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Denis Ten stock photo
Denis Ten won gold in Turkey Istanbul Cup

Kazakhstan professional figure skater Denis Ten won gold at the Istanbul Cup in Turkey.

Denis Ten won gold in Turkey Istanbul Cup
Photo courtesy of vnokaute.com
Kazakhstan sportsmen won 20 gold medals in the Jujitsu World Championship in Peru

Kazakhstan fighters won 20 gold medals in the Jujitsu Worlds. The Federation is striving to get sponsor's and government support.

Kazakhstan sportsmen won 20 gold medals in the Jujitsu World Championship in Peru
Photo courtesy of deswal.ru
January – October net gold and currency reserves figures announced

The figure made up $32.065 billion.

January – October net gold and currency reserves figures announced
Gregory Marchenko. ©Vladimir Dmitriyev
National Bank to double the share of gold in gold and currency reserves

When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.

National Bank to double the share of gold in gold and currency reserves
Photo courtesy of deswal.ru
January – September net gold and currency reserves figures announced

Assets of the National Oil Fund as of the end of September stood at $40.018 billion.

January – September net gold and currency reserves figures announced
Muay Thai fighter. ©Reuters
Kazakhstan Muay Thai team won three gold medals at World Championship in Tashkent

Kazakhstan national Muay Thai team brought three gold medals from the World Championship in Tashkent.

Kazakhstan Muay Thai team won three gold medals at World Championship in Tashkent
©REUTERS/Chris Wattie
British company bought two gold mines for $5 million in Kazakhstan

Hambledon Mining acquired 100 percent of Kazakhstan’s Akmola Gold that has two gold-mining projects at the territory of Kazakhstan.

British company bought two gold mines for $5 million in Kazakhstan
Photo courtesy of deswal.ru
National Bank to exercise preemptive right to buy out all produced gold for 2-3 years to come

When commenting on the reasons behind the Bank’s decision to exercise its preemptive right to purchase Kazakhstan-produced gold, Mr. Marchenko pointed to lack of transparency in gold exports following the liberalization of the national market of precious metals.

National Bank to exercise preemptive right to buy out all produced gold for 2-3 years to come
REUTERS/Petr Josek Snr©
January – August net gold and currency reserves figures announced

Assets of the National Fund alone as of the end of August stood at $40.35 billion, 30.25% up from the start of the year.

January – August net gold and currency reserves figures announced
©nationalbank.kz
PHOTO: National Bank issued Al-Farabi and Aldar-Kosse coins

Kazakhstan National Bank issued Al-Farabi golden coin and Aldar Kosse silver coin.

PHOTO: National Bank issued Al-Farabi and Aldar-Kosse coins
Kazakhstan to buy out export gold
Kazakhstan to buy out export gold

Kazakhstan will replenish its gold reserves by means of buying out gold meant for export.

Kazakhstan to buy out export gold
Photo courtesy of deswal.ru
Gold production rising

Gold production output in Kazakhstan in January – July grew 48.3% as compared to the like period of 2010, the State Agency for Statistics reports.

Gold production rising
REUTERS/Petr Josek Snr©
Net gold and currency reserves grow

Net gold and currency reserves of the Kazakhstan’s National Bank grew by 31.44% from January to July, making up $36.3 billion as of the end of July.

Net gold and currency reserves grow
Photo courtesy of press-service of Prime-Minister of Kazakhstan
PHOTO: Massimov attended Junior Boxing Championship in Astana

Prime-Minister of Kazakhstan took part in the ceremony of awarding the gold medal to Bekzhan Kibitkaliyev who won in 54kg category.

PHOTO: Massimov attended Junior Boxing Championship in Astana
REUTERS/Petr Josek Snr©
Gold production output in H1 2011 60% up

According to the State Agency for Statistics, gold production output in Kazakhstan in the H1 2011 grew by 60% as compared to the like period of 2010.

Gold production output in H1 2011 60% up
REUTERS/Petr Josek Snr©
Aggregate gold and currency reserves of Kazakhstan 24.5% up since January

The figure made up $73.3 billion as of the end of June.

Aggregate gold and currency reserves of Kazakhstan 24.5% up since January
Photo courtesy of deswal.ru
President Nazarbayev mulls state-owned gold refinery

In terms of gold production we have set a goal to produce 70 tons a year. We will be the 2nd after Russia in the post-soviet space: Nazarbayev.

President Nazarbayev mulls state-owned gold refinery
REUTERS/Petr Josek Snr©
Kazakhstan considers a 3rd gold refinery

The project could be implemented either solely by the state or in partnership with private investors: Vice Prime Minister and Minister of Industry and New Technology Asset Issekeshev.

Kazakhstan considers a 3rd gold refinery
REUTERS/Petr Josek Snr©
Gold and currency reserves grew by 31% in January-April to $36.4 billion

In April, gold and currency reserves grew by 5.14%, with net currency reserves growing by 4.92% and gold reserves growing by 7%.

Gold and currency reserves grew by 31% in January-April to $36.4 billion
RIA Novosti©
Kazakh company to pay $5 million to Kyrgyzstan

Summer Gold will pay $5.1 million to Kyrgyzstan for delays in construction of a gold plant. Kyrgyz government intentionally hindered construction, the company says.

Kazakh company to pay $5 million to Kyrgyzstan