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The most promising rare-earth metal deposits in Kazakhstan may be situated in central and eastern regions of the country - the ones dealing with the mining industry, Ramin Kazymov said...
Kazakhstan's central bank will start selling dollars in a way that mirrors the regulator's gold purchases from domestic producers after the national currency hit a record low this week....
Kazakhstan's cenbank to sell $800 mln to $900 mln in FX in Dec ALMATY, Dec 2 (Reuters) - Kazakhstan's central bank said on Monday it plans to sell $800 million to $900 million in foreign currency from the rainy-day National Fund in December to finance a transfer to the state budget. The central bank sold $1.26 billion in foreign currency from the National Fund on the domestic market in November for the same purpose, plus $133.8 million to finance the fund's purchase of a stake in Kazatomprom KZA...
Kazakhstan's cenbank to sell $800 mln to $900 mln in FX in Dec ALMATY, Dec 2 (Reuters) - Kazakhstan's central bank said on Monday it plans to sell $800 million to $900 million in foreign currency from the rainy-day National Fund in December to finance a transfer to the state budget. The central bank sold $1.26 billion in foreign currency from the National Fund on the domestic market in November for the same purpose, plus $133.8 million to finance the fund's purchase of a stake in Kazatomprom KZA...
Canada's Uranium Mining Boom Positions It To Overtake Kazakhstan As Top Producer
Canada was the world's top uranium producer for years until Kazakhstan dethroned it in 2009. Fast forward to 2022, and Canada held the second spot, pumping out 15% of the global supply. By 2023, Canada became the top uranium supplier to the US, delivering 27% of total deliveries. With uranium prices soaring in the last several years, primarily because of the 'Next AI Trade' theme (laid out for pro subs), Canada's uranium mining boom could lead it to reclaim the top spot.
A new report from Bloomberg highlights that Canada's Saskatchewan province is the epicenter of the country's uranium mining boom:
What Saskatchewan has, though, is uranium. Lots of uranium. The bedrock is so loaded with it that the area around just one stretch of the lake, it is believed, could generate enough nuclear energy to power more than 40 million homes for a quarter century.
Cameco and Cameco/Orano operate several active mi...
Seit den 1990er Jahren ist Glencore am Zinkproduzenten Kazzinc beteiligt. Der Konzern erwägt offenbar einen Ausstieg aus dem zentralasiatischen Land. Was steckt dahinter?...