Tag: Kazakhstan

  • Kazakhstan’s subsoil tender platform received 315 electronic applications

    Kazakhstan’s subsoil tender platform received 315 electronic applications

    The total number of platform users has reached 1519.

    The exploration of subsoil has received 315 electronic applications. According to the Minister of Digital Development, Innovation, and Aerospace Industry, Bagdat Mussin, the minerals.gov.kz platform was launched in June, as reported by inbusiness.kz.

    “It creates favorable conditions for investors and businesses interested in subsoil development. Today, information about locations with geological survey results and active contracts has been integrated into the system. As of today, 58,620 contours have been digitized. While 39 thousand reports are geographically mapped. By the end of this year, a function will be developed to provide initial geological reports,” he said.

    Additionally, the platform has gathered a collection of layers including defense and national designated lands, water resources, animal burial sites, cemeteries, and other restricted areas. The minister added that this encompasses information from at least 60 cartographic layers.

    “To maintain the ‘currency’ of data, specialized automated workstations of industry state bodies will be added to the platform by the end of this year,” Mussin clarified.

    According to him, the department has also analyzed, reengineered, and digitized processes for businesses and investors, such as application submission, license acquisition, and report filing.

    “As a result, bureaucracy, paperwork, and wear and tear of thresholds in these processes will be reduced. Today, processes such as submitting applications for exploration and extraction, verifying the use of restricted territories, license signing, approval or rejection of applications, and court filing are automated. To simplify the license issuance process, integration with relevant information systems of state bodies has been carried out. At the initial stage, databases of individuals and legal entities, personal data control services, and unified account information systems have been added,” explained the department head.

    In the future, information systems such as conducting payments with second-tier banks, conducting auctions, and monitoring the timing of government services will be integrated, he noted.

    The total number of platform users has reached 1519. There have been 315 electronic applications submitted for exploration and processing.

  • Will Swiss Glencore buy Kazakhstan’s Shalkiya mine?

    Will Swiss Glencore buy Kazakhstan’s Shalkiya mine?

    ​In recent years, the old fields of the global trader’s subsidiary, Kazzinc, have been depleted, and new ones may not provide the required level of reserves for a long time.

    In the near future, Kazzinc may buy the Kazakh zinc deposit Shalkiya, developed by the Tau-Ken Samruk mining state holding in the Kyzylorda region. An industry source familiar with the situation told an inbusiness.kz correspondent about this .

    Let us remind you that the main shareholder of Kazzinc is almost 70% of the Anglo-Swiss trader Glencore, and the remaining share mostly belongs to the same Tau-Ken Samruk. To be fair, we note that talk that the Kazakh zinc giant will buy Shalkiya has been circulating for several years without any visible consequences.

    Therefore, in order to verify the information received, the inbusiness.kz correspondent made information requests to Glencore, Kazzinc and Tau-Ken Samruk. The press service of the global trader responded to the publication’s questions asking to confirm the possibility of purchasing the Shalkiya mine with the phrase “no comment,” while its Kazakh subsidiary did not respond to the request.

    “JSC ShalkiyaZinc LTD is included in the list of enterprises proposed for transfer to a competitive environment in accordance with Government Decree of the Republic of Kazakhstan dated December 29, 2020 No. 908. Work is currently underway to implement the Comprehensive Privatization Plan for 2021-2025,” they commented in a letter to Tau-Ken Samruk, an appeal through the e-otinish electronic platform with questions about the possible sale of Shalkiya to Kazzinc.

    Thus, none of the parties to the proposed deal has yet denied its potential.

    A year ago, inbusiness.kz wrote that public hearings were held in the East Kazakhstan region to eliminate the consequences of subsoil use of the Tishinsky and Ridder-Sokolsky Kazzinc deposits. The Tishinsky mine was going to be closed in 2023, Glencore previously reported. The Maleevsky mine was also close to being completely depleted, according to industry observers. In 2022-2024, it was planned to expand zinc production at the Dolinnoye-Obruchevskoye deposit in Eastern Kazakhstan and the Zhairemsky mine in the Karaganda region. However, the expansion of production at Zhairem has been delayed, and it is not entirely clear how much the reserves there will be able to compensate for the dynamic depletion of the old Kazzinc mines. By the way, earlier this week the government expressedconcerns that the country’s zinc reserves are declining despite mineral resource reform. There are no new geological discoveries, although Glencore has been conducting active geological exploration in Kazakhstan in recent years.   

    Previously, inbusiness.kz wrote that last year Kazzinc experienced increased complexity in logistics due to the geopolitical situation. Its trade flows began to line up without the use of transit through the territory of the Russian Federation. However, according to some reports, the company continues to depend on third-party zinc raw materials supplied from the territory of its northern neighbor through intermediaries. 

    “Zinc production from own sources in the amount of 72 thousand tons was comparable to the first half of 2022 (73.9 thousand tons of metal and concentrate – Note), which reflects an increase in volumes at Zhairem, offset by a delay in processing material from its raw materials at metallurgical capacities of Kazzinc in favor of third-party materials,” Glencore said in its report for the first six months of this year.

    For gold, during this period, the Kazakh mining and metallurgical giant’s output from its raw materials was 4% higher year-on-year and reached 288 thousand ounces, or almost 9 tons, the document indicates.

    At the same time, the total production of zinc, taking into account third-party raw materials, at Kazzinc in the first half of the year decreased by 11%, to 125 thousand tons from 140 thousand tons in the same period last year. In contrast, gold processing, including third-party feedstock, increased sharply by 25% to 531 thousand ounces, or 16.5 tons, compared with 426 thousand ounces, or 13.2 tons, a year earlier in the first six months of 2022.

    It should be noted that Kazzinc continues to play the role of a source of funds for Tau-Ken Samruk, as has been the practice for many years.

    “In accordance with the decision of the general meeting of participants of Kazzinc LLP (hereinafter referred to as Kazzinc) dated March 31, 2022, the procedure for distributing Kazzinc’s net income received based on the results of 2021 was approved. The total amount of dividends declared and paid to Kazzinc participants during 2022 amounted to 650,000,000 US dollars, of which 193,843,000 US dollars (equivalent to 88,819,162 thousand tenge) were distributed by the group and were paid in cash.In accordance with the decision of the general meeting of Kazzinc participants dated March 31, 2021 the procedure for distributing Kazzinc’s net income received based on the results of 2020 was approved. The total amount of dividends declared and paid to Kazzinc participants during 2021 amounted to 500,000,000 US dollars,of which 149,110,000 US dollars (equivalent to 63,273,551 thousand tenge) were distributed to the group and were paid in cash,” – according to the consolidated financial statements of Tau-Ken Samruk for 2022.

    At the same time, according to the financial document, the net loss of the mining state holding over the past year reached 16.3 billion tenge.

    Let us recall that in September 2021, Tau-Ken Samruk  updated the terms of the credit line from the EBRD in the amount of $175 million at a six-month LIBOR rate plus 2.5% per annum with repayment of principal and interest in equal semi-annual installments. As security for the loan agreement, the national company provided a guarantee for the full amount of the loan from Samruk-Kazyna for the term of its validity until 2032 as collateral for the EBRD. At the end of last year, the volume of borrowed funds received from the EBRD reached 31.2 billion tenge.

    In 2021, the subsidiary of Tau-Ken Samruk, ShalkiyaZinc, entered into three contracts under a loan from the European Bank for Reconstruction and Development (EBRD). One of them, with the Chinese JCHX and CCECC, was aimed at constructing a mine, the second, with the Danish FLSmidth, was aimed at the selection and supply of technological equipment for the factory, and the third was signed with Deloitte TSF – Kazakhstan to provide project management services.

    According to the annual report of Tau-Ken Samruk for 2022, work was carried out for ShalkiyaZinc to reduce the cost of the contract with FLSmidth. This document also noted that in 2023 it was planned to hold tenders and conclude contracts for the completion of construction and installation work on the processing plant and tailings, and additional delivery of the main technological equipment for crushing, flotation, thickening was also expected.

    By the way, it was previously planned that the processing plant at the Shalkiya mine would be launched in November 2025. The design capacity against the backdrop of its expected service life of 29 years was set at 246 thousand tons of zinc concentrate per year with a zinc content of 55%. For comparison, several years ago Kazzinc’s annual production of this metal from its own raw materials exceeded 200 thousand tons.

  • For the first time at SSGPO, new equipment has been produced for the factory complex

    For the first time at SSGPO, new equipment has been produced for the factory complex

    “For the first time at the Sokolov-Sarbaysk Mining and Enrichment Production Association (SSGPO), a subsidiary of ERG (Eurasian Resources Group), the employees of the repair-mechanical metallurgical plant have manufactured a bath for a magnetic separator. This bath is a crucial component in the enrichment of strongly magnetic ores through the wet separation method. Producing this equipment in-house will lead to a reduction in the cost of the final product.

    Within the ore enrichment section of the SSGPO factory complex, 280 separators of various types and sizes are installed. The majority of these are the PBM-P-120/300 separators, which play a role in enriching ore and materials with a size of 3 mm, dividing them into two products: magnetic and non-magnetic.

    These mechanisms consist of a magnetic drum and a counter-flow bath. The wear of the latter impacts the loss of produced iron ore concentrate, which goes to tailings and is disposed of in tailings storage.

    To address this situation, the question of producing counter-flow baths within the conditions of the repair-mechanical metallurgical plant (RMMZ) was thoroughly examined. The first trial bath for the PBM-P-120/300 separator has been manufactured.

    “Employees of the factory approached us with a proposal to create equipment necessary for the technological production chain,” explains Denis Shein, the master of the metallurgical constructions section at RMMZ. “We used stainless steel for manufacturing, a material we hadn’t worked with before. We modernized and reconfigured our own equipment. Four repair fitters and three electric gas welders, led by a master, completed the task within a month. Currently, we have produced one frame and a magnetic separator bath in a trial version. In the future, we will reach the planned production rates.

    Achieving the optimal operating mode for the modern equipment will occur in the near future. The production process for the baths will be put into full operation afterwards. According to preliminary data, 80 units of the new equipment are needed.

    “The proposed systemic work will not only make the production process more flexible and reduce dependence on external suppliers but will also expand the possibilities of the enterprises,” says Alexey Shtal, the head of the mechanics department in the Industrial Complex. “We can now replace old separator mechanisms with new ones and outline a joint action plan. The bath is manufactured at the plant and sent to the factory before planned preventive work on the technological section. During maintenance work, equipment modernization is conducted.

    This proposed system will reduce the need for repairs, prevent the loss of iron ore concentrate, and decrease the cost of the final product.”

  • Kazakhstan will limit coal exports in the face of its reduction

    Kazakhstan will limit coal exports in the face of its reduction

    Kazakhstan is set to impose restrictions on coal exports in response to declining output. A draft government decree is being finalized, intending to exclusively grant coal mining and processing companies the right to export coal from the country. Turar Zholmagambetov, deputy chairman of the industrial development committee of the Ministry of Industry and Infrastructure Development, revealed that this measure is being taken to counteract intermediary firms that purchase coal at domestic prices and resell it abroad at higher rates. The decree aims to restrict such activities and grant export rights only to specialized entities involved in coal production and processing.

    This resolution is expected to be adopted in September after coordination with government bodies and the Atameken National Chamber of Entrepreneurs. Zholmagambetov acknowledged that some intermediary firms affiliated with coal mines will still be permitted to sell coal abroad if they maintain a legitimate coal supply chain.

    In the period from January to July, coal exports from Kazakhstan dropped to 18.3 million tons, down by 1.5 million tons (7.5%) compared to the same period in 2022. The Ministry of Industry and Infrastructure Development has yet to predict the extent to which these new restrictions will impact coal exports.

    During the first seven months of the year, Kazakhstan produced approximately 61.7 million tons of coal, a 3.7% decrease from the previous year. Of this production, 36.8 million tons were supplied to the domestic market for energy purposes, while 3.9 million tons were allocated to the household sector. The Ministry of Industry and Infrastructure Development anticipates a demand of 9.1 million tons of coal for the 2023-2024 heating season, with 6.8 million tons for the population and 2.3 million tons for household consumers. However, as of August 28, only 2.2 million tons (24% of the plan) had been delivered.

    The draft government decree, signed by Prime Minister Alikhan Smailov in July, outlines that 26 Kazakh companies engaged in coal mining, processing, and enrichment will be granted exclusive rights to export coal. These companies include ArcelorMittal Temirtau, Satkomir Mining Company, Eurasian Energy Corporation Vostochny Mine, and several others. The licenses for coal export will be issued by the Industrial Development Committee and will be valid for one year. Licenses could be suspended in case of non-compliance with reporting requirements or provision of false information.

    It’s noteworthy that Kazakhstan plans to gradually increase coal exports to Uzbekistan post-2025 to reach 12.8 million tons annually. This decision aligns with the government’s efforts to boost the country’s fuel and energy complex and expand export destinations.

  • Kazatomprom announces changes in the Board

    Kazatomprom announces changes in the Board

    National Atomic Company Kazatomprom JSC (hereinafter referred to as Kazatomprom or the Company) informs that the following changes have been made to the composition of the Company’s Management Board.

    Due to the merger of the production unit and the nuclear fuel cycle unit (hereinafter referred to as the “NFC”) into one business area under the supervision of the Chief Production Director and the abolition of the position of the Chief Director for the NFC, the powers of Dosbolat Sarymsakov, the Chief NFC Director.

    Thus, at present, the Board of Kazatomprom includes:

    • Yerzhan Mukanov, Chairman of the Board; 
    • Kuanysh Omarbekov, chief production director;
    • Dastan Kosherbaev, Chief Commercial Officer;
    • Ermek Kuantirov, Chief Director for Legal Support and Corporate Governance;
    • Alibek Aldongarov, Chief Director for HR and industrial safety;
    • Mukhit Magazhanov, Chief Procurement and General Director.

    Information on members of the Management Board of Kazatomprom is available on the Company’s corporate Internet resource www.kazatomprom.kz .

  • Kazakhstan: fire at ArcelorMittal Temirtau mine continues

    Kazakhstan: fire at ArcelorMittal Temirtau mine continues

    In the Karaganda region of Kazakhstan, the fire at the Kazakhstanskaya coal mine of ArcelorMittal Temirtau JSC (AMT), which began on the morning of August 17, cannot yet be extinguished, Interfax reports citing the country’s Ministry of Emergency Situations.

    “The situation at the mine “Kazakhstanskaya” as of 8:00 am on August 22: the intensity of fires in the emergency working is not decreasing, there is no improvement in the situation,” the ministry said in a statement.

    According to the source, every effort is being made to contain the fire. It was decided to isolate the emergency section by erecting gypsum bridges.

    Earlier it was reported that on the morning of August 17, a conveyor belt caught fire in the mine at a level of 170 m. At the time of the fire, 227 people were underground. 222 miners were evacuated, of which 13 were injured. Five people died, the youngest of them was 27 years old, the oldest – 58.

    JSC “ArcelorMittal Temirtau” is a part of the international steel concern Arcelor-Mittal. The company owns 15 coal mines and iron ore mines in Kazakhstan.

  • Political decision on ArcelorMittal’s exit from Kazakhstan made – Ministry of Finance

    Political decision on ArcelorMittal’s exit from Kazakhstan made – Ministry of Finance

    The government is negotiating with the shareholders of ArcelorMittal about their withdrawal from Kazakhstan. This was announced on the sidelines of the government by Deputy Prime Minister and Head of the Ministry of Finance of the Republic of Kazakhstan Yerulan Zhamaubaev, Vlast writes.

    What happened. Finance Minister Zhamaubayev told reporters that the political decision to withdraw ArcelorMittal from Kazakhstan had already been made.

    He did not specify whether the government is in talks with the Russian company Severstal to buy the assets of ArcelorMittal.

    “You all have already heard, the statement has been made. This issue is dealt with directly by Roman Sklyar (First Deputy Prime Minister of the Republic of Kazakhstan),” Zhamaubaev answered the question about the transfer of ownership of ArcelorMittal to a Russian company.

    The official emphasized that “a certain circle of people” should be engaged in negotiations on a large enterprise, since this should be a serious negotiation process.

    “Therefore, if everyone comments incompetently at their level, it will be wrong. Moreover, it can affect the negotiation process. So the announcement has already been made. I think there is a political solution (to leave ArcelorMittal from Kazakhstan). Therefore, we will work,” Zhamaubaev assured.

    Context. On August 17 at 10:05 a conveyor belt caught fire at the Kazakhstan mine. There were 227 miners underground. Of these, 222 managed to be evacuated through the flank shaft used for lowering and raising minerals, rocks, materials, equipment, and people. Five people died. The body of the first was found on the day of the tragedy, on August 18 – the second and third dead, on the 19th – the fourth and fifth.

    After the death of five miners, a day of mourning was declared at ArcelorMittal Temirtau.

    The reaction of the authorities. President Kassym-Jomart Tokayev instructed the government and the akimat of the Karaganda region to conduct a comprehensive investigation into the causes of the accident and provide all necessary assistance to the victims. He questioned the further presence of ArcelorMittal Temirtau in Kazakhstan.

    The Prime Minister of the Republic of Kazakhstan, Alikhan Smailov, also stated that the owners of the enterprise were to blame for the tragedy at the ArcelorMittal Temirtau mines. Responsibility for the death of people will be borne by the top management of the company.

    “This is primarily the fault of the owners of the enterprise. Their complete self-withdrawal from the life of the company has led to tragic consequences for several years now. As we can see, for the entire period of activity, attention was paid only to making a profit without creating an adequate level of security for workers. Therefore, accidents are often repeated and, most tragically, people die,” the Prime Minister said.

    Over the years of work of ArcelorMittal Temirtau JSC (AMT), there are more than a hundred dead miners at the enterprise.

  • ArcelorMittal Temirtau must leave the country – ex-director of the mine “Kazakhstanskaya” Arman Kalykov

    ArcelorMittal Temirtau must leave the country – ex-director of the mine “Kazakhstanskaya” Arman Kalykov

    ASTANA. KAZINFORM – On August 17, a conveyor belt caught fire in the working of the D6 coal slope at the Kazakhstanskaya mine. There were 227 miners in the mine. 222 workers were brought to the surface. The bodies of three dead have been found, and the search for the two miners is still ongoing. It turned out that over 100 people died at ArcelorMittal Termirtau facilities over 15 years. We decided to find out the reasons for systematic accidents from the ex-director of the Kazakhstanskaya mine, now a deputy of the Mazhilis, Arman Kalykov, who is now at the site of the tragedy.

    – Tell us about the situation, what measures are being taken now?

    – I visited the operational headquarters, then met with the family of the deceased. He got acquainted with the course of conducting rescue operations, extinguishing a fire. All, of course, painfully familiar. These accidents occur one after another endlessly. Each is a pain in the heart for a miner. With many familiar. I personally knew two of the victims. I worked there as chief engineer, deputy director, director of the mine. While I am here in the region. In principle, I was in the region, but far from the mine. The fire is under control now. Two people were not found. Young guys born in 1994, 1996. Now the situation is such that it is difficult to comment on something. The headquarters is working. I got to know the progress of the case.

    Today, unfortunately, I managed to meet only one family. Expressed condolences. They are also indignant: why did the tape catch fire, why is there a series of deaths? They don’t blame anyone. While questions were asked and all. As a standard, the company provides assistance in accordance with the collective agreement: the families of the victims will be paid 10 annual earnings. Housing will be purchased. All support measures are listed there. I said that the state commission is working. In my opinion, this is all due to underfunding by the shareholder. The company (ArcelorMittal Temirtau) saves money on creating safe conditions and staffing. There is a big problem – not enough numbers. The last two years, by joint efforts, convinced the shareholders – they began to accept people. The company accepted about 2.5 thousand people. Reception has been suspended for the time being. They explain this by the fact that the cost is very high. So there are standard costs. Therefore, the recruitment of staff is now suspended.

    – What is the main cause of the accident at the mine “Kazakhstanskaya”?

    – I can’t say, because the state commission is working. When the cause of the fire is clearly established, then it will be possible to draw some conclusions. Until the fire is extinguished. People have not yet been found, two people are being searched. I can’t draw any conclusions right now.

    – The accident at the mine is not the first time. What is it connected with?

    – All mines were acquired in technical, technological terms in normal working condition. But it was a resource created not by them, not by this company. This resource, which was created in Soviet times, is now over. This is the general depreciation of fixed production assets, buildings, structures, a systematic shortage of personnel, and a lack of modernization. We all worked on the old technology. New technologies have not been introduced in 27 years of the company’s operation.

    – Earlier at the President’s reception, ATM Executive Director Lakshmi Mittal promised to ensure that the miners’ work is organized to the highest standards in the field of labor safety and health protection. What do you think about it?

    “They promise but do nothing, and here are the consequences. When a major accident occurs, the state commission works. After that, measures are drawn up: what needs to be done so that these cases do not happen again. Everything is clearly signed, signed and not executed. Because all management decisions and implementation of activities entail funding. Nothing is done for free. All for money.

     

    – You spoke about the wear and tear of equipment, underfunding. That is, the cause of the accident lies in this?

    – Well, of course. I don’t see another. We still have the same level as in the Soviet Union: technologies, buildings, structures. There is nothing new in the mines. Separate equipment is bought, but work is not carried out in the complex. Some injections are being made, but there is no systematic, comprehensive work. All decisions, including financial ones, are made by expat leaders. Local leaders do not have the right to make decisions on financing, hiring people. The director of the mine nominally has the rights as the head of the site. It’s a mine, not a pasta factory. Something can change every minute. All these actions must be promptly responded to. But we can’t respond because there is no stock. Don’t let it be created. There are safety rules, where it is clearly written: there must be a three-day supply of materials on the site. The mine must have a 10-day supply of materials. On a conveyor belt, according to safety regulations, 10 people should work, and 5 are served. Does this improve safety? Of course not. It turns out that 1 person can go to work and serve 500 meters of a conveyor belt. This applies not only to the conveyor, but also to other equipment.

    – Has the company’s safety equipment been checked?

    – There is a moratorium on checking private businesses. Only with the permission of the prosecutor can be checked. The inspector cannot promptly arrive at any time and check. To do this, you need to get permission from the prosecutor. Safety precautions are checked every time. But there is such a thing as moments of hiding minor violations …

    – What measures are the deputies planning to take?

    – It is necessary to review the status of state inspectors in all areas so that they have all the necessary powers. This will give increased control by the state. In the labor law there is no such thing as a headcount standard. It must be tied to the existing number of equipment and the range of equipment. Everything should be clear: the conveyor is of such a brand, it should be served by so many people. It needs to be spelled out clearly. The concept of a population standard should be rigid.

    – You have worked for this company for a long time. How was the security then?

    – I thought when you ask me this question. Yes, I worked. I don’t refuse. But he always defended his position and proved: it should be so. When I worked as a mine director, I had powers. I could lead as a single boss. When he became the director of a coal enterprise, the concept blurred. All leaders were at the same level. The left hand doesn’t know what the right hand is doing. You can take the statistics for the time that I was the director of the mines “Kazakhstan” and the name of Lenin. They worked, there were violations and sudden emissions. I worked according to the safety rules.

    – After the accident at the Kazakhstanskaya mine, deputies of the Mazhilis, members of the AMANAT party demanded that the management of JSC ArcelorMittal Temirtau be held criminally liable. Do you support the appeal of the deputies who call on the company to leave the country?

    – Certainly. They only promise. But how much can you? Sorry, every year five, six people (die). They promised $3 billion in investment. In fact, there was nothing. It was two years ago. They promised to build a large metallurgical plant that would produce 6 million tons of steel. But in fact there is nothing.

    Recall that on August 17, in the development of the coal slope D6 (horizon – 170 m), a conveyor belt caught fire. Then there were 227 people in the mine, people were taken out through the flank shaft from the mine to the surface.

    An accident elimination plan was immediately put in place. By 14:00, 222 workers were brought to the surface. There were five people left in the mine.

    In the evening, the body of one miner was raised to the surface. His identity has been established. The next day, the body of another miner was found at the Kazakhstan mine.

    Also on August 18, the body of a third miner was found.

    The fate of the two miners is still unknown. The search is being conducted by employees of the RTSSH PVASS and the Department of Emergency Situations. The cause of the fire will be investigated.

    There are 11 workers in medical institutions, of which 9 people are in Karaganda, and two people are in Shakhtinsk.

    A criminal case has been initiated on the fact of a fire at a coal mine – a pre-trial investigation has been launched under article 277 of part 3 of the Criminal Code of the Republic of Kazakhstan. The case is under the control of the prosecutor’s office of the Karaganda region. Those responsible for the mine accident could face up to 7 years in prison.

    The Prime Minister of the Republic of Kazakhstan, Alikhan Smailov, demanded that the Ministry of Emergency Situations and the Ministry of Ecology promptly complete the industrial and environmental audits conducted at ArcelorMittal Temirtau JSC in order to make an appropriate decision.

    Murat Mashkenov, Secretary General of the Kazakhstan Confederation of Labor, commenting on the accident at the Kazakhstanskaya mine, said that after the investigation of the incident was completed, a decision should be made in favor of a complete revision of the agreements between the Government of the Republic of Kazakhstan and Arcelor Mittal, up to and including breaking off relations.

    On August 19, Alikhan Smailov arrived in the Karaganda region. He met with family members of the miners who died in the accident at the Kazakhstan mine and said that all those responsible would be punished.

  • Shagarshinskoye iron ore deposit to be developed in Aktobe region

    Shagarshinskoye iron ore deposit to be developed in Aktobe region

    Qazaqstan Mining Company plans to start mining iron ore at the Shagarshinskoye deposit, located in the Aitekebi district of the Aktobe region of the Republic of Kazakhstan. The company published the project on the Unified Ecological Portal of Kazakhstan.

    The subsoil user carried out exploration work at the site in 2019–2021. The reserves of Shagarshinsky were put on the state balance sheet in February 2023. The project documentation of the company states that 1,642 thousand tons of iron ore (742 thousand tons of iron with an average metal content in the ore of 45.2%) were classified as probable reserves, 118 thousand tons of ore (52 thousand tons iron with an average metal content of 44.07%).

    Qazaqstan Mining Company has calculated a mining plan for 2024-2031. The quarry area at the end of mining will be 7.79 hectares, depth – 77 m, bottom horizon – +180 m. The manufacturer is going to process raw materials at his own crushing and screening complex.

    In the first two years of operation of the enterprise, it is planned to build an evaporation pond on the site for the accumulation of quarry waters and their technological maintenance.

  • Kazakhstan, Macedonia Discuss Ways to Boost Trade Relations

    Kazakhstan, Macedonia Discuss Ways to Boost Trade Relations

    Kazakh Foreign Minister (FM) Murat Nortlu and current chairman of Organization for Security and Cooperation in Europe, and North Macedonian Foreign Minister (FM) Boyar Osmani discussed ways to strengthen trade relations, during their meeting in the capital, Astana.

    “The two sides agreed on the effective use of the resources of the Intergovernmental Committee for Trade and Economic Cooperation in order to maintain the pace of development of trade relations,” the Kazinform news agency quoted the minister as saying.

    He indicated that he agreed with Osmani to focus on promising sectors such as new technologies, energy, agriculture, mining and tourism, especially since sales of goods between Kazakhstan and North Macedonia increased in 2022 by 5.5 times.

    Nortlu emphasized that Kazakhstan could increase its commodity exports and mutual sales by $350 million.

    For his part, Osmani indicated that the OSCE attaches great importance to developing relations with Kazakhstan and Central Asia.