Kazakhstan: Laramide withdraws from uranium deposit development project due to Kazatomprom’s increased stake

Canadian mining company Laramide Resources announced the termination of its agreement with Aral Resources for the Chu-Sarysu uranium deposit development project in Kazakhstan. Laramide Resources cites changes to subsoil use legislation, approved by the President of Kazakhstan on December 26, 2025, as the main reason for its withdrawal from further participation in Kazakhstani projects. The…