraction.

06/05/2024

Industry News

Kazakhstan Takes Measures to Enhance Workplace Safety and Reduce Work-Related Injuries

Kazakhstan endeavors to improve workplace safety with comprehensive measures, aiming to minimize work-related injuries and fatalities.

02/05/2024

Industry News

Deputy Raises Concerns Over Support for Domestic Producers in Kazakhstan

Deputy Bolatbek Nazhmitdenuly criticized the efficacy of government measures, stating, "ST-KZ certificate has long discredited itself, and the industrial certificate is far from ideal."

02/05/2024

Companies & Organisations

First Quantum Minerals Launches Extensive Geological Survey Project in Kazakhstan

First Quantum Minerals embarks on an ambitious geological survey project in Kazakhstan, aiming to uncover lucrative copper deposits and solidify its foothold in the country's…

29/04/2024

Participant News

“Tau-Ken Samruk” at MINEX Kazakhstan 2024

Chairman of the Board of the National Mining Company "Tau-Ken Samruk" Bakyt Chirchikbaev spoke at the plenary session of the MINEX Kazakhstan forum "Drivers for…

29/04/2024

Industry News

14th MINEX Kazakhstan Forum in Astana: Sustainable Development in Mining Industry Takes Center Stage

The 14th MINEX Kazakhstan Forum in Astana gathers experts from over 32 countries to discuss sustainable mining practices and technological advancements.

24/04/2024

Industry News

Kazakhstan’s “Tau-Ken Samruk” Partners with US Investors for Rare Metals Exploration

Kazakhstan's "Tau-Ken Samruk" and US investors, Cove Capital, join forces for Rare Metals exploration, focusing on the Akbulak deposit near Arkalyk.

11/04/2024

Industry News

British Concrete Canvas Ltd. to Establish Concrete Production Plant in Kazakhstan

Concrete Canvas Ltd. plans to enhance Kazakhstan's infrastructure by establishing a concrete production facility, aiming to address irrigation system challenges.

10/04/2024

Industry News

Ministry of Industry and Infrastructure Development to Auction Over 100 Mineral Deposits

The Ministry of Industry and Infrastructure Development is set to auction off a diverse range of mineral deposits, emphasizing commitments to maintain national production standards…

10/04/2024

Industry News

Ulytau Resources to Conduct Uranium Exploration in Kazakhstan’s Jambil Region

Ulytau Resources plans to explore uranium deposits at the Djusandalinskoye site, aiming to assess existing reserves and identify new uranium prospects.

10/04/2024

Industry News

Irkaz Metal Corporation Plans Expansion of Copper Smelting Plant in Kazakhstan

Irkaz Metal Corporation plans to expand its copper smelting operations in Kazakhstan, with construction of the new facility set to begin in July 2024.

10/04/2024

Industry News

ERG Increases Flood Relief Fund to 500 Million Tenge

ERG increases flood relief fund to 500 million tenge.

08/04/2024

Industry News

Reforming Efforts Underway in Kazakhstan’s Geological and Mining Committee

Reforming the geological and mining committee aims to address evolving challenges in Kazakhstan's mining and metallurgical sector.

05/04/2024

Industry News

Kazakhstan Advances Tungsten Mining Project in Almaty Region

Kazakhstan advances tungsten mining project in Almaty region, creating employment opportunities and enhancing economic growth.

05/04/2024

Industry News

Concrete Canvas Ltd. Explores Plant Construction for Innovative Technology in Kazakhstan

Concrete Canvas Ltd. explores plant construction for innovative technology in Kazakhstan, promising advancements in irrigation systems and reduced environmental impact.

05/04/2024

Industry News

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

Industry News

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

Industry News

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

Minister Clarifies Funding Source for Qarmet Acquisition Amidst Speculation

Minister clarifies funding source for Qarmet acquisition amidst speculation.

28/03/2024

Industry News

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

Industry News

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

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

Industry News

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

Industry News

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

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

Companies & Organisations

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

Industry News

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

Industry News

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

Companies & Organisations

“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…

Andrew11/03/2024

Companies & Organisations

“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

Industry News

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

Policies and Regulation

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

Industry News

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

Industry News

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

Industry News

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

Companies & Organisations

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

Industry News

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

Companies & Organisations

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

Industry News

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

Industry News

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

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

Industry News

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

Industry News

Kazakhstan-Uzbekistan cooperation discussed in Navoi

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

29/02/2024

Companies & Organisations

Trusted Financial Source: Kazatomprom Claims Top Spot Among Global Uranium Producers

Kazatomprom, according to Insider Monkey, has solidified its position as the world's top uranium producer.

29/02/2024

Policies and Regulation

The National Geological Service (NGS) plans to develop another database of geological data, which will be integrated into the information platform minerals.gov.kz

At a mining industry conference, Erlan Galiev announced plans to establish a dedicated database for primary geological information on the minerals.gov.kz portal in Kazakhstan.

28/02/2024