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AU$4,388.75/ozAGEUR 1,780.60 / 1,957.50/kgCU$14,850.00/tAL$3,272.00/tNI$16,670.00/tZN$3,855.00/tPB$1,851.50/tSN$56,225.00/tAU$4,388.75/ozAGEUR 1,780.60 / 1,957.50/kgCU$14,850.00/tAL$3,272.00/tNI$16,670.00/tZN$3,855.00/tPB$1,851.50/tSN$56,225.00/t
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Eurasia edition18 Aug 2026Daily briefingSearch
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Companies & Organisations

Tascara Resumes Precious Metal Mining in East Kazakhstan

Tascara LLP revives mining at its East Kazakhstan deposit, aiming for sustainable development with a new extraction plan.

The mining company Tascara LLP has announced plans to resume precious metal extraction at the Tascara deposit in East Kazakhstan, a site that has remained dormant for several years. Initially developed during the Soviet era, the deposit is now the focus of a new project submitted to Kazakhstan’s Unified Environmental Portal for regulatory review.

The original development plan, crafted by the GINalmazzoloto Institute in 1990, involved mining through sublevel drifts and ore extraction via upward drilling fans. The current plan continues with underground mining methods, reflecting the limited remaining reserves at the site. Mining operations are projected to run from 2027 to 2029, preceded by two years of preparatory works.

To date, Zone I of the deposit has been mined to a depth of 190 meters, while Zone III reaches 84 meters. Remaining reserves include 93,863 tons of ore, with an average gold content of 6.2 g/t and silver content of 3.9 g/t. The company plans to extract over 31,000 tons of ore annually.

Additionally, Tascara intends to submit a separate proposal for constructing a gold extraction plant to process the mined material, marking a significant step toward expanding its operations in the region.

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