The number of foreign investors who want to explore the treasured subsoil of Kazakhstan is increasing. This is evidenced by the annual mining forum in the capital. This year, most of the participants of the traditional event are foreigners. Their number this year is 20% more than last year. Foreign investors are interested in exploring the reserves of precious and rare metals in the country and developing them. Representatives of Europe, Central and Southeast Asia, the Middle East, Africa, and the USA met at the general forum. A total of 235 companies and more than 450 specialists from 32 countries gathered.
Artur Polyakov, president of the Mining Forum:
– 5 new large strategic investors joined the forum this year. Those companies are coming from Australia, Europe, Canada, USA, Malaysia and other countries. Kazakhstan is rich in mineral resources. Their stock has not been analyzed since the 70s of the last century. Only 30% of the territory of Kazakhstan has been explored. It is hard to say what is underground and what projects can be implemented. It needs a lot of money. Therefore, Kazakhstan, like other Central Asian countries, proposes to carry out geological exploration.
James Banyard, Manager, Mining Company, Canada:
– We are currently in Kazakhstan mainly with the aim of carrying out geological exploration. At the same time, we intend to establish a strategic partnership in this field and carry out full-chain assessment and review work related to the development of new deposits. We can also support zero-waste production, that is, the recycling side. Currently, we have two joint projects, within the framework of which we are exploring a number of deep places in Kazakhstan.
