Mining and Metallurgical Plant for the Development of Gold Deposits
PROJECT ID
90520252
SECTOR
Mining & Metallurgy
PROJECT PHASE
Procurement & Construction
LOCATION
Jambyl Region, Kazakhstan
START DATE
4/1/2021
END DATE
4/1/2040
INVESTMENT VALUE
$ 1800 M
Active
Verified
Last Updated: 25 April 2026
Publication: 9 May 2025
PROJECT DESCRIPTION
This project involves the construction of a mining and metallurgical plant in the Korday district of Zhambyl region, Kazakhstan. Monterra Qasaqstan LLP, a subsidiary of Germany-based Monterra Group AG, is spearheading the initiative. The facility is designed to produce up to 10 metric tons of gold per year in doré alloy, sourced from the Karatas–Maybulak deposit. Development will occur in three stages and the site covers 300.5 hectares allocated by the regional government. The plant will use the Albion Process technology to handle complex gold ores with carbon, arsenic, and polymetals. The enterprise is expected to operate for over 25 years a... Read more
Involved Companies & Contacts
INVOLVED COMPANIES & CONTACTS
COMPANY 1 INFO
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COMPANY 2 INFO
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COMPANY 3 INFO
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Location
Locations shown on the map are for indicative purposes and may vary from actual locations.
Other important details
Resource base: Karatas–Maybulak gold deposit
Production capacity: up to 10 tons of gold in doré alloy annually
Technology: Albion Process for refractory ores
Land: 300.5 hectares allocated
Employment: 2,000–2,800+ jobs expected
Environmental commitment: compliance with EU and Kazakh ecological standards
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