Kazakh Gold

Sberbank to provide "Kazakhaltyn" a loan of $ 14 million.

SB JSC "Sberbank" and the largest enterprise in gold sector in Kazakhstan JSC "MMC Kazakhaltyn" made a deal to raise financing for the amount of 4.7 billion tenge ($ 14 million)

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Kazakhmys plans to produce 285-295 thousand tons of copper.

In the first nine months the Kazakhmys Group produced 213.1 thousand tonnes of copper in cathode equivalent. By the end of the year the volume of production is expected in the planned range of 285-295 thousand tons. Ore production in the reporting period amounted to 27.7 million tons.
In the near future the reorganization of the Kazakhmys Group, which resulted in mature assets of the Karaganda, Balkhash and Zhezkazgan production sites being transferred to Cuprum Netherlands Holding company and continue to work as part of Kazakhmys Corporation. The enterprises of the East region, Boschekul, Aktogai and Koksai growth projects, and the Bozymchak mine will remain within a public company, which would change its name to KAZ Minerals.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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Kazakhstan to launch a gold refinery in December

Tau-Ken Altyn LLP is going to launch production at a new gold refinery in Astana. The capacity of the plant makes up 25 tons of gold, director of the company Meyramgaliy Tleuzhanov reported at the forum devoted to precious metals in Russia and the CIS.

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