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Project Description
Central Asia Mining Co LLP plans to extract gold and silver at the Zholbarsty and Shovan deposits, which are part of the Kamystinsky ore field in the Suzak district of the Turkestan region. The total gold reserves amount to more than 900 kg. The start and end dates for development with advanced operational exploration are 4 years: the beginning is 2025, the end is 2029," says a non–technical summary posted for today's public hearings on the project. Mining operations will be carried out 60 km northeast of the Shalkiya zinc mine and 75 km from the railway station and the district center of Zhanakorgan, to which the mine is connected by road. The company plans to carry out drilling and blasting operations and extraction of precious metals all year round in two shifts of 12 hours each. The work will be carried out in shifts.
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Initiation & Feasibility
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Start Date:
10/1/2025
End Date:
1/1/2029
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Other important details
The plan provides for the development of the remaining balance reserves of gold and silver ore deposits by underground method. According to the protocol of the State Committee on Reserves (GKZ) dated 2014, the balance reserves for the Zholbarsty and Shovan fields were: Zholbarsty — C1 – 57.7 thousand tons of ore or 229.5 kg of gold and 1.4 tons of silver, C2 -176.7 thousand tons or 606 kg of gold and 4.7 tons of silver, Shovan C1 – 2.8 thousand tons or 41.8 kg of gold and 0.3 tons of silver, C2 — 115.4 thousand tons or 340.2 kg of gold and 8.3 tons of silver.
Bakytzhan Seitzhan is the first head of Central Asia Mining Co. The co–owners of the company are Financial Commercial and Industrial Corporation Ontustik LLP and Project Solution KZ LLP. Co-owners of Financial Commercial and Industrial Corporation Ontustik LLP: Zhanna Seitzhanova, Kanshaim Seitzhanova, Baurzhan Seitzhanov, Bakytzhan Seitzhan, Serikzhan Seitzhan. The sole owner of Project Solution KZ LLP is Karina Arakelyan.
Publication/Revision Date:
10/15/2025