Kazakhstan Chamber of Commerce in the USA

KazCham


Rio Tinto starts exploration of copper-porphyry ores in Kazakhstan

Posted on August 23, 2015 by KazCham

Colibri Law Firm

In February 2013, Kazgeology and Rio Tinto signed an agreement on the establishment of two joint ventures that involve the exploration of large deposits in two areas of the Karaganda region, namely Balkhash Saryshagan and Korgantas.

In February 2015, they created a joint venture for the Korgantas project, and field works in the Korgantas area will start this year.

The purpose of the Korgantas project is the exploration, discovery and evaluation of economically viable copper and metal deposits sufficient for large-scale and long-term operation.

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