Kazakhstan's forecast geological reserves reach USD 9 bln

ASTANA. KAZINFORM "Forecast geological reserves of Kazakhstan reached USD 9 bln," Vice Minister of Industry and New Technologies of Kazakhstan Nuraln Sauranbayev.

photo: QAZINFORM

"The point at issue is that there are precise figures reflecting the minerals placed on the balance sheet. There is a notion as the forecast reserves. So geologists multiplied the reserves by the current prices to get about USD 9 bln. The same time I would like to not the country boasts a huge potential," he added at the Central Communications Service in Astana.