Massive gold treasure found in Kazakhstan

MINEX Forum | August 8, 2018
img0 Archaeologists working in the remote Tarbagatai Mountains of northeastern Kazakhstan unearthed 3,000 gold and precious metals objects and jewelry pieces that are presumed to date back almost 800 years before Christ. The treasure, found at the ‘Yeleke Sazy’ burial site, probably belonged to a noble family of the Saka people who ruled throughout central Asia ...

Ukraine’s Energy Mining seeks resumption of cooperation with Russia’s TVEL

MINEX Forum | July 12, 2018
img0 Ukraine’s Ministry of Energy and Coal Industry considers it necessary to resume joint construction of a nuclear fuel plant in the country with Russia’s TVEL. This is discussed in a letter made available to the Kyiv-based Interfax-Ukraine news agency signed by Minister Ihor Nasalyk, which was sent to First Deputy General Director of Rosatom Kirill ...

The world’s biggest mining companies in 2018

MINEX Forum | June 22, 2018
img0 Industry goliaths such as Glencore, Rio Tinto and BHP emerged as top performing companies, thanks to recovery in global commodities market. Mining-technology.com lists the ten biggest mining companies based on 2017 revenues. Glencore – $80.46bn Glencore recorded revenues of $205.47bn in 2017, of which the revenue from metals and minerals segment was $80.46bn, an increase ...

Siberia’s mining potential grows due to global warming

MINEX Forum | May 24, 2018
img0 Russia’s Siberian region, which is rich in coal, gold and many other minerals, remains relatively unexploited, as its challenging landscape and harsh weather conditions hamper the exploration. However, melting ice and permafrost are potentially easing the mining process, so the situation is likely to change. As the Siberian land becomes more accessible because of global ...

Change drivers in the mining industry in Kazakhstan

MINEX Forum | May 19, 2018
img0 In April this year we have organised Mining Forum in Kazakhstan – the most developed mineral-rich country in Central Asia. Kazakhstan is spearheading the reform in the mining sector aimed at improving the terms for international investors interested in developing greenfield and brownfield projects. In December 2017 Kazakhstan adopted the Code “On Subsoil and Subsoil ...

Interfax-Ukraine to host press conference ‘Corruption in Coal Industry

MINEX Forum | May 6, 2018
img0 Interfax-Ukraine to host press conference ‘Corruption in Coal Industry and Illegal Pressure of Security Agencies on Miners and Their Independent Trade Unions’. On Monday, May 7, at 12.00, the press center of the Interfax-Ukraine news agency will host a press conference “Corruption in Coal Industry and Illegal Pressure of Security Agencies on Miners and Their ...

Mongolian anti-corruption authorities detain two ex-prime ministers in mining probe

MINEX Forum | April 13, 2018
img0 Former Mongolian prime ministers Saikhanbileg Chimed and Sanjaagiin Bayar were both detained on April 11 by the country’s anti-graft authorities as part of an investigation into allegations of corrupt mining payments. The probe concerns Mongolia’s flagship Oyu Tolgoi copper and gold mine, located in the Gobi desert. Over the weekend former finance minister Bayartsogt Sangajav ...