Naperville, IL -- (SBWIRE) -- 08/21/2014 -- Reportstack, provider of premium market research reports announces the addition of Precious Metals Mining in Kazakhstan to 2020 market report to its offering.
Kazakhstans gold production was estimated at 1.6 million ounces (Moz) in 2013, up by around 15% relative to 2012. This is due to the ramp up of Kazzinc Ltds Vasilkovskoje mine a satellite of the Altyntau Kokshetau mine which produces the bulk of the countrys gold.
The report contains an overview of the Kazakh precious metals (gold, silver) mining industry together with the key growth factors and restraints affecting the industry. Further, it provides information about reserves, production, prices, competitive landscape, major active, exploration and development projects and the mining fiscal regime of the country.
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To gain an understanding of the Kazakh precious metals mining industry, the relevant drivers and restraining factors, reserves, historical and forecast production and the fiscal regime.
Kazakhstans mining and metal industry plays a vital role in the countrys economy, contributing around 19% towards the countrys GDP in 2012, as well as 16% to its total exports.
In 2012, Kazakhstan was the 12th largest global producer of silver and the second largest in the Commonwealth of Independent States (CIS) after Russia, contributing 19.2Moz.
The country currently has 61 mining and smelting projects, with a total investment of KZT1.5 trillion (US$10 billion).
In 2011, 11 projects resulted in investments worth KZT52.7 billion (US$351.9 million), as well as 2,700 new jobs.
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