Kazakhstan: major mineral exploration project implemented

A major mineral exploration project is being implemented in Kazakhstan’s Karaganda region in cooperation with foreign investors. An Australian-UK concern, the name of which was not disclosed, allocated 9 billion tenges to search for minerals. The total exploration area is 17,000 square meters. The exploration is carried out at sections in Balkhash-Saryshagan and Korgantas regions.…

Ukraine: copper exports up in January-July 2018

In January-July Ukraine imported $51.894 million worth of copper and copper wares, up by 9.4% YoY.

According to the State Fiscal Service, exports grew by 38.5%, to $100.8345 million.

In July Ukraine imported $9.328 million worth of copper and copper wares, and exported – for $13.268 million. (Ukrainian metal)

Russia: copper exports growing

In January-April Russia exported 281.9 thousand tons of copper valued at $1922 million, up by 16.9% and by 43.1% YoY respectively.

Primary copper accounts for 80% of deliveries.

In April the average price was $6766 per ton, up by 24% YoY.

Copper wire rod price was $6558 per ton, up by 21.6%. (Ukrainian metal)

Russia: copper exports up in Q1 2018

In January-March Russia exported 218.7 thousand tons of primary copper valued at $1496 million, up by 15.2% and by 40.6% YoY respectively.

In March the average price of primary copper was $6739 per ton FOB Russian border, up by 19% YoY.

Copper wire rod (wire) price was $6769 per ton, up by 23.4%. (Ukrainian metal)

Kazakhstan: BAST to increase Maksut capacities

BAST intends to increase copper-nickel ore processing capacities at the Maksut deposits 3.5-fold, to 1.4 million tons per year. Additional capacities of 1 million tons will be constructed in 2019. BAST is negotiating the cooperation with a major trading company, specializing in metals. Their investments could amount to $8-10 million. This year BAST will process…

Russia: copper exports up in January-February 2018

In January-February Russia exported 152.6 thousand tons of primary copper valued at $1051 million, up by 23.1% and by 51.6% YoY respectively.

In February the average price was $6932 per ton of primary copper, up by 22.81% YoY.

The price of copper wire rod was $6785 per ton, up by 25.4%. (Ukrainian metal)

Kazakhstan: Japanese corporations eye mining sector

Japanese corporations are interested in joint projects with Kazakhstan on geological exploration of gold and copper, Kazakh Kazgeologiya said in a message. During the Japan-Kazakhstan business forum entitled “Investment opportunities in the regions of Kazakhstan” in Tokyo, the sides discussed investment projects in the mining and metallurgy, energy, chemical, and agrarian industries. Vice-Minister for Investments…