Economy • 11 March, 2020

Kazakhstan's investment opportunities in mining and metallurgy presented in Canada

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Kazakhstan presented the investment opportunities in the field of mining and metallurgy at the annual PDAC Exhibition and Conference in Toronto. The three-day industry event was attended by over 25 thousand people from 135 countries press service of Kazakh Invest reports.

Kazakhstan's delegation included the Vice Minister of Industry and Infrastructure Development Ruslan Baimishev, the representatives of KAZAKH INVEST, the Committee of Geology and Subsoil Use and KazGeoInform, KazGeology, TauKen Samruk, the AIFC as well as the representatives of the country's business circles.

During the event, the participants learnt about the prospects of mining and metallurgy development in Kazakhstan, measures of state support for investors as well as projects in the pipeline of KAZAKH INVEST.

At the forum, the representatives of the Kazakhstan's delegation conducted a series of bilateral meetings with the large companies from the USA, Canada and Russia, including Kinross Gold, Anglo-American, Freeport-McMoran, B2Gold, POLYUS, Forbes & Manhattan and others.

During the meetings, the representatives of foreign businesses showed interest in implementing projects for the development of gold, copper, nickel and rare metals deposits.

At the same time, the delegation conducted a meeting with the leadership of the provinces of Quebec and British Columbia for exchange of experience in the field of geological exploration and subsurface use as well as database management. The parties discussed state support measures for the industry development in Canada and possible ways of cooperation for the exchange of experience and the use of advanced technologies.



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