Gold production risingGold production output in Kazakhstan in January – July grew 48.3% as compared to the like period of 2010, the State Agency for Statistics reports.
15 August 2011
Net gold and currency reserves growNet 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.
Gold production output in H1 2011 60% upAccording 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.
Kazakhstan considers a 3rd gold refineryThe 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.
Kazakh company to pay $5 million to KyrgyzstanSummer Gold will pay $5.1 million to Kyrgyzstan for delays in construction of a gold plant. Kyrgyz government intentionally hindered construction, the company says.