Kazakhstan increases gold production in 2016
Kazakhstan increased the production of raw, semi-finished gold and gold in the form of a powder up to 4.32 tons in January 2016, recording an increase of 9.4 percent over the same period in 2015, Kazakhstan’s Statistics Committee reported.
Kazakhstan produced 63.72 tons of raw, semi-finished gold and gold in the form of a powder in 2015, which is by 26.6 percent more than in 2014.
The production of raw, semi-finished silver and silver in the form of a powder amounted to 1,305 tons in Kazakhstan in 2015, which is by 32 percent more than in 2014.
Kazakhstan enjoys significant mineral resources such as zinc, copper, barite, steel, titanium, alumina, molybdenum, photosphate rock, copper, tungsten, silver, gold etc.
The country stands second after Russia among the CIS countries for quantity of mineral production.
Metals and mining industry accounts for 30 percent of the country’s income, according to the Kazakhstan’s statistics agency (ARKS).
Currently, the government implements the “Plan of development of rare-metal industries of mining and metallurgical complex of Kazakhstan for 2015-2019”.
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