Kazakhstan extends key export bans to promote raw material processing and support local industries.
Solidcore’s Q1 gold output and revenue plummet due to sanctions-related delays and processing bottlenecks.
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.
Uzbekistan’s Navoiuran has signed a €9 million deal to transport uranium concentrate to France via Kazakhstan’s Logistic Centre.
“ERG is definitely not for sale,” stated Ibragimov, emphasiaing that there are no ongoing discussions about the sale of the company.
Kazakhstan will auction 50 gold and rare metal deposits online in June 2025, drawing global investor interest.
Kazakhstan led Central Asia in industrial output in 2024 with $106.8B and plans to launch 190 new projects in 2025 worth $1.5B, reinforcing its role as a regional manufacturing hub.
Kazakhstan’s gold mining giant Altynalmas unveils bold development strategy for Maikainzoloto, appoints new general director Daniyal Nabiev to lead the next phase of expansion.
Kazakhstan moves forward with its first nuclear power plant project, with potential Russian involvement and plans for two more plants on the horizon.
Kazakhstan’s premier mining forum sets the stage for major legal reforms and increased investment in sustainable mineral development.