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 15:28
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.