Ore mining sector of Kazakhstan entered new stage of its development

The Government of Kazakhstan approved the Program of Mining and Metallurgical Industry Development of Kazakhstan for 2010-2014 for the purpose of realization of the set tasks. The main task for development of the sector will be establishment of new processing enterprises in metallurgical industry. These enterprises will focus on production of products with high added value. They will also ensure the promotion of these products to foreign markets and meet the requirements of domestic market.

Within the Forced Industrial-Innovative Development Program, a launch of investment projects on increasing labor productivity of Akbakaysky gold mining plant was conducted in 2011.

Thus, an investment project 'Akbakaysky cluster' on processing of gold-containing ore is under realization now in Zhambyl region. Advanced technologies on processing of gold-containing ore will be used at the plant and it is called on to increase the productivity of the plant. The cost of the project is KZT 8.140 mln. 450 thousand jobs will be created within the implementation of the project.

Besides, within the Industrialization Program, a mine at the deposit field in Priozerskoe village was built. The deposit field is expected to have 36.8 mln tons of copper-zinc ore, 376 thousand tons of copper and 1427 thousand tons of zinc. The productivity of the mine is 1.5 million tons of ore a year. KZT 16.646 mln is allocated for realization of this project. Around 500 people will be employed at the mine. Kazinform cites the official site of the Prime Minister of Kazakhstan. See www.pm.kz