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ARTICLE · 09 AUGUST 2016

Historical Moment For Subsurface Users In Kazakhstan

Another subsoil use update is concentrated on the announcement of cancellation of the auction on subsoil use permits' purchase.

KazakhstanEnergy and Natural Resources
Colibri Kazakhstan LLP
Colibri Kazakhstan LLP

From the beginning of 2014 Kazakhstan begun the process of adoption of CRIRSCO-style reporting standards' development. Hence, in February 2016, it was announced by the Minister of the Committee of geology and subsoil use – Bazarbay Nurabayev, that the Government of Kazakhstan submitted membership application. This issue of Market Eyesight is dedicated to the mining updates in the Republic of Kazakhstan, including recently cancelled auction on 100 subsoil use fields.

In the frames of the 7 International Mining and Metallurgy Congress "Astana Mining & Metallurgy (AMM 2016), which took place in Astana city on June 14, 2016, Kazakhstan begun serving on the Committee for Mineral Reserves International Reporting Standards (CRIRSCO). In order to adopt the decision on inclusion, CRIRSCO delegation headed by the Chairman of the Committee – Harry Parker, reviewed and indorsed the Code on public reporting on geological exploration works results, mineral resources and KAZRC

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