SUN Gold to build a $200-mln concentrating mill in Kazakhstan

ASTANA. July 1. KAZINFORM Today, Vice Minister of Industry and New Technologies of Kazakhstan Nurlan Sauranbayev and Director of SUN Gold Uday Khemka have signed a memorandum of cooperation within the framework of the Kazakh-British Business Forum in the Kazakh capital, Astana, Kazinform has learnt from "Kazgeology" JSC press service.

photo: QAZINFORM

SUN Gold, an emerging gold producer, is to introduce innovative technologies in Kazakhstan in the sphere of exploration and drilling. The company plans to construct and launch a concentrating mill worth $200 million in Aktobe region as well.

""Kazgeology" JSC and SUN Gold will cooperate on the basis of separate agreements made within the memorandum signed," the statement reads.