The Prime Minister of Kazakhstan

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The procedure of exploration works to be simplified in Kazakhstan - Issekeshev

15 June 2016, 17:57

In Kazakhstan, for the next three years it is planned to double the market service company engaged in exploration, Minister of Investment and Development of Kazakhstan Asset Issekeshev has informed today during VII International Mining and Metallurgy Congress titled «Astana Mining & Metallurgy - AMM 2016".

"Together with international experts and the OECD the Code "On Subsoil and Subsoil Use " is being developed. As you know, the main purpose of the Code is transition to international standards. Here we have chosen the model of Western Australia on the basis of a simplified eligibility for exploration. There are so many directions," A. Issekeshev said.

He noted that in Western Australia there are about 15 thousand small junior companies involved in exploration.

"These are junior service companies, which represent the local small and medium businesses. Therefore, until the end of this year we plan to launch a number of pilot projects, space for this experiment. It is in the East Kazakhstan region, Arkalyk, Zhezkazgan, that is, we have especially in single-industry towns in the countryside. In the next three years we plan to double the market service company in Kazakhstan,” A. Issekeshev said.

In particular, the minister said that this year a pilot project with the 100 km around starts in the single-industry Stepnogorsk town.