Kazakhstan’s new legal and regulatory changes are part of a push for progress and are a step in the right direction in creating a simpler, more transparent and attractive environment for international investment in the mining sector.
At the turn of the year, officials in the Republic of Kazakhstan continued their push for progress in the mining and metals sector. In December, Kazakhstan ministers announced plans to invest some US$7 billion in 30 or so large-scale mining projects.
In order to attract international involvement—including investment—with a particular focus on encouraging enterprises from around the globe to engage the domestic mining sector, they also adopted amendments to laws and regulations relating to ownership and use of subsoil resources.
Originally published in the Mining Journal - 24 February 2015.
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