Market Report, "Kazakhstan Mining Report Q3 2012", Published
We expect Kazakhstan's mining industry value to reach US$36bn by 2016, down from our previous forecast in light of our view of an overall decline in commodity prices. Growth will be led almost entirely by the coal, iron ore and copper sectors, which together account for the majority of the value of Kazakhstan's mining industry, though we also note extremely strong growth in gold production. Copper production is also a bright spot in the country given aggressive expansion plans by...
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