The Chairman of the Management Board of Kazgeology JSC Almaz ABDYGALIMOV had a business trip to Germany

Within the official visit of the President of the Republic of Kazakhstan Kassym-Zhomart TOKAYEV to Germany on December 5-6, 2019, the Chairman of the Management Board of Kazgeology JSC Almaz ABDYGALIMOV has visited Berlin on a business trip.

During the trip, the main topic of joint discussion was a project for the exploration of non-ferrous and precious metals on Medine site in Karaganda region.

Medine is a joint project of JSC Kazgeology and Ulmus Fund B.V. It is implemented under the Memorandum of Understanding between National Agency for Export and Investment KAZNEX INVEST JSC and the German party to attract investment and new technologies in the mining sector of Kazakhstan economy for exploration and development of fields which are at an early stage of development, as well as to execute the interstate Partnership Agreement in the raw materials, industrial and technological fields between the Government of the Republic of Kazakhstan and the Government of the Federal Republic of Germany.

Following the trip, Kazgeology JSC and Ulmus Kazakhstan Partnership, the German company, have signed an agreement for joint exploration of non-ferrous and precious metals on Medine site in Karaganda Region.

Press service of Kazgeology JSC