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Kazakhstan

Kazakhstan is widely recognized as one of the most prospective countries in the world for a variety of metals, ranking globally in the top 10 for copper production. Despite its vast mineral wealth, the region has remained significantly under-explored since the 1980s, presenting a rare and massive opportunity for modern exploration.

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Today, Kazakhstan is a top-tier mining jurisdiction that actively encourages foreign investment. Key advantages include:

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  • Modernized Mining Laws: In 2018, Kazakhstan reformed its sub-soil minerals code, transitioning to a licensing regime modeled after Western Australia, which significantly reduced administrative burdens for exploration companies.

  • Strategic & Established Infrastructure: Strategically located between Asia and Europe, the country boasts established mining infrastructure, including a network of major highways, railways, and power generation, backed by a highly skilled workforce.

  • Industry Presence: Major global operators like Glencore, Cameco, ArcelorMittal and Zijin have active mines, while giants like Ivanhoe Mines, First Quantum Minerals, Rio Tinto, Fortescue, Barrick, Endeavour Mining and B2Gold are advancing exploration.

  • Competitive Fiscal Terms: The financial climate is highly competitive, featuring a 20% corporate tax, a 12% refundable VAT for exploration companies, and a 5.7% royalty rate for copper.

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