Metals and Minerals

09.09.2024

Kazakh PM discusses NPP construction in Kazakhstan with Stepnogorsk Mining and Chemical Combine personnel

Prime Minister Olzhas Bektenov during his working trip to Akmola region visited Stepnogorsk Mining and Chemical Combine, which is one of the flagships of domestic industry, where he met with the staff and discussed topical issues of energy security and development of domestic industry. Attention was paid to the implementation of...

Prime Minister Olzhas Bektenov during his working trip to Akmola region visited Stepnogorsk Mining and Chemical Combine, which is one of the flagships of domestic industry, where he met with the staff and discussed topical issues of energy security and development of domestic industry. Attention was paid to the implementation of...

09.09.2024

Kazchrome plans to increase production of ferroalloys

Kazchrome (part of the ERG Group) plans to increase production in 2024, said Sergey Prokopyev, CEO of the company.

"This year, Kazchrome plans to produce 1,860-1,895 million tonnes of ferroalloys. This is the corridor we are counting on. If we talk about ore extraction, it is more than 6 million tonnes....

Kazchrome (part of the ERG Group) plans to increase production in 2024, said Sergey Prokopyev, CEO of the company.

"This year, Kazchrome plans to produce 1,860-1,895 million tonnes of ferroalloys. This is the corridor we are counting on. If we talk about ore extraction, it is more than 6 million tonnes....

09.09.2024

Eurasian Resources Group structure declares final victory over British authorities in British court

Eurasian Natural Resources Corporation (ENRC), which ceased to exist as an independent company in 2013 and became part of the Eurasian Resources Group (ERG), won a final victory in the Court of Appeal of England and Wales over the UK Serious Fraud Office (SFO), according to an ERG release.

The Court...

Eurasian Natural Resources Corporation (ENRC), which ceased to exist as an independent company in 2013 and became part of the Eurasian Resources Group (ERG), won a final victory in the Court of Appeal of England and Wales over the UK Serious Fraud Office (SFO), according to an ERG release.

The Court...

09.09.2024

Kazakh gold mining company needs to invest $1 billion to achieve independence from Russia

The Kazakh gold mining company Solidcore Resources (formerly Polymetal) needs to invest $1 billion in order to achieve final operational independence from Russia, citing the words of the company's financial director Maxim Nazimok.

"We need to invest $1 billion to achieve final operational independence from Russia. This is, first of all,...

The Kazakh gold mining company Solidcore Resources (formerly Polymetal) needs to invest $1 billion in order to achieve final operational independence from Russia, citing the words of the company's financial director Maxim Nazimok.

"We need to invest $1 billion to achieve final operational independence from Russia. This is, first of all,...

09.09.2024

Kazakhstan reduces its gold reserves

Kazakhstan continues to reduce the share of precious metals in the structure of gold and foreign exchange assets. In response to an official request, the National Bank noted that according to the results of the first half of 2024, gross international reserves amounted to $39.9 billion. And the share of...

Kazakhstan continues to reduce the share of precious metals in the structure of gold and foreign exchange assets. In response to an official request, the National Bank noted that according to the results of the first half of 2024, gross international reserves amounted to $39.9 billion. And the share of...


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