Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – April 12, 2011

Posted on April 12, 2011 by KazCham

HEADLINES:

Kazakhstan names new foreign, economy and agriculture ministers amid reshuffle
(SRI) – Kazakhstan appointed new foreign, economy and agriculture ministers amid a government reshuffle following the reelection of the long-time leader Nursultan Nazarbayev as President last Sunday.

Assaubayevs, Polyus reach deal over KazakhGold
(SRI) – Polyus Gold, Russia’s biggest gold producer, and Kazakhstan’s AltynGroup reached an agreement on the sale of KazakhGold’s operating assets after almost a year of dispute.

ENERGY:

KMG EP buys four exploration blocks from parent firm
(SRI) – KazMunaiGas Exploration Production (KMG EP) has agreed to acquire four exploration blocks from its parent company KazMunaiGas for a total of $40 million.

Max Petroleum sees success in Kazakh well appraisal (Oil and Gas Eurasia)

Raising excise duties on oil products not a priority – official (Interfax)

BUSINESS AND ECONOMY:

Kazakh GDP grows by 6.5% in Q1 (SRI)

Indicators – April 11, 2011 (Reuters)

METALS AND MINING:

Frontier Mining completes acquisition of Coville (Proactive Investors)

POLITICS:

Kazakh presidential adviser hints at new party (AP)

In Kazakhstan, a good old-fashioned sham election (New York Times)

Kazakhstan’s fictional democracy (Washington Post)

SOCIETY:

Goga strikes it rich in Kazakh gold deal (Telegraph)

SOURCE: http://silkroadintelligencer.com/2011/04/12/kazakhstan-daily-news-roundup-april-12-2011/

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