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ASTANA (TCA) — Polymetal is planning to become the second-largest gold producer in Kazakhstan with a total output of 13 tons of gold per year from its Varvarinskoye and Kyzyl mines by 2020, Novosti-Kazakhstan news agency reported citing Kanat Dosmukametov, Polymetal’s managing director in Kazakhstan. Continue reading
ASTANA (TCA) — Projected gold reserves in Kazakhstan are estimated at 9.5 thousand tons, the Chairman of the Committee of Geology and Subsoil Use of the Ministry of Investment and Development of Kazakhstan Bazarbai Nurabayev said during the 7th mining forum MINEX 2016 in Astana on April 20, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ALMATY (TCA) — Since the beginning of the property and capital legalization campaign in Kazakhstan through 1 April 2016, Kazakhstanis had deposited more than 475 billion tenge (around US $1.4 billion according to the exchange rate on April 20) on special accounts of the country’s banks, the press service of the Kazakh National Bank said. Continue reading
ASTANA (TCA) — In accordance with the Land Code of Kazakhstan, agricultural land in the country will not be handed over to foreigners and repatriates to Kazakhstan, or for private ownership. It can only be rented for up to 25 years, Deputy Chairman of the Committee for Construction, Housing and Utilities Services and Land Management under the Ministry of National Economy of Kazakhstan, Baurzhan Smagulov, told a media briefing on April 19, the official website of the Prime Minister of Kazakhstan reported. Continue reading
TASHKENT (TCA) — Kazakhstan President Nursultan Nazarbayev visited Tashkent and held talks with Uzbekistan President Islam Karimov on April 15. The two leaders stated that water resources of trans-boundary rivers in Central Asia are a common heritage and good of the region’s nations and that stability and wellbeing of the entire region is largely dependent on their rational and fair use, the press service of the Uzbek President said. Continue reading
ASTANA (TCA) — Kazakhstan’s Aktobe province is second after the capital city, Astana, in terms of creation of a favorable business climate, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported with reference to a study conducted by the Institute of Economic Research under the Ministry of National Economy of Kazakhstan. Continue reading
