Kazakh gold miner Solidcore Resources Plc reported today that its gold-equivalent production in the first quarter of 2025 fell significantly by 42% to 68,000 ounces compared to the same period last year. The company attributed this sharp decline primarily to delays in shipping Kyzyl concentrate to Russia's Amursk pressure oxidation plant.
The Besapantau project represents a significant step forward in Uzbekistan's mining industry, showcasing the country's commitment to modernizing its mineral extraction capabilities and boosting its economic output through responsible resource development.
Kazakhstan will auction 50 mineral deposits in June, including gold, copper, and rare earths. Rights will be offered for exploration or extraction. U.S., EU, and Chinese firms are expected to compete as demand for critical materials grows.
The 15th MINEX Kazakhstan Forum showcases the country’s digital transformation in subsoil use and unveils new opportunities for foreign investors.
Kazakhstan to auction 50 mineral-rich sites in June; firms from the US, EU, and China expected to participate.