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ALMATY (TCA) — With income on oil sales down to a fraction of what they used to be until just two years ago, Kazakhstan seems desperate to fill the gap with increased income on other commodities it has in great quantities. This seems to be leading to a fresh wave of “resource nationalism” as the tendency to re-nationalise upstream assets is dubbed by western industrialists. In Kazakhstan, it was oil, in Kyrgyzstan gold – and now uranium is waiting for its turn. True: “commitments” have not been kept – but by whom? Continue reading
AKTOBE, Kazakhstan (TCA) — This was stated by ambassadors of Norway, Sweden, and Finland during their meeting with representatives of medium and large businesses in Aktobe, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website on March 16. Continue reading
BISHKEK (TCA) — The Kumtor mine, the largest gold mine in Kyrgyzstan, produced 16,195.4 kg of gold in 2015. Gold sales in 2015 were 16,189.9 kg with a revenue totaling $604.5 million, Kumtor Gold Company said on March 16. Continue reading
ASTANA (TCA) — Last year Kazakhstan’s three gold refineries produced more than 30 tons of refined gold, an increase of 15 percent compared to 2014, Meiramgali Tleuzhanov, director of Tau-Ken Altyn gold refinery, told a news conference on March 15, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — The 7th Mining and Exploration Forum – MINEX Central Asia will be held in Astana, Kazakhstan on 19-21 April 2016. Continue reading
ASTANA (TCA) — Kazakhstan should keep the inflow of foreign investments in the manufacturing sector as investments are declining in other sectors of the country’s economy, Yerlan Khairov, the chairman of the Investment Committee of the Kazakh Ministry of Investment and Development, said at a media briefing on February 16, the official website of the Prime Minister of Kazakhstan reported. Continue reading
