Kazakhstan Metals and Mining

Geological exploration of 10 fields to increase Kazakhstan's GDP by 5%

Geological exploration of just one field in Kazakhstan will increase Kazakhstan's GDP by $1 billion.

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Kazakhstan significantly reduced production of steel in May

During May 2020, Kazakhstan's metallurgical enterprises smelted 248 413 tons of steel (in April – 236 914 tons).

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Kazakhstan to produce petrol and diesel fuel from coal

It is planned to establish production of domestic AI-92 petrol and Euro-5 diesel fuel in the Turkestan region of Kazakhstan, as well as to obtain p

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Kenes Rakishev considers buying 2 gold mining companies in Russia

The former major shareholder of Petropavlovsk Kenes Rakishev has suspended plans to buy GV Gold due to increased price of gold and lack of market v

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Altynalmas launches start-up and commissioning works at new Dolinnoye gold beneficiation plant

Since May 22 of this year, Altynalmas has started work on commissioning of a new gold beneficiation plant Dolinnoye, located on the Aktogay project

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Kazakhstan: steel production decreased by 39.2% in April

During April 2020, Kazakhstan's metallurgists smelted 236 914 tons of steel that is by 39.2% less in the annual ratio.

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Tau-Ken Samruk reduced its profit by 9% in 2019

In 2019, Kazakhstan's Tau-Ken Samruk made the profit under IFRS in the amount of 40.205 billion tenges ($93.2 million), which is by 8.8% less t

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Kazakhstan: steel production in the first quarter decreased by 13.8%

During January-March 2020, production of refined copper in Kazakhstan amounted to 124 067 tons. Growth at an annual rate is 8.7%.

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Polymetal increased gold production by 8% in January-March

In January-March 2020, Polymetal Int (combines assets of Polymetal) increased gold production by 8% to 324 thousand ounces (10.1 tons), silver - de

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