Kazgeology and Rosgeo Signed a cooperation agreement

Today, May 17, 2019 Almaz Abdygalimov and Sergey Gorkov, Chief Executive Managers of JSC “National Exploration Company “Kazgeology”
and Rosgeo JSC signed a Cooperation Agreement with respect to solid minerals exploration within the Republic of Kazakhstan and Russian Federation.

Signing took place within the framework of a business program of XII Astana Economic Forum “Inspiring Growth: people, cities, economies” on the platform of The Third Annual Kazakhstan Global Investment Roundtable.

The managers of geological companies discussed cooperation options considering boundary regions of ore clusters. A specific representative office of Rosgeo will be founded in Kazakhstan to implement these options, as well as the joint Work Group will be established to select perspective subsurface sites for detecting crude ore minefields, performing preliminary analysis of geological information and elaborating recommendations with respect to geological prospecting works.

In general, as stated by S. Gorkov, Rosgeo is ready to invest into geological prospecting works within Kazakhstani territory.