Message
Drozhilovskoye Tungsten–Molybdenum Mining Project
Value
PROJECT ID
11032026
SECTOR
Mining & Metallurgy
PROJECT PHASE
Initiation & Feasibility
LOCATION
Kostanay Region, Kazakhstan
INVESTMENT VALUE
$ 2400 M
Active
Verified
Updated: 2 Days ago
Publication: May 8, 2026
Project Description
The Drozhilovskoye project is a large-scale mining development focused on the extraction of tungsten and molybdenum ores, with associated beryllium mineralization. The deposit is located in northern Kazakhstan and is considered one of the notable tungsten resources in the region.... Read more
Involved Companies & Contacts
Involved Companies & Contacts
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PARTY 1 - Involved Companies & Contacts
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Other important details
QazMoly Limited is responsible for exploration, mine development planning, project financing coordination, and future production operations.
AltynGold PLC is the parent company of QazMoly Limited. Board members include Kanat Assaubayev, Aidar Assaubayev, and Sanzhar Assaubayev. The company operates mining assets in Central Asia and is part of the broader mining investment network linked to the Assaubayev family.
Fosbury Capital acts as the intermediary between the mining project and international financing institutions, including EXIM.
Hudson Sandler LLP (Public Relations partner of AltynGold PLC)
Charlie Jack - Partner, Head of Central Asia & Natural Resources at Hudson Sandler LLP. Mentioned in documents of AltynGold PLC as the contact person for information.
Email: cjack@hudsonsandler.com
Email: altyngold@hudsonsandler.com
Phone:+44 (0)207 796 4133
Kristina Gaysina – Client Director at Hudson Sandler. Mentioned in documents of AltynGold PLC as the contact person for information.
Email: kgaysina@hudsonsandler.com
Email: altyngold@hudsonsandler.com
Phone: +44 (0)207 796 4133
Sources
Publication Date
3/11/2026