2.1 C
Belgrade
Supported byspot_img
spot_img

Kazakhstan increases the gold production in 2016

Member of Europium Groupspot_img
Supported byspot_img

Kazakhstan increased the production of raw, semi-finished gold and gold in the form of a powder up to 4.32 tons in January 2016, recording an increase of 9.4 percent over the same period in 2015, Kazakhstan’s Statistics Committee reported.

The refined gold production decreased by 34.2 percent to 1.52 tons during this period.

The production of raw, semi-finished silver and silver in the form of a powder decreased by 59.5 percent up to 42.35 tons in Kazakhstan during this period. The refined silver production also decreased by 59.5 percent and amounted to 42.24 tons in Kazakhstan.

Supported by

Kazakhstan produced 63.72 tons of raw, semi-finished gold and gold in the form of a powder in 2015, which is by 26.6 percent more than in 2014.

The production of raw, semi-finished silver and silver in the form of a powder amounted to 1,305 tons in Kazakhstan in 2015, which is by 32 percent more than in 2014.

Kazakhstan enjoys significant mineral resources such as zinc, copper, barite, steel, titanium, alumina, molybdenum, photosphate rock, copper, tungsten, silver, gold etc.

The country stands second after Russia among the CIS countries for quantity of mineral production.

Metals and mining industry accounts for 30 percent of the country’s income, according to the Kazakhstan’s statistics agency (ARKS).

Currently, the government implements the “Plan of development of rare-metal industries of mining and metallurgical complex of Kazakhstan for 2015-2019”.

 

Supported byElevatePR Digital

Related News

Current Accusations Against Tara Resources, the Concessionaire, Found to Be Unsubstantiated

The most likely outcome, if the concession agreement for the Brskovo mine is terminated, is that the concessionaire, Tara Resources, will initiate arbitration against...

Titan Lithium Plans Establishment of Lithium Processing Plant in the UAE

KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease...

Outdated 1872 Law Exempts Gold, Silver, and Lithium Mining on Federal Land from Royalties to the US Treasury

When Congress opened U.S. public lands for mining in 1872, the nation was less than a century old. Miners used picks, shovels and pressurized...

Allied Nations, Including US, Advance Rare Earth Recovery Initiatives in Response to China’s Dominance

Rare Element Resources is working to establish US-based rare earth production using innovative recovery and separation technology. Forty years ago, China understood something long before...
Supported by
Supported by
Supported by
error: Content is protected !!