Toronto, March 2, 2025 — At the PDAC-2025 Conference, the Ministry of Industry and Construction of the Republic of Kazakhstan took centre stage with its “Meet Kazakhstan: The Power of Geology in the Ninth Largest Nation” forum. The event, held in Toronto, showcased the nation’s vast geological potential and highlighted sweeping reforms in the mining and metallurgical sectors aimed at attracting international investment.
A Vision for Modernization and Global Partnership
In an invitation issued by Minister Kanat Sharlapaev, Kazakhstan outlined its strategic priorities to modernize its mining industry. The forum underscored efforts to shift from the Soviet-era regulatory framework to a more efficient, transparent system—one that mirrors best practices seen in established mining nations such as Canada and Australia. The nation’s reforms include the adoption of advanced processing technologies, updated legislative measures, and the development of robust infrastructure, all designed to boost investor confidence and integrate Kazakhstan into the global value chain.
High-Level Panel Discussions Drive the Narrative
The session titled “Investment, Supply Chain Development and National Legislation” was moderated by Mr. Wael Jaber, Director of Mining and Metals Consulting at Wood Mackenzie. The panel featured influential voices including Mr. Gabidulla Ospankulov (Chairman of the Investment Committee of Kazakhstan’s Ministry of Foreign Affairs), Mr. Garth Kirkham (Chairperson, CIM Canada CRIRSCO), Mr. Michael Stanley (Mining Sector Lead, World Bank Group), Mr. Andres Blanco (CEO of Xcalibur Smart Mapping), and Mr. Timur Odilov (Partner, Haller Lomax).
Panellists explored a wide range of topics—from the integration of next-generation mapping technologies and data analytics in exploration to the critical role of international financial institutions in supporting infrastructure development. Mr. Ospankulov emphasised Kazakhstan’s unique geographic advantage as a bridge between Europe and Asia, which bolsters cross-border transportation and enhances the country’s appeal for foreign direct investment.
Reforming for a Competitive Edge
A recurring theme throughout the discussions was the overhaul of the nation’s mining legislation. Experts detailed how dismantling outdated Soviet-era regulations has paved the way for a modernized legal framework. This new approach offers incentives such as tax exemptions and streamlined investment support through initiatives like the “Kazak Invest One Stop Shop.” Such reforms are not only intended to attract major multinational corporations but also to foster the growth of junior mining companies and stimulate local supply chain development.
Michael Stanley of the World Bank Group noted that Kazakhstan’s regulatory clarity and commitment to transparency are key to ensuring that investors can confidently compare projects across borders, regardless of whether they are based in Kazakhstan, Canada, or Australia. The session also highlighted the emerging trend of integrating artificial intelligence into geological data analysis—a move that could accelerate exploration timelines and enhance resource evaluation.
Implications for the Global Mining Landscape
Kazakhstan’s proactive approach to mining sector modernization comes at a time when the global energy transition is reshaping resource markets. The forum not only illustrated the country’s abundant mineral reserves—including its position as one of the top five titanium producers globally—but also its readiness to engage with international partners to harness these resources responsibly and sustainably.
By fostering open dialogue, knowledge exchange, and strategic partnerships, Kazakhstan is positioning itself as a key player in the global mining arena. The insights shared at the forum are expected to catalyse deeper economic ties with the international community, ultimately transforming the nation into a magnet for mining and metallurgical investments.
For a closer look at the discussions, interested parties can view the session on YouTube here.
