A group of major Canadian companies visited Astana to discuss with Kazakhstani officials the launch of a US-Canada regional Mining Hub as part of the 13th Astana Mining and Metallurgy Congress on June 1-2, Astana Times newspaper reported on Tuesday, citing the Kazakh Embassy in Canada.
A special session was held to evaluate the potential, legal framework, and cooperation platforms for the US-Canadian companies operating in the mining sector of Kazakhstan, including Hatch, Cameco Corporation, Barrick Gold, Arras Minerals, Nutrien, Teck Resources, and B2Gold.
The US-Canada hub is expected to provide guidance and support for businesses in Kazakhstan and other Central Asian countries, as well as serve as a platform for direct dialogue between North American businesses and the host government and state-owned enterprises.
Canadian businessmen noted the progress of Kazakhstan’s subsoil use reforms and the government’s efforts to develop the geological industry, expressing that “the resource potential of Kazakhstan has not been fully exploited and Canadian companies, with their substantial experience and advanced technology, can assist in this process.”