Companies & Organisations
Samruk-Kazyna Reveals Valuation of ERG Stake Transfer
Samruk-Kazyna has valued its 40% stake in ERG at 697.7 billion tenge, gaining joint control over one of Kazakhstan's largest mining companies.
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13 published stories in this archive.
Companies & Organisations
Kazakhstan’s Samruk-Kazyna Fund Acquires 40% Stake in Eurasian Resources Group
Kazakhstan's Samruk-Kazyna Fund has acquired a 40% stake in Eurasian Resources Group, marking a significant shift in the company's ownership structure.
Companies & Organisations
Kazakhstan’s Ministry of Finance Transfers 40% Stake in ERG to Samruk-Kazyna Fund
Kazakhstan's Ministry of Finance has transferred its 40% stake in ERG to Samruk-Kazyna, aiming to bolster the national budget and streamline state asset management.
Companies & Organisations
Samruk-Kazyna Share Placement Worth $1.4 Billion Sparks Speculation Over Transfer of State’s 40% ERG Stake
Samruk-Kazyna's $1.4 billion share placement in exchange for undisclosed state property has prompted speculation that Kazakhstan's government is transferring its 40% ERG stake to the sovereign fund, with the transaction value matching…
Industry News
Kazakhstan Mining and Energy Companies Deploy AI to Improve Safety and Efficiency
Kazakhstan’s mining and energy companies are introducing AI systems to enhance worker safety, optimise operations and improve production efficiency.
Industry News
Kazakhstan to Draft Gas and Coal Power Development Plan as QazaqGaz Expands Exploration
Kazakhstan is accelerating gas exploration and planning new power capacity to secure long-term fuel supply for its energy sector.
Industry News
Kazakhstan’s Untapped Tungsten Reserves Draw U.S. Interest in Strategic Mining Deal
With over 2 million tons of tungsten reserves, Kazakhstan is emerging as a key player in global critical mineral geopolitics — and the U.S. is moving fast to secure a stake.
Companies & Organisations
Kazatomprom Retains Baa1 Rating Following Moody’s Review
Kazakhstan's national atomic company, Kazatomprom, has announced that its Baa1 rating with a stable outlook has been affirmed by Moody's Ratings, following a periodic review.
Industry News
Astana and Amman to Establish Joint Venture for Uranium Development in Jordan
"The Samruk-Kazyna group of companies is working on the joint development of uranium deposits in Jordan. Today, during the visit of Jordan's King Abdullah II, an agreement on cooperation will be signed…
Companies & Organisations
“Samruk-Kazyna” Reports Record Revenue Amid Shifts in Investment Strategy
Samruk-Kazyna's 2023 record revenue highlights strategic shifts and increased government interaction.