Group overview
From regional geological mapping to the delivery of refined gold, a fully integrated value chain, a sound capital structure and a long-term approach turn Kazakhstan's subsoil resources into sustainable value.
Group profile
Kazakhstan Mining Group was founded in 2016 and is headquartered in Almaty. It is an integrated mining company dedicated to the exploration, mining, processing and trading of gold. Its core operating areas are the metallogenic belts of central and eastern Kazakhstan, where it targets two principal deposit styles, orogenic and epithermal gold, and has built a complete front-end exploration capability spanning regional geological mapping, geochemical and geophysical surveys, drill testing and resource estimation.
In development, the Group holds to a simple rule: the feasibility study sets the investment, and the grade sets the flowsheet. No project enters construction until pre-feasibility and feasibility studies are complete, reserves are registered with the State Reserves Committee (GKZ), and the environmental and social impact assessment and mining licence are in hand. Operating and development projects cover both open-pit and underground mining; processing is built around a gravity–flotation–carbon-in-leach (CIL) flowsheet with average recovery held above 93%, and all tailings report to filtered dry-stack storage under continuous online monitoring.
The Group's long-term strategy advances on three fronts, licences, capacity and capital: sustained exploration spending extends resource replacement; technical upgrades and expansion lift the cash margin on every tonne of ore; and a sound capital structure supports M&A and cross-border trade. We do not pursue short-cycle arbitrage on resources. Every mine is planned over a life of fifteen years or more, including the closure and reclamation plan drawn up on the first day of construction.
Mission · Vision · Value proposition
Mining is a business measured in decades. Where the direction is unclear, capital, resources and trust are all eroded slowly.
Mission
To develop Central Asia's gold resources safely and efficiently on the strength of sound geology and engineering, creating returns for shareholders and leaving the mining regions with employment, tax revenue and an environment that can be restored.
Vision
To sustain a stable annual gold output, maintain a resource life of more than fifteen years, and report to internationally comparable disclosure standards open to scrutiny by capital markets, regulators and communities alike.
Value proposition
Exploration, mining, processing and trading are managed and measured by the Group as one, and accountability for safety and the environment is never passed to contractors; the origin, grade and destination of every tonne of ore remains traceable.
Corporate values
Values that are not translated into systems, indicators and performance reviews are no more than slogans on a wall. Each of the six below corresponds to specific provisions in the Group's management procedures.
Risk identification and control and permit-to-work (PTW) systems apply on every working face, and anyone has the authority to stop unsafe work; safety indicators are tied directly to the performance of managers at every level.
Filtered dry stacking of tailings, closed-circuit process water and progressive reclamation; a rehabilitation trial area is established in the first year of operation, and reclamation funding is accrued in a dedicated account.
We comply strictly with the Subsoil Code and anti-bribery and anti-corruption requirements; licence acquisition, tendering and procurement, and related-party transactions are documented end to end and auditable at any time.
We hire and train residents of the mining regions first, sign socio-economic development agreements with local government, and publish performance against them and our community spending each year.
3D geological modelling, underground personnel tracking and online grade analysis replace judgement by experience; data determines ore blending, blast parameters and the processing flowsheet.
We do not trade resource recovery for short-term output; investment, headcount and closure funding are planned over the full life of the ore body.
Milestones
In ten years the Group has moved from a pure exploration team to a producing miner with steady cash flow.
Incorporated in Almaty with geological and legal teams in place; the first gold exploration licence was granted in Karaganda Region, where 1:10,000 geological mapping and initial geochemical and geophysical surveys were completed.
With 24,000 m drilled, the resource report for the first licence block was submitted and registered with the State Reserves Committee (GKZ), while pre-feasibility studies and metallurgical testwork began in parallel.
A gravity–flotation plant with an annual throughput of 0.6 Mt completed commissioning successfully, taking the Group from pure explorer to cash-generating producer.
Three further licences were added through acquisition and new applications, extending operations into East Kazakhstan Region; a Group-level HSE management system was established and passed third-party audit.
The flowsheet was upgraded to gravity–flotation–CIL, lifting average recovery to 93.5%; a new filtered dry-stack tailings storage facility was built and connected to the online safety monitoring platform.
Refined gold now reaches regional precious metals markets after treatment at licensed refineries; expansion of the second plant and feasibility studies on two new licence blocks are advancing together, further extending resource life.
Credentials and compliance
In mining, compliance is not a stack of certificates in a filing cabinet. It is a set of processes executed, recorded and inspected every day.
Every operating and development project holds a valid exploration or mining licence; licence boundaries, validity periods and minimum annual expenditure commitments are reviewed quarterly, and work is strictly confined to the approved area.
The system is built to international occupational health, safety and environmental management standards, covers our own working faces and all contractors, and is subject to annual third-party audit and government inspection.
Mineral Resources and Ore Reserves are prepared to Kazakhstan national standards and registered with the State Reserves Committee; technical reports are compiled in parallel to international frameworks for independent review by investors and financial institutions.
Financial statements are audited annually by an independent accounting firm; related-party transactions, licence changes and major investments follow internal approval and disclosure procedures, and a whistleblowing channel accepts both named and anonymous reports.
Licences and Certification
The Group and its project companies hold the subsoil use licences, operating permits and international management system certifications required across the full chain — from exploration and mining through processing to the export of precious metals.
Ministry of Industry and Construction of the Republic of Kazakhstan
Subsoil use title granted under the Code on Subsoil and Subsoil Use, setting out the licence area coordinates, commodities, production capacity and term.
Committee of Geology, Ministry of Industry and Construction
Covers regional mapping, geochemical and geophysical surveys, drilling and sampling; defines block boundaries and minimum annual expenditure obligations.
Ministry of Justice of the Republic of Kazakhstan
Registration of the Group and its project companies, stating the business identification number (BIN), registered address and permitted activities.
Industrial safety supervisory authority of Kazakhstan
Authorisation for underground mining and processing, supported by risk management, certification of personnel for hazardous work and approved emergency response plans.
Ministry of Ecology and Natural Resources of the Republic of Kazakhstan
Administrative approval issued following environmental and social impact assessment, setting emission limits and requirements for tailings management, reclamation and monitoring.
State Revenue Committee, Ministry of Finance
Applies to cross-border delivery of doré and gold-bearing material; covers customs clearance, precious metals turnover records and AML compliance checks.
Independent certification body
Quality management system covering exploration, production and laboratory testing, ensuring traceability from sampling and assay through to product delivery.
Independent certification body
Environmental management system for tailings facilities, water recycling and land reclamation, subject to annual external surveillance audit.
Independent certification body
Occupational health and safety system across mining, processing and haulage, with hazard identification, occupational disease prevention and emergency drills.
Listed above are the principal permits and certifications held by the Group and its project companies. Scanned copies are being prepared in line with data-redaction requirements and will be published on this page. To verify originals or request certified copies, please contact the compliance department through the Contact page.
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