Kazakhstan: uranium extracted at 13 deposits

Kazakhstan is one of the largest exporters of uranium in the world. NAC Kazatomprom JSC extracts uranium at 26 sites of 13 deposits in the Turkistan, Kyzylorda and North Kazakhstan regions. All of them are polygons where many wells are installed and uranium is leached from underground. The company itself is constantly looking for new…

Hungary: largest steel producer gets Chinese support for green upgrade

China’s CISDI Engineering has signed a memorandum of understanding with China Export and Credit Insurance Corporation (Sinosure) on underwriting 1.3 billion euros in financing for two 150-ton capacity electric arc furnaces it is supplying to Indian-owned Liberty Dunaujvaros, Liberty Steel Group reports. CISDI representatives announced the MoU during a visit to Liberty Dunaujvaros’s steelworks in…

Uzbekistan: projects in mining industry discussed with Cassa Depositi and Prestiti

Uzbekistan and Cassa Depositi and Prestiti (SDP S.p.A, Italian bank) discussed projects in the mining industry, the Ministry of Mining Industry and Geology reported. This topic was discussed during a meeting with representatives of the bank at the ministry. The parties also discussed the possibilities of establishing bilateral mutually beneficial cooperation. Following the meeting, the…

Kyrgyzstan: Minister of Natural Resources visits Kumtor mine

Acting Minister of Natural Resources, Ecology and Technical Supervision Azis Saparaliev visited Kumtor mine. During the visit, Azis Saparaliev inspected the central open pit, familiarized himself with the work of the gold extraction plant and visited the tailing dump. Kubanychbek Turdukozhoev, Vice President for Production at Kumtor Gold Company CJSC, said that currently gold-bearing ore…