New approaches in MMC in modern realities

New approaches in the development of mining and metallurgical sector of Kazakhstan in the conditions of the existing realities will be determined at the 7th International Congress “Astana Mining & Metallurgy” AMM 2016, scheduled for June 15-16 in Astana. The large-scale event will allow to establish new business connections, exchange experience with foreign colleagues as well as to attract foreign specialists and investors to our country.

Despite the crisis, experts say - the volume of credit resources and social obligations of the system forming enterprises of MMC will not allow them to stop even under the most adverse situations, however, the new realities require new approaches not only in Kazakhstan, but also throughout the world. The main vector of the forthcoming Congress AMM 2016 – “New Approaches in MMC in modern realities” was dictated by these global trends.

Currently, the second phase of the State Program on industrial and innovative development for 2015-2019 is being implemented in Kazakhstan – in 2016 157 projects which cost about 900 billion tenge are planned to be launched. Mining and metallurgical complex of Kazakhstan is actively developing, attracting more and more interest from foreign and domestic investors.

This is also evidenced by joining KAZRC CRIRSCO Association in the future as recognition of Kazakhstan standards and increase the rating of the mineral and resource industry of the country. That will certainly give impetus to further development of the industry making it more appealing for investment. Lifting the veil of the news, we note that the formal ceremony of joining Kazakhstan’s Public Reporting Code on Exploration of Mineral Resources and Reserves CRIRSCO will be held at AMM 2016 Congress.

Nowadays AMM Congress is the main industry platform for interaction between government and business in MMC of Kazakhstan, which is established with the purpose to implement the orders of the Head of the State to increase the efficiency of industry events.

Each year the leaders of the industry participate in the event, in 2016 the companies such as ERG, Kazzinc Holdings, Kazakhmys, KAZ Minerals, ArcelorMittal, Aktobe Copper Company have already confirmed their participation.

The main objective of this world-famous industry event is the development of the entire mining and metallurgical industry of the country, experience exchange and identification of trends in the sector, introduction of innovations, attracting investors, building partnerships and the development of cooperation between the state, business and science.

The following are traditionally recognized as part of AMM:

- The Forum, this year the speakers of which will be the Prime Minister of Kazakhstan Karim Massimov, the Chairman of the Committee for Mineral Reserves International Accounting Standards Harry Parker, the Group CEO of “Polymetal International” Vitaly Nesis and other industry figures of authority;

- The exhibition of advanced technologies and innovations for companies of the mining and metallurgical industry;

- The “Golden Hephaestus” Award - national industry competition honoring the achievements of the specialists and companies of Kazakhstan in the sphere of MMC.

Earlier this year, the Vice Minister of Investments and Development of Kazakhstan Albert Rau said that in 2016 a tender for subsoil use right on 100 fields will be held in the framework of the International Congress “Astana Mining & Metallurgy 2016”.

It should be noted that the first public auction in the sphere of subsoil use by English method was carried out in the framework of AMM on December 3, 2015 - 39 sites were sold for the mining of gold, semi-precious stones as well as other non-ferrous and rare metals.

"We sold 39, while 45 were put up for auction. If to evaluate the starting conditions - it was 139 million tenge and we ended up with 1 billion 415 million tenge. As you know, six mining and metallurgical congresses have already been held. And we would like to hold an auction for 100 fields at AMM platform, 18 countries will be participating there”, - said Rau.

In addition to the auction the following are also the hallmark of AMM:

- Business meetings of B2B and G2B format with the delegates of the congress, allowing to hold talks with industry leaders;

- Innovative series, which this year will be represented by the companies such as Outotec, Micromine, McKinsey and others.

We would like to remind that in 2015 AMM Forum was attended by 686 delegates from 40 countries. On the main business platform of Kazakhstan in the sphere of MMC a number of important bilateral documents were signed. For example “Kazgeology” and “Korea Resources Corporation” agreed on joint projects on exploration of polymetals, as well as the agreement on joint exploration of base and precious metals was signed between “Kazgeology” JSC and “Ulmus Besshoky” LLP. As part of the Exhibition on technologies and innovations at AMM 2015 a new section “Made in Kazakhstan for MMC” was presented for the first time.

In 2018 in Astana on the basis of AMM Congress “World Mining Congress” will be held, Kazakhstan will be given the baton for holding it by Brazil in October 2016.

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