Metals and Minerals

17.07.2019

Kazakh tycoon sells Petropavlovsk stake to focus on battery minerals

Kazakh entrepreneur Kenes Rakishev said on Tuesday he had sold his stake in gold miner Petropavlovsk to Russian billionaire Roman Trotsenko and would invest the proceeds in a cobalt and nickel project he aims to list in Hong Kong.

Rakishev bought his shares in late 2017 when he said Petropavlovsk was...

Kazakh entrepreneur Kenes Rakishev said on Tuesday he had sold his stake in gold miner Petropavlovsk to Russian billionaire Roman Trotsenko and would invest the proceeds in a cobalt and nickel project he aims to list in Hong Kong.

Rakishev bought his shares in late 2017 when he said Petropavlovsk was...

17.07.2019

Kazakhstan ups output of most base metals in H1

Item                            June        May    Jan-June

 REFINED COPPER (tonnes)      38,913     38,686     227,098

 mth/mth pct change              0.6        9.4         ---

 yr/yr pct change               28.2       21.4        13.8

 REFINED ZINC (T)             27,376     28,323     163,883

 mth/mth pct change             -3.3        1.2         ---

 yr/yr pct change                5.5        1.7         3.0

 ZINC CONCENTRATE (T)         22,500     23,200     114,900

 mth/mth pct change             -3.0       22.8         ---

 yr/yr pct change              -17.0      -20.3       -28.8

 ALUMINA AND...

Item                            June        May    Jan-June

 REFINED COPPER (tonnes)      38,913     38,686     227,098

 mth/mth pct change              0.6        9.4         ---

 yr/yr pct change               28.2       21.4        13.8

 REFINED ZINC (T)             27,376     28,323     163,883

 mth/mth pct change             -3.3        1.2         ---

 yr/yr pct change                5.5        1.7         3.0

 ZINC CONCENTRATE (T)         22,500     23,200     114,900

 mth/mth pct change             -3.0       22.8         ---

 yr/yr pct change              -17.0      -20.3       -28.8

 ALUMINA AND...

17.07.2019

Eurasian Group to invest €200 million to replace electric precipitators at Aluminium of Kazakhstan

The project of a phased replacement of gas-cleaning equipment of the sintering shop at the cost of 200 million euro was launched at Aluminium of Kazakhstan, part of the ERG, the press service of Aluminium of Kazakhstan reported. According to the information, an active phase of an environmental project for...

The project of a phased replacement of gas-cleaning equipment of the sintering shop at the cost of 200 million euro was launched at Aluminium of Kazakhstan, part of the ERG, the press service of Aluminium of Kazakhstan reported. According to the information, an active phase of an environmental project for...

17.07.2019

Salaries of Kazakhmys employees to increase again

The increase in the company's general payroll will be about 10%, while the wage growth by occupation will be differentiated and depend on the level of current pay. This was reported by the press service of the corporation.

From January 2019, employees of Kazakhmys Corporation have already received increased wages, the...

The increase in the company's general payroll will be about 10%, while the wage growth by occupation will be differentiated and depend on the level of current pay. This was reported by the press service of the corporation.

From January 2019, employees of Kazakhmys Corporation have already received increased wages, the...

17.07.2019

Kazatomprom responds to section 232 decision

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) issued a statement following the President of the United States’ decision to leave the current US uranium market unchanged.

“We welcome President Trump’s decision to decline the pursuit of restrictive trade actions on imports of uranium,” said Galymzhan Pirmatov, Kazatomprom’s Chief Executive...

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) issued a statement following the President of the United States’ decision to leave the current US uranium market unchanged.

“We welcome President Trump’s decision to decline the pursuit of restrictive trade actions on imports of uranium,” said Galymzhan Pirmatov, Kazatomprom’s Chief Executive...


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