26.5 C
Belgrade
Supported byspot_img
spot_img

Kazakhstan Explores Collaborative Gold-Mining Ventures with Saudi Company

Member of Europium Groupspot_img
Supported byspot_img

Kazakhstan and the leading company in the field of gold mining and processing, Saudi Gold Refinery, intend to explore the possibilities of joint projects in the future, Trend reports.

This was stated during a meeting between the Minister of Industry and Construction of Kazakhstan Kanat Sharlapayev and the General Director of the Saudi Arabian company, Suliman Al-Othaim.

It was noted that joint projects will be aimed at strengthening the partnership between Kazakhstan and Saudi Arabia.

Supported by

At the end of the meeting, both sides expressed their intention to continue the dialogue.

Meanwhile, trade turnover between Kazakhstan and Saudi Arabia for 2022 amounted to $16.5 million, which is 90.5 percent higher than the previous year ($8.6 million).

The volume of exports from Kazakhstan to Saudi Arabia at the end of last year decreased by 14.2 percent and amounted to $4.7 million.

Imports to Kazakhstan from Saudi Arabia in 2022 increased 3.7 times and reached $11.8 million.

 

Source: trend news agency

Supported byElevatePR Digital

Related News

Mali signs lithium mining agreement with Ganfeng, eyes revenue boost

Earlier this week, Mali's economy minister announced a significant deal with China's Ganfeng Lithium regarding the operation of the Goulamina lithium mine. Under the...

IEA analysis calls for greater investment despite 2023 drop in clean energy mineral prices

Prices for key minerals used in clean energy technologies fell in 2023 as supply outpaced demand, easing pressure on the market. However, a new...

EQ Resources surpasses production records despite cyclone challenges

Despite recovering from the impact of cyclone Jasper, EQ Resources (EQR) celebrates a milestone in tungsten production at its Mount Carbine mine in Queensland....

Argentina’s mining resilience: Overcoming economic challenges to maintain investment allure

Argentina stands out as a compelling mining jurisdiction despite facing significant macroeconomic hurdles. The country's robust mineral potential and stable, investor-friendly mining policies continue...
Supported by
Supported by
Supported by
error: Content is protected !!