Kazakhstan Intent on Becoming a Top 10 Gold Producer

摘要

Despite low market prices for precious metals, Kazakhstan's government said it is not going to deviate from the development of its domestic gold industry; in fact, one of the main targets of the program is to elevate gold production sufficiently to boost Kazakhstan into the ranks of the 10 largest gold-mining countries within a decade. Albert Rau, vice minister for investment and development of Kazakhstan, said earlier this year that his country plans to increase gold production in 2016 by 6.3% to 60 metric tons (mt), and then aim for an increase of 31.6% to 75 mt in 2018-2019.