Kazzinc to train metallurgists at Glencore’s Nyrstar project

MINEX FORUM | June 22, 2017
img0 Glencore announces that it has been engaged by Nyrstar to provide, through the Kazzinc operation in Kazakhstan, training and ramp-up support services in connection with Nyrstar’s Transformation Project in Port Pirie, South Australia. This follows the successful implementation of Kazzinc’s New Metallurgy Project, which was completed in 2012. The Transformation Project includes the installation of ...

One Belt One Road promises huge demand for resources – BHP

MINEX FORUM | June 1, 2017
img0 China’s multi-billion dollar Belt and Road Initiative can deliver a major boost for commodities and will add about 150-million tons to global steel demand, according to BHP Billiton, the world’s largest miner said miningweekly.com. The plan to develop infrastructure and rebuild ancient trading routes from China to Europe overland and by sea has seen projects initiated ...

Chinese CNTIC to invest to Massalsky Mining and Processing Plant

MINEX FORUM | May 18, 2017
img0 Portfolio companies of Kazakhstan’s national wealth fund Samruk-Kazyna JSC have signed several agreements with Chinese partners as part of the official visit of Kazakhstan President Nursultan Nazarbayev to China. Nazarbayev was in Beijing to attend the Belt and Road Forum for International Cooperation on May 14-15, said timesca.com. In Beijing, Massalsky Mining and Processing Plant ...

AREVA and Kazatomprom signed an agreement strengthening their long-standing cooperation

MINEX FORUM | April 10, 2017
img0 Today AREVA and Kazatomprom signed an agreement strengthening their long-standing cooperation in the uranium mining sector in Kazakhstan, said in Kazatomprom’s press release. “This agreement, which meets interests of Kazakhstan and France, opens new opportunities for further development and enhancement of effective operations of their joint-venture Katco, AREVA (51%) and Kazatomprom (49%). It will bring additional value ...

CALM increased copper production by 4,7%

MINEX FORUM | April 6, 2017
img0 Central Asia Metals plc (AIM: CAML) reported a Q1 2017 production update for the Kounrad dump leach, solvent extraction and electro-winning (“SX-EW”) copper recovery plant in Kazakhstan (“Kounrad”).  Kounrad Q1 2017 copper production of 3,357 tonnes is 4.7% higher than that achieved in Q1 2016. Copper sales during Q1 2017 were 2,839 tonnes (+11.3% vs. ...

Altyn Plc, formerly GoldBridges Global Resources Plc, reduced gold output by 29.4%

MINEX FORUM | April 3, 2017
img0 Altyn Plc, formerly GoldBridges Global Resources Plc, the mining and development company with gold Sekisovskoye project in Kazakhstan announced  its operational update for the full year ended 31 December 2016. Altyn Plc produced 10,970 oz of gold (341.2 kg) in 2016, comparing with 15,534 oz (483.2 kg) in 2015 and 16,520 oz (513.8 kg) of silver comparing ...

Agris Preimanis was appointed new EBRD Director for Kazakhstan

MINEX FORUM | March 30, 2017
img0 The EBRD has appointed Agris Preimanis new Director for Kazakhstan, one of the Bank’s largest countries of operations where it has invested more than US$ 8 billion to date, said the bank. The announcement was made today in Almaty, the country’s largest city, during a high-level visit led by EBRD First Vice President Phil Bennett.Agris Preimanis, ...