The Ministry of Industry and Construction has reported on key indicators in the field of subsoil use for the first 11 months of the current year, as conveyed by Kazpravda.kz with reference to the press service of the state agency.
This year, 19 deposits were auctioned off. The signing bonus from the auctions amounted to approximately 5.3 billion tenge.
The agency reminded that in November 2024, an auction for 25 deposits was announced.
Starting from January 2024, a complete transition to KAZRC standards for TPI has been implemented.
The auctions will take place on January 29, 2025, on the Unified Subsoil Use Platform e-qazyna.kz, where the entire process from submission of applications by investors to the issuance of licenses is fully automated.
It is noted that the transition to international reporting standards for resources and reserves of solid minerals (CRIRSCO) will enhance Kazakhstan's investment potential.