News about gold
IBM to help Kazakhstan produce gold
IBM started cooperating with Altynyau Resources gold-producing factory.
24 July 2012
Share of gold in National Bank’s reserves exceeded 16%
According to the National Bank, the pre-emptive right to purchase all gold produced within Kazakhstan enabled to purchase 5.3 tons of gold, with another 11.8 tons purchased in the H1 2012.
11 July 2012
Guyana suspends gold, diamond mining permits
The South American country of Guyana said Friday it had suspended the granting of new permits to mine for gold and diamonds in rivers because of concerns over widespread pollution.
07 July 2012
19 out of 29 gold-mining companies pledge to supply gold to the Astana refinery
In August 2011 the National Bank announced it would be exercising its preemptive right to purchase gold to be produced within Kazakhstan.
04 July 2012
Olympics: Italian legend seeks sixth gold
Italian veteran Valentina Vezzali will seek to bring the curtain down on her career at the London Games by claiming a record sixth fencing gold.
04 July 2012
National Bank’s gold and FX reserves figure announced
Since the start of the year the net gold and FX reserves have grown by 19.93%.
07 May 2012
Kazakhmys sold gold worth $115 million to Kazakhstan National Bank
Kazakhmys corporation sold gold worth $115 million to Kazakhstan National Bank in the first quarter of 2012.
27 April 2012
National Bank purchased 20 tons of gold since November 2011
As of March 1, 2012 the Bank’s gold and currency reserves made up $35.352 billion, with the currency reserves standing at $30.072 billion.
15 March 2012
Kazakhstan boxers won 9 medals in Baku tournament
Kazakhstan boxers gained 9 medals in the Great Silk Road-2012 tournament that was held in Baku.
12 March 2012
Kazakhstan athletes won two gold medals in Asian Wrestling Championship
Kazakhstan Women's Wrestling team won two gold medals in Asian Championship in South Korea.
29 February 2012
National Bank statistics
Assets of the current 38 second-tier Kazakhstan’s banks as of January 1, 2012 made up $86.5 billion, growing by 6.5% throughout 2011.
07 February 2012
2011 gold and currency reserves announced
Assets of the National Oil Fund as of the end of December totaled $43.693 billion, 41.04% up against the end of 2010.
09 January 2012
Denis Ten won gold in Turkey Istanbul Cup
Kazakhstan professional figure skater Denis Ten won gold at the Istanbul Cup in Turkey.
21 December 2011
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.
25 November 2011
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.
22 October 2011
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.
09 October 2011
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.
28 September 2011
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.
16 September 2011
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.
08 September 2011
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