Coal production volumes in Tajikistan disclosed

MINEX Forum | January 17, 2019
img0 More than 1.7 million tons of coal have been produced in January-November in Tajikistan, according to the Tajik Ministry of Industry and New Technologies. The ministry clarified that Tajikistan produces two types of coal – stone and brown. Moreover, according to official statistics, by the beginning of December, about 1.6 million hard coal was produced ...

Chaarat returns to Aim

MINEX Forum | December 19, 2018
img0 Chaarat Gold’s share price fell sharply following its readmission to London’s Aim market on Friday, after an eight-month suspension under the exchange’s reverse takeover rules. The company’s ordinary shares resumed trading at 11:30 London time, and fell 16% to 20.25p a share just before midday. Since its suspension on April 24, Chaarat has been transformed ...

MINEX Kyrgyzstan 2018 – media coverage

MINEX Forum | November 20, 2018
img0 The first MINEX Kyrgyzstan mining forum has taken place in Bishkek, and featured representatives of the government, the business community and international organisations. As the participants sought constructive dialogue and networking opportunities, KP was there to witness the event. The MINEX (Mining and Exploration) international project is a platform for commercial meetings, knowledge transfer, demonstrations ...

MINEX Kyrgyzstan 2018 summary

MINEX Forum | November 20, 2018
img0 MINEX Forum, a well-known mining events platform across Central Asia, Russia and Europe – for the first time this year has a round of the forum in Bishkek, the historic capital of Kyrgyzstan. MINEX Kyrgyzstan 2018 took place on 31 October and 1 November in Bishkek and focused on ‘Regional Development through Investment’. The Forum ...

Investment into Kazakh geology and subsoil use industry to be heavily incentivised, says minister

MINEX Forum | November 15, 2018
img0 The geology and subsoil use industry is a significant contributor to Kazakhstan’s economy, accounting for approximately 50 percent of investment inflow, and is undergoing major reform, said Kazakh Minister for Investments and Development Zhenis Kassymbek at a Nov. 13 government meeting. The recently adopted and implemented code on subsoil and subsoil use corresponds to international ...

Kazatomprom makes its debut in London after $3bn IPO

MINEX Forum | November 14, 2018
img0 The world’s biggest uranium producer Kazatomprom made its stock market debut on Tuesday after raising $450m from investors in London and Astana. On the London Stock Exchange its global depositary receipts — certificates which allow international investors to hold its shares — were trading at $12.00, up from the issue price of $11.60. The receipts ...

Kazatomprom IPO begins

MINEX Forum | November 14, 2018
img0 Conditional trading of shares in Kazakh uranium producer NAC Kazatomprom has today begun on the London Stock Exchange (LSE). The company is also due to float on the stock exchange of the Astana International Finance Centre (AIX). Kazakh sovereign wealth fund Samruk-Kazyna has offered 38,903,491 shares including global depositary receipts, or GDRs, representing 15% of ...

ArcelorMittal needs one month to restore Kazakh output

MINEX Forum | November 13, 2018
img0 ArcelorMittal Temirtau, a Kazakh unit of the world’s largest steelmaker, said on Monday it would take a month to restore output at its steel mill after an incident on Saturday prompted a partial suspension of operations. ArcelorMittal Temirtau, Kazakhstan’s biggest steel mill, said at the weekend that several gas pipelines had been damaged after a ...

Chaarat Gold says Centerra refused C$2B offer for firm, not just Kumtor

MINEX Forum | November 2, 2018
img0 Chaarat Gold Holdings (LON:CGH), the company that tried and failed to buy Centerra Gold’s (TSX:CG) Kumtor mine in Kyrgyzstan, revealed Wednesday the Canadian miner turned down an unconventional takeover offer, valued at about C$2 billion (roughly $1.52B), for the entire company. The Central Asia-focused gold miner last month proposed buying the Toronto-based company in an ...