Kazakhstan Archives - Page 2 of 3 - MINEX Central Asia 2024

Kazatomprom Plans Up to 14% Increase in Uranium Production for 2025

The company is scheduled to release further details on its financial performance for 2024 on March 19.

28/01/2025

President Focuses on Revitalising Investment Climate Amidst Declining FDI

President Tokayev's impactful message signifies Kazakhstan's commitment to creating a more attractive investment climate while simultaneously promoting responsible and sustainable development.

28/01/2025

Kazakhstan Prepares for the Launch of Gornostayevskoye Nickel-Cobalt Deposit

Kazakhstan’s Gornostayevskoye deposit is set to become a significant player in sustainable nickel and cobalt production.

21/01/2025

Kazakhstan Takes the Lead in Global Sustainability Efforts

Kazakhstan positions itself as a global leader in climate action and sustainability under President Tokayev’s leadership.

21/01/2025

Kazakhstan Updates Rules for Geological Data Management

Kazakhstan simplifies access to geological data with updated management and storage rules.

14/01/2025

President Calls for Bold Decisions to Accelerate Kazakhstan’s Development

President Tokayev urged bold action in nuclear energy, AI, and digitalization for Kazakhstan’s progress.

13/01/2025

Miscellaneous

Sarytogan secures 25-year mining licence for Kazakhstan graphite mine

The licence stipulates a minimum annual expenditure of 8,938 MCIs, indexed yearly.

10/01/2025

Celebrating 80 Years of Kazakhstan’s First Steel Production

Kazakhstan celebrates eight decades of steel production, underscoring industrial growth and artistic tributes to metallurgists.

10/01/2025

Miscellaneous

Central Asia Metals Confident About 2025 Despite Mixed 2024 Production Results

Central Asia Metals said it would release its annual results on 20 March, at which date the final dividend for 2024 would also be announced.

09/01/2025

Tokayev Pushes for Faster Nuclear Power Plant Construction in Kazakhstan

Kazakhstan aims to become a nuclear energy powerhouse, with plans to build two, possibly three, nuclear power plants.

09/01/2025

Key Barriers in Kazakhstan’s Mining Sector Hinder Investment Climate

Barriers in mineral resource utilisation have been highlighted as one of the major challenges affecting Kazakhstan's investment climate, reports the KazTAG agency correspondent.

08/01/2025

Kazakhstan Revives Mining at Key Deposits in 2024

Key mining projects resume in Kazakhstan, focusing on zinc, gold, and silver.

07/01/2025

Kazakhstan Intensifies Search for Rare Earth Metals

Kazakhstan is advancing rare earth metals exploration with plans to declassify reserve data by 2024.

13/12/2024

Kazakhstan’s Mineral Reserves Expected to Last Up to 40 Years

Kazakhstan accelerates geological exploration to ensure sustainable mineral resource reserves.

12/12/2024

Kazakhstan Reaffirms Commitment to EITI Standards and Modernizes Mining Sector

Kazakhstan enhances its mining sector while upholding EITI transparency standards.

12/12/2024

Kazakhstan Considers New Royalty-Based Tax Model for Mining Sector

Kazakhstan plans to adopt a royalty system for mineral taxation, incentivizing domestic processing and boosting transparency for investors.

12/12/2024

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

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

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 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

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

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

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

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

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

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

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

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

Changes in Uranium Mining Tax Rates Announced for 2025

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

11/07/2024

Miscellaneous

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

Miscellaneous

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

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

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

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

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

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

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

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

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

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

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

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

Miscellaneous

“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

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

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

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

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

Kazakhstan to Welcome New Metallurgical Plant in Five Years

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

24/05/2024

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

Miscellaneous

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

Miscellaneous

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

Kazakhstan Proposes to Declassify Rare and Rare Earth Metal Deposits

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

20/05/2024

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

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

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

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

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

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

Miscellaneous

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

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

Kazakhstan Implements Measures to Address Raw Material Shortage

Kazakhstan implements measures to address raw material shortage.

08/05/2024

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

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

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

Miscellaneous

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

“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

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

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

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

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

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

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

ERG Increases Flood Relief Fund to 500 Million Tenge

ERG increases flood relief fund to 500 million tenge.

08/04/2024

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

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

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

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

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

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

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

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

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

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