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Mining and Metallurgical Plant for the Development of Gold Deposits
Project ID:
90520252
Project Name:
Mining and Metallurgical Plant for the Development of Gold Deposits
Project Sector:
Mining & Metallurgy
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 and create more than 2,800 jobs in the region.
Project Phase:
Procurement & Construction
Investment Value:
1 800 000 000 $
Location:
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Start Date:
4/1/2021
End Date:
4/1/2040
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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
Sources
Publication/Revision Date:
5/9/2025