Central Asia Metals – a diversified producer with assets in Kazakhstan and Macedonia

MINEX FORUM | November 15, 2017
img0 LONDON (Reuters) – Central Asia Metals (CAML), which has just bought a lead and zinc mine in Macedonia, would consider further purchases but not for six months, its chairman said on Monday. The $402.5 million acquisition of Lynx Resources, completed on Nov. 6, adds diversity to a miner that until now based its revenues on ...

Bozymchak mine resumed production after Kyrgyz Republic government-enforced suspension cancelled

MINEX FORUM | November 6, 2017
img0 Just when investors thought it might be safe to enter the Kyrgyz Republic, the volatile government has struck again, this time suspending operations at Kaz Minerals’ (LN:KAZ) Bozymchak copper and gold mine. In a two-paragraph statement, the London-listed company said the government had enforced the stoppage at the openpit mine for a period of three ...

Polish coal gets in way of the Emissions Trading System transformation

Irina Dorokhova | November 6, 2017
img0 The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world’s biggest carbon market, said mining.com with reference to Bloomberg. Negotiators representing the 28-nation bloc and its member states will meet on Nov. 8 to overhaul the Emissions Trading ...

FAMUR wins new contracts in Kazakhstan

MINEX FORUM | November 3, 2017
img0 For several decades, the Group has been providing solutions for the Kazakh mining industry, including but not limited to machines, equipment and monitoring systems. Over 700 powered roof supports supplied by the FAMUR Group companies as well as armoured face conveyors, beam stage loaders and PIOMA rail transportation systems are currently being operated in Kazakhstan. ...

Kazakhstan’s mining companies are increasing their production capacity

MINEX FORUM | November 3, 2017
img0 Enterprises are focused on not only to attracting investments, but also to development of human capital and stimulation of personnel to search for advanced solutions. First of all, the companies introduce their own innovations taking into account the needs of the modern market. At the 7th International Scientific and Production Conference in Astana young specialists ...