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ARTICLE · 05 MARCH 2020

Mining Law 2020: Kazakhstan

The mining sector plays an important role in the Kazakh economy, at 13-14% of the country's GDP and more than 20% of its exports.

KazakhstanEnergy and Natural Resources

1. General Framework

1.1 Major Features

The mining sector plays an important role in the Kazakh economy, at 13-14% of the country's GDP and more than 20% of its exports.

The Kazakhstan state balance takes into account mineral reserves for 102 types of mineral raw materials, including 40 types of solid minerals.

If compared with world reserves, Kazakhstan ranks:

  • first in terms of total reserves and quality of chrome ores (according to the US Geological Survey, 86% of the world's reserves of chrome ores are in Kazakhstan and South Africa);
  • second in terms of reserves and resources of uranium and silver;
  • third for confirmed reserves of lead and proven reserves of manganese ores;

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