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About Company


JSC “AK Altynalmas” is one of the most famous gold producers in the Republic of Kazakhstan and performs operations on subsoil use in a variety of gold ore objects. These objects are deposits of Akbakai region in Zhambyl area and Pustynnoye deposits in Karaganda area.

 

For development of these deposits the Company has personnel of high qualified engineer-technical employees and modern technical equipment. In areas of development of own projects JSC “AK Altynalmas” pays special attention to environmental protection, development and improvement of social dimensions of employees and people. Management of the Company actively supports introduction of new technology and innovative decisions for optimization and permanent perfection of productive processes.

 

Main directions of the Company’s operation are listed below:

 

·         production of precious metal;

·         extraction of precious metal and other minerals, their processing;

·         extraction of non-metallic;

·         geological survey operations;

·         project and construction-montage operations

·         financing of scientific-research, project and exploration operations;

·         construction and reconstruction of productions on survey, extraction and processing of precious metal by means of the Company and attraction of funds;

 

Final product of the Company is gold in Dore bars that will be transferred for further cleaning to affinaging factory of  LLP “Tau-Ken Altyn” in Astana city. The Company is operator of two projects.

 

The Company invested 100 million US dollar to first project (“Akbakai” project) and it finished reconstruction and modernization of Akbakai gold processing plant and related infrastructure

 with five time increase of productive capacity of the plant from 200 thousand to 1 million tons of ore per year. This project was included to Map of Industrial development of Kazakhstan. Raw material base consisted by 6 deposits located in Moiynkum district of Zhambyl area. Total volume of investments to project next five years will exceed 150 million US dollar.

 

The Company put into operation second project (“Pustynnoye” project) on December 25, 2014 in same named deposit in Aktogai district, Karaganda area. Processing capacity of the project is 2 million tons of gold ore per year. Development of deposit will be executed by open-pit method. The Project is equipped by mining and technologic equipment from famous global producers. Investments come to the amount of approximately 140 million US dollar. The Project was included to Map of Industrial development.



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