Kyrgyzstan: Russia to invest $30 million in re-launch of KBMP and uranium mining

Central Asian Uranium Company will invest in Kara-Balta Mining Plant OJSC (KBMP) and uranium mining at Kyzyl-Ompol deposit. Representative of Russian shareholders Andrey Akimov, General Director of KBMP Daniyar Isakov and Vladimir Popov, the main shareholder of the Central Asian Uranium Company, announced at the Kyrgyz-Russian Interregional Conference. According to them, with the support of…

Ukraine: Novokonstantinovskaya mine to increase uranium output

The investment project “Novokonstantinovskaya mine. Manufacturing capacities development” will help decrease the dependence of the domestic nuclear energy on foreign suppliers of uranium products. The project will also improve the efficiency of uranium oxide concentrate manufacture by VostGOK. In particular, the mine will increase extraction from 200 to 500 thousand tons per year, and the…

Kazakhstan: country to remain uranium-mining leader

Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation on the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev. “Now there is an oversupply of uranium and this trend continues,” he told the extended board meeting of the Ministry of Energy. According to the ministry’s press service, in 2018,…