Projects worth 780 billion tenge set to launch in gold mining industry

Projects worth 780 billion tenge set to launch in gold mining industry

13 projects will be implemented in Kazakhstan’s gold mining industry over the next three years. A total of 780 billion tenge in investments is planned for their implementation. Processing volumes are expected to exceed 20 million tonnes of ore, resulting in 21 tonnes of Dore alloy. Notably, such alloys are typically sent to refining plants. Overall, experts note that this will enable Kazakhstan to strengthen its position in the global precious metals mining market. Over the past ten years, 19 projects have been carried out in the country to build, modernize, and expand mining and processing plants. Their combined processing capacity exceeded 27 million tonnes of ore. A total of 460 billion tenge was invested in these initiatives, with the majority allocated to the construction of gold recovery plants at deposits in the Akmola and Abai regions.