IG Copper and Gold enters Kazakhstan’s mining industry
In order to enter the mineral-rich country of Kazakhstan, IG Global Group (IGG) has established a wholly owned subsidiary, IG Copper and Gold. The firm...
Tag : kazakhstan
KAZ Minerals’ Aktogay copper mine expansion in Kazakhstan
Aktogay is a large scale, open pit mine with a remaining mine life of around 25 years (including the expansion project) at an average copper...
Multi-metal mining opportunities of Central Asia
Since the collapse of the Soviet Union, only a few dozen mines continue to be developed in Central Asia (Kazakhstan, Tajikistan, Uzbekistan, Kyrgyzstan, etc). These...
Kazatomprom had to quarantine two mines due to virus emergency
Due to a COVID-19 emergency, the world’s largest uranium producer Kazatomprom had to put two mines in quarantine. The company announced that several positive cases...
Kazatomprom resumes mining operations in Kazakhstan
Any new pandemic or weather-related issues at world’s largest uranium producer Kazatomprom’s operations are not expected to influence 2020 production volumes, the company said in...
KAZ Minerals’ issues around Baimskaya copper project because of new Russian infrastructure plan
The Ministry for the Development of the Russian Far East & Arctic recently approved a multi-party complex development plan for new infrastructure in the region....
Uranium production cut to be extended in Kazakhstan
In early April, Kazakhstan’s national operator for the import and export of uranium, Kazatomprom announced that its facilities across Kazakhstan would be working at reduced...
Canadian Gold Pool at International Arbitration Tribunal – Kazakhstan wins the lawsuit
After nearly 20 years from the termination of the contract, in 2016, Gold Pool initiated a United Nations Commission on International Trade Law (UNCITRAL) arbitration...
Glencore corporation reports decrease in annual profit, issues with Kazakhstan and Congo authorities
Raw material trader and miner Glencore has seen its gross profit fall sharply in the past year. The Swiss-British group suffered from low prices for...
Turkish holding eyes mining, extraction projects in Kazakhstan
Delegation of Turkey’s Eczacibasi Holding has expressed interest to implement projects on extraction and processing of minerals in Kazakhstan, Trend reports with reference to the press office...