Kazakhstan mineral extraction

KAZ Minerals attracts $ 600 million to expand Aktogay.

The Development Bank of Kazakhstan (DBK) opened a $ 600 million credit line to the KAZ Minerals group to expand the Aktogay Mining and Processing Plant (GOK), the bank’s press service reports

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Russian Copper Company to launch copper mine in Kazakhstan in H2

The Russian Copper Company intends to launch an underground mine for the extraction of copper ore at the Vesenne-Aralchinskoye deposit in Kazakhstan on the border with Russia in Q3 2019.

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Cobalt and Nickel find investor: Kenges Rakishev to invest $200-300 million in Gornostaevskoye

As it has become known to the Kommersant, Fincraft Resources of the main shareholder of the gold mining company Petropavlovsk Kenes Rakishev, will invest $200-300 million in the launch of mines at

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Within 2019 Polymetal to receive 40% of profits in Kazakhstan.

Polymetal Int (combines the assets of JSC "Polymetal") expects that in 2019 it' sKazakhstan assets will bring the company nearly 40% of the profits, the company's chief execu

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In January-April 2019, Kazakhstan increased production of copper, ferroalloys and gold

In January-April 2019, Kazakhstan increased production of refined copper by 8.8% year-on-year to 149.5 thousand tons, the Reuters reports, citing the Committee on Statistics of the Economy Ministry

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In Q1, Kaz Minerals increased copper production by 4%

In the first quarter of the current year, the company increased copper production by 4% due to high productivity of the Aktogay mine and expects the production growth for the rest of the year.

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In Q1, gold production in Kazakhstan grew by 7.3%

In January-March 2019, the volume of production of untreated and semi-processed gold or gold in the form of powder in Kazakhstan amounted to 22,738 kg, which is by 7.3% more than in the same period

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Kazakhstan's Tau-Ken Altyn to receive Good Delivery by July.

The refining plant of LLP Tau-Ken Altyn (part of the Tau-Ken Samruk Oil and Gas Company) in Q2 2019 expects to receive the Good Delivery status of the London Bullion Market Association (LBMA)

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Kazakhstan creates the Association of Precious Metals Producers.

An Association of Precious Metals Producers has been established in Kazakhstan, according to the response of the national mining company "Tau-Ken Samruk" to the inbusiness.kz request.

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Kazakhmys intends to spend 4 billion tenge on exploration.

SE "Kazakhmys" will spend nearly 4 billion tenge (10.5 million dollars) on geological exploration for the expansion of the mineral resource base of the corporation, the company infor

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