Reserves of minerals in Kazakhstan estimated at $9.1 trillion
Kazakhstan, Astana, April 18 / Trend, D. Mukhtarov /
Reserves of essential minerals in the bowels of Kazakhstan are estimated at over $9.1 trillion, Kazakh National Geological Exploration Company Kazgeology managing director Berikbol Khamzin said on Wednesday.
"In Kazakhstan, the bulk of the minerals account for ores of ferrous metals and hydrocarbons," Khamzin said addressing the third mining Forum MINEX in Astana.
He said the expected resources of Kazakhstan's mineral bowels are estimated at $45 trillion, while ores of ferrous metals and hydrocarbons are of basic value.
"For its proven mineral reserves Kazakhstan is among the top 10 countries. However, at high quantitative indicators there is some lag in the qualitative indicators. However the chromium, manganese, uranic and gold-bearing ores of Kazakhstan are characterised by a high content of basic raw materials," he said.