Website: Kazakhstan.com

[vc_section][vc_row][vc_column][distance desktop_type=”30″][lvs][distance desktop_type=”30″][vc_btn title=”Source – MINEX Forum” color=”sky” i_type=”material” i_icon_material=”vc-material vc-material-perm_device_information” add_icon=”true” link=”url:http%3A%2F%2Fminexkazakhstan.com|target:_blank”][distance desktop_type=”30″][vc_column_text]Kazakhstan, known for its abundant subsoil and solid mineral resources, faces a critical challenge in its mining industry—the lack of high-quality geological exploration. As the country strives to attract foreign investors and foster economic growth, it has become evident that a new approach to mineral exploration is needed.

The Need for High-Quality Geological Exploration

Kazakhstan boasts rich subsoil resources; however, the task of locating and extracting these resources has been hindered by insufficient investment in geological exploration. Mining companies face challenges stemming from inadequate knowledge about potential mineral deposits, high taxes, and inconsistent government policies. The lack of a comprehensive and strategic approach to geological exploration has limited the growth and development of the sector.

The 13th Mining and Exploration Forum MINEX Kazakhstan 2023

The international forum held in Astana attracted 1000 participants from 30 countries, making it a prominent platform for addressing the challenges faced by the mining industry. The forum provided an opportunity for stakeholders to discuss the pressing issues and explore potential solutions. Arthur Poliakov, the Forum’s Chairman, emphasised the need for increased investment in geological exploration on an international scale. This sentiment was echoed by industry experts who acknowledged Kazakhstan’s vast mineral potential but stressed the importance of allocating resources and implementing effective policies to realize its benefits.

A New Policy for Subsoil Use

To unlock the full potential of its mineral resources, Kazakhstan needs to adopt a new policy framework for subsoil use. The speakers at the Forum expressed the need for a consistent and predictable approach from the authorities to attract foreign investment and encourage the establishment of new mining plants and enterprises. The government’s role in creating a stable tax regime and minimizing changes to taxation policies was highlighted as crucial for building investor confidence and ensuring long-term plans.

Efforts by the Ministry of Industry and Infrastructure Development

The Ministry of Industry and Infrastructure Development (MIIR) has recognised the decline in the geological industry and has initiated large-scale efforts to address the situation. MIIR has developed a comprehensive concept that focuses on geo-exploration, data digitalization, and the development of scientific research and infrastructure within the geological sector. A digital map, encompassing previously inaccessible information, is planned for completion and approval by the end of 2024. These initiatives aim to enhance the state’s presence and regional study, reducing risks and improving exploration and reserve replenishment processes.

Presidential Support and Tax Incentives

President Kassym-Jomart Tokayev has shown keen interest in the mining industry and proposed tax incentives to encourage the development of solid mineral deposits. The current taxation system has hindered the economic feasibility and profitability of exploring and developing new deposits. By introducing tax incentives, the government aims to unlock opportunities for job creation, city growth, and overall economic advancement.

Conclusion

Kazakhstan’s mining industry holds immense potential for economic growth and development. However, the lack of high-quality geological exploration, high taxes, and inconsistent government policies have hindered its progress. The 13th Mining and Geological Forum MINEX Kazakhstan 2023 highlighted the pressing need for a new policy framework, increased investment, and a stable tax regime to attract foreign companies and maximize the sector’s potential. Efforts by the Ministry of Industry and Infrastructure Development, coupled with presidential support for tax incentives, demonstrate a commitment to transforming the mining sector into a world-class industry that fuels Kazakhstan’s economic growth.[/vc_column_text][distance desktop_type=”30″][vc_btn title=”Subscribe to news digest” color=”danger” i_type=”openiconic” i_icon_openiconic=”vc-oi vc-oi-heart-empty” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fuser-subscriber-registration%2F|target:_blank”][distance desktop_type=”30″][/vc_column][/vc_row][/vc_section]

[vc_section][vc_row][vc_column][distance desktop_type=”30″][lvs][distance desktop_type=”30″][vc_btn title=”Source – MINEX Kazakhstan” color=”sky” i_type=”material” i_icon_material=”vc-material vc-material-perm_device_information” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fminedigital-kazakhstan-competition%2F|target:_blank”][distance desktop_type=”30″][vc_column_text]The 2nd MineDigital project competition was held during the MINEX Kazakhstan Forum and the Mining Goes Digital conference.

The objectives of the competition are to evaluate and present the most significant projects and technologies for digitalisation of geological, mining, and metallurgical enterprises of Kazakhstan in the period from 2021 to 2023.

The competition is aimed at the companies that implement solutions for digitalization and automation of production processes in the mining and metallurgical industry from the creation of digital cores to the construction of digital twins.

This year, the competition was supported by Alidada and Operex.

The projects submitted to the competition were evaluated by a competent jury.

The winners of the 2023 MineDigital competition are the following projects:

Bronze medalist

Project: Geminex™ – Technological digital twin for concentrators and metals

Project Representative: Nikolay Polshin,  Digital Solutions Expert, Metso Outotech, Central Asia

Silver medalist

Project: Real-time monitoring of particle size from each cyclone to optimize the production of pure metal in the grinding and beneficiation line

Project Representative: Esko Tahkola, Business Development Manager, Europe, CiDRA Minerals Processing

Gold medalist

Project: Optimization of flotation cycle control at the Bakyrchik mining enterprise using artificial intelligence on the brains.app platform

Project Representative: Tairzhan Salykov,  Head of Production and Technical Department, Polymetal Eurasia[/vc_column_text][distance desktop_type=”30″][vc_btn title=”Subscribe to news digest” color=”danger” i_type=”openiconic” i_icon_openiconic=”vc-oi vc-oi-heart-empty” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fuser-subscriber-registration%2F|target:_blank”][distance desktop_type=”30″][/vc_column][/vc_row][/vc_section]

[vc_section][vc_row][vc_column][distance desktop_type=”30″][lvs][distance desktop_type=”30″][vc_btn title=”Source – MINEX Forum” color=”sky” i_type=”material” i_icon_material=”vc-material vc-material-perm_device_information” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fquestion-for-organisers%2F|target:_blank”][distance desktop_type=”30″][vc_column_text]MINEX Kazakhstan, the most significant Forum on mining and critical raw materials developments in Central Asia, is taking place in Astana on 19-20 April. The event organised under the theme “Managing natural resources to accelerate national development” attracted over 500 delegates, including industry experts, government officials, and business leaders from 224 companies and organisations from 30 countries.

With more than 90 speakers and over 50 exhibitors, the Forum facilitates the exchange between industry experts, government officials, and business leaders on growth and progress drivers in the mining and geological industry in Kazakhstan and other countries of Central Asia.  

Summary of the second day of the Forum

The Government of Kazakhstan estimates that digital technologies could generate economic benefits in the region of twenty-five billion US dollars, with 9 billion USD in the mining sector alone.  These figures clearly show that digitalization has turned from a buzzword into an important tool for improving the efficiency of the mining industry. However, the 2017 analysis of the digitalization level of Kazakhstan’s mining enterprises revealed disappointing results. Many mining, processing, and metallurgical plants in the country date back to the Soviet era and lack modern equipment and communication networks. More than half of the mining enterprises were at the level of Industry 2.0. and had not yet reached full automation. Despite the challenges, the situation is gradually improving with the introduction of the Digital Kazakhstan state program in 2017, which aims to incorporate elements of Industry 4.0 across all sectors. Major players in the mining industry in Kazakhstan have made progress towards digitalization, with equipment ranging from 20-25% to 77-80%, enabling optimisation and automation of production processes. However, small, and medium-sized businesses still have room for improvement.

The second day of MINEX Kazakhstan Forum begins with the 2^nd Mining Goes Digital Conference featuring 18 presentations on cases and digitalisation technology that are revolutionising the mining industry in Kazakhstan.

At the conclusion of the Conference, the Forum continues with the session on the modernisation of Kazakhstan’s geology industry which plays a critical role in achieving long-term economic development and achieving its ambitious state plans. Given the vast areas of Kazakhstan, the effectiveness of geological forecasting and exploration largely depends on the use of advanced technologies, comprehensive analysis and the high competence of specialists. In line with this, the Kazakhstan Strategy, launched by the government in 2012, identifies social, economic, and political reforms aimed at placing Kazakhstan among the top 30 global economies by 2050.

The mainstream program of the Forum concludes with a session on Green Transformation, Climate, and ESG Management featuring 10 presentations by renowned experts and mining executives.

The mining and metallurgical industry is one of the three largest emitters of greenhouse gases. Green transformation, climate management, and mining waste management are important for protecting the environment and promoting sustainable development. The transition to carbon neutrality will require huge investments in new products and energy technologies.

Kazakhstan is taking steps toward promoting sustainable development and green transformation. The country has committed to reaching carbon neutrality by 2060. As part of this journey, it plans to accelerate the transition to renewable energy sources and plant two billion trees in the next five years to increase carbon absorption.  In addition, the new environmental code, effective in July 2021, makes climate change adaptation a legal norm for sectoral and regional policy planning. The 50 largest companies, accounting for 80 percent of emissions in Kazakhstan, are expected to upgrade to the best available technologies by 2025.

At this session, experts and industry representatives discuss the changes in environmental regulatory requirements and the ESG transformation of Kazakhstan’s mining industry.

Alongside the mainstream sessions, the Forum hosts a series of open business tracks related to the mining and geological industry, such as technologies for the optimisation of exploration of mineral and metals deposits, modernisation of production from exploration and processing, and technologies for the digitalisation of mining operations.

The culminating event of the MINEX Kazakhstan 2023 Forum will be the recognition of the winners of MineDigital’s 2nd competition for digital transformation technologies geared towards mining and metallurgical enterprises. 

The Forum materials

Presented materials and video recordings of the mainstream sessions, master classes, and open business tracks will be published after the 5^th of May and disseminated to the Forum participants

For further information please contact MINEX Forum Secretariat

E-mail: kz@minexforum.com  Tel: +7 717 269 68 36[/vc_column_text][distance desktop_type=”30″][vc_btn title=”Subscribe to news digest” color=”danger” i_type=”openiconic” i_icon_openiconic=”vc-oi vc-oi-heart-empty” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fuser-subscriber-registration%2F|target:_blank”][distance desktop_type=”30″][/vc_column][/vc_row][/vc_section]

[vc_section][vc_row][vc_column][distance desktop_type=”30″][lvs][distance desktop_type=”30″][vc_btn title=”Source – gov.kz” color=”sky” i_type=”material” i_icon_material=”vc-material vc-material-perm_device_information” add_icon=”true” link=”url:https%3A%2F%2Fwww.gov.kz%2Fmemleket%2Fentities%2Fmiid%2Fpress%2Fnews%2Fdetails%2F540575%3Flang%3Dru|target:_blank”][distance desktop_type=”30″][vc_column_text]The XIII MINEX Kazakhstan, Central Asia’s largest mining and exploration forum, is currently underway in the capital city, focusing on the development of the mining industry and critical raw materials in the region. The event is organized under the theme “Subsoil Use for the Benefit of National Development” and has attracted over 500 industry subsoil users, investors, and experts from 30 countries.

Key Government Government officials presenting at the Forum include Iran Sharkhan, Vice Minister of Industry and Infrastructure Development of the Republic of Kazakhstan, Deputy Minister of Foreign Affairs Almas Aidarov, and Chairman of the Geology Committee of the Ministry of Industry and Industry of the Republic of Kazakhstan Yerlan Akbarov.

The forum provides an opportunity for attendees to discuss challenges and growth drivers in the mining and geological industries in Kazakhstan and other Central Asian countries. They will also explore new technologies and advancements in subsoil use.

Iran Sharkhan highlighted the importance of Kazakhstan’s mineral resources and the success of the 2017 legal reform in attracting private investment in mineral exploration. The reform has led to the establishment of over 700 domestic junior companies in the industry and attracted major global players.

On May 26, the Ministry of Industry and Industry of the Republic of Kazakhstan plans to hold a pilot electronic auction granting the right to subsoil use for the extraction of solid minerals for 25 deposits, with the goal of attracting further investment.

Yerlan Akbarov, Chairman of the Geology Committee, presented information on the Concept for the Development of the Geological Industry of Kazakhstan until 2027, emphasizing the need for systematic measures to intensify geological exploration and outlining the main objectives of the document.

The XIII MINEX Kazakhstan Forum aims to promote the exchange of experience and knowledge between industry experts, government regulators, subsoil users, and investors.

The mining and metallurgical industry of Kazakhstan plays a significant role in the nation’s economy, employing over 273,000 individuals.[/vc_column_text][distance desktop_type=”30″][vc_btn title=”Subscribe to news digest” color=”danger” i_type=”openiconic” i_icon_openiconic=”vc-oi vc-oi-heart-empty” add_icon=”true” link=”url:https%3A%2F%2Fminexforum.com%2Fuser-subscriber-registration%2F|target:_blank”][distance desktop_type=”30″][/vc_column][/vc_row][/vc_section]