top of page
Search

Mining and Metallurgical Plant for the Development of Gold Deposits

Updated: May 1

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.

Current Status:Under construction; foundation capsule laid in April 2021

ree

Start Date:2021

End Date:2049

Investment Volume (USD):Approximately $1.8 billion

Location:Korday District, Zhambyl Region, Kazakhstan

Involved Companies & Details:

Monterra Qasaqstan LLP

  • Role: Project Operator

  • Address: 148 Baidibek Baba Street, Korday village, Korday District, Zhambyl Region, Kazakhstan

  • Phone: +7 (727) 291-16-75

  • Phone: +7 (701) 914-01-80

  • Email: info@monterra-group.com

  • Email: m.kassenova@monterra-group.com

  • Email: m.danbayeva@monterra-group.com

  • Director: Seidakhmetov Daulet Abdullayevich

  • Founding Entity: AO Monterra Group AG

  • Main Activity: Geological exploration (OKED 71122), production of precious metals (OKED 24410)


Representative Office of Monterra Qasaqstan LLP in Almaty

  • Role: Regional Liaison Office

  • Address: 5 Koshevoy Street, Medeu District, Almaty, Kazakhstan

  • Phone: +7 (701) 974-88-22

  • Director: Seidakhmetov Daulet Abdullayevich


Monterra Group AG


NC "KAZAKH INVEST" JSC

  • Role: Investment Support Agency

  • Address: 55/20 Mangilik El Ave., Building C4.1, Yessil District, Astana, Kazakhstan

  • Phone: +7 (7172) 620-620

  • Email: info@invest.gov.kz

  • Website: https://invest.gov.kz


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 (clickable & short):

Photo source: www.gov.kz

Comments

bottom of page