Kazakhstan Mining Group

Sustainability · ESG

Responsible mining and sustainable resource development

From exploration design to closure and reclamation, safety, environmental and community considerations enter every decision point. Our performance is set out in verifiable indicators and continuous disclosure, open to the scrutiny of shareholders, government and the communities around our mines.

Approach

Internalising external costs is a basic duty of a mining company

Gold mining inevitably reshapes the land surface, consumes water and affects neighbouring communities. Our position is straightforward: these costs belong in the project's economic model at the feasibility study stage, not in a remediation programme afterwards.

The Group conducts an environmental and social impact assessment (ESIA) in parallel with the feasibility study, so that the tailings storage concept, the water balance, reclamation quantities and community resettlement costs all enter the investment decision model. No project that has not cleared environmental and safety pre-approval proceeds to construction permitting.

In operations the HSE management system is the governing framework: pre-task risk identification and permit to work (PTW), a single accreditation standard for contractors, personnel tracking and emergency refuge, and online monitoring of the phreatic surface and dam deformation at tailings storage facilities together form four lines of defence in day-to-day running. All safety and environmental indicators are consolidated monthly for the Group HSE Committee and signed off by the responsible vice-president.

Closure is not the end point. From the date a licence is granted, the Group accrues a reclamation and closure fund against production in a dedicated account and reclaims progressively as it mines. Before land is handed back, landform reshaping, soil replacement and revegetation must be complete and accepted by the local environmental authority.

Four pillars

Safety, environment, communities, governance

Four workstreams span the full mine life cycle. Each carries quantified targets, an accountable department and monthly review, and any shortfall triggers a corrective action process at project level.

Safety and occupational health

Safety performance takes precedence over production targets. The Group applies a safety veto right, and employees at every level hold stop-work authority over unsafe work without fear of reprisal.

  • Permit to work (PTW) and lockout–tagout (LOTO) across all high-risk activities
  • Personnel tracking, ventilation and gas monitoring, with emergency refuge facilities exercised regularly
  • Contractors and own employees held to the same accreditation, training and assessment standards

Environment

Three workstreams — tailings safety, water recycling and ecological reclamation — hold disturbance to land, watercourses and soils within limits from which they can recover.

  • Tailings thickened, filtered and dry-stacked, with online phreatic surface and dam deformation monitoring
  • Closed-circuit process water, with pit dewatering water reused according to quality
  • Progressive reclamation, with reclamation and closure funds accrued against production in a dedicated account

Communities and people

A mine's long-term licence to operate comes from the community. We offer local employment, skills training and infrastructure investment in exchange for a durable relationship, not one-off compensation.

  • Priority recruitment from the region in which the mine is located, with management localisation rising year on year
  • Training centres built with vocational colleges, supported by mentoring and skills grading
  • Annual community meetings and a standing grievance mechanism, with complaints answered and published within set deadlines

Governance and compliance

Licences, taxes and precious metals trading carry the highest concentration of risk in this industry. Internal controls and external audit keep them traceable and open to verification.

  • Anti-bribery, conflict of interest declaration and supplier integrity undertakings across all staff and the full chain
  • Licence compliance, tax payments and processing output data subject to independent audit
  • Benchmarked against the GRI Universal Standards and the EITI framework, with disclosure widening in stages

Key indicators

Progress stated in verifiable numbers

The figures below are annual Group-consolidated performance. The reporting boundary covers own employees and long-term contractors; data are aggregated quarterly and disclosed annually.

0.00

LTIFR

Lost Time Injury Frequency Rate — lost time injuries per million hours worked, including hours worked by long-term contractors

0%

Process water recycling rate

Tailings facility return water and reused pit dewatering water as a share of total water intake for processing

0 ha

Cumulative area reclaimed

Waste rock dumps, temporary land take and trenches reclaimed and signed off by the competent authority

0%

Local employment rate

Kazakhstani nationals as a share of total employees; management localisation stands at 68%

Basis of preparation: the reporting year is the last completed financial year. The data above have completed internal verification; independent third-party assurance is progressing alongside the annual Sustainability Report.

Priority initiatives

Six programmes under way

Initiatives are delivered mine by mine. Expenditure and completion status are reported in the annual Sustainability Report and are subject to internal audit and independent assurance.

Tailings

Dry stacking and online monitoring of tailings facilities

Plant tailings are thickened, filtered and dry-stacked, reducing both footprint and hydraulic risk. Dams are instrumented for phreatic surface, deformation and rainfall, with data feeding the Group control centre under a three-tier alert and response procedure.

Water

Closed-circuit process water

Since the tailings return water pumping station and the graded pit dewatering reuse system came online, processing water has been substantially closed-circuit and fresh water consumption per tonne of ore continues to fall, leaving local farming and livestock water unaffected in the dry season.

Energy

Energy and carbon intensity management

Work is under way on variable-speed drives for the SAG mill and on energy savings in compressed air and ventilation, alongside pilots in diesel fleet electrification and waste heat recovery. Energy and greenhouse gas intensity are recorded per tonne of ore and reviewed in the monthly operations analysis.

People

Skills training and the local talent pipeline

Training centres have been established with vocational colleges in Karaganda, Almaty and elsewhere, with dedicated streams for mining, processing, electrical and safety roles. Key positions are covered by local succession plans with defined timelines.

Communities

Community development and infrastructure

The Group contributes to upgrades of roads, water supply, power and school facilities around its mine sites and has established a community development fund. Allocations are decided jointly by a tripartite committee of the company, local government and resident representatives, and spending is published regularly.

Disclosure

Compliance records and disclosure

Four data registers — licences, taxes, environment and safety — are maintained, disclosed internally each quarter and subject to audit. Benchmarked against the GRI Universal Standards and the EITI framework, the range and granularity of external disclosure will widen in stages.

Communities and localisation

The mine and the community share one balance sheet

Local employment, skills training, local supply chains and infrastructure investment are part of project cost, not public relations spend.

Kazakhstan's mining law and investment agreements set explicit local content requirements, but our approach does not stop at compliance. A mine typically operates for more than fifteen years; only when local people hold the skills the jobs require and local businesses can supply reliably does a project stand up both in its cost structure and in its social relationships.

0%

Local employment rate

0%

Share of local procurement

0participants

Annual training volume

  1. 01

    Local employment

    Recruitment gives priority to residents of the region in which the mine is located. Management and technical roles carry local succession timelines; expatriate positions must be justified as non-substitutable and are paired with a local deputy to whom responsibilities are transferred year by year.

  2. 02

    Vocational training

    Training centres run with vocational colleges offer dedicated streams in mining, processing, electrical and safety. Internally, mentoring and skills grading are in place, with grading tied directly to promotion and pay.

  3. 03

    Local supply chain

    Above the thresholds for qualification, safety and quality, local goods and services are given preference. Local contractors that fall short of accreditation standards receive HSE and management systems training to help them join the approved supplier register.

  4. 04

    Community infrastructure

    The Group contributes to the upgrade and maintenance of roads, water supply, power and school facilities and has established a community development fund. Allocations are decided by a tripartite committee, and annual spending is presented item by item at community meetings.

Reporting and disclosure

Annual report and policy documents

Our first annual Sustainability Report is being prepared under internationally recognised frameworks. Until it is published, the underlying definitions and data may be requested through our official channels.

In preparationExpected publication · Q2 2026

2025 Sustainability Report

The report is prepared under the GRI Universal Standards and the SASB Metals & Mining Standard, covering safety performance, environmental data, community investment and governance and compliance. An independent limited assurance engagement is planned.

Planned contents

  • Safety performance: LTIFR, incidents by severity and close-out of corrective actions
  • Environmental data: water intake and discharge, tailings storage, solid waste and area reclaimed
  • Greenhouse gases: methodology and results for Scope 1 and Scope 2 emissions
  • Community investment: local employment, local procurement and community fund spending
  • Governance and compliance: licence and tax compliance, anti-corruption and grievance handling
Not yet available for downloadRequest ESG materials

Until the report is published, the indicators on this page are stated on the Group's internal verification basis, have not been independently assured and constitute no investment commitment.