ASTANA – The Kazakh Ministry for Investment and Development will organise the 25th World Mining Congress, a large-scale event dedicated to mining and metal sector, June 19-21 in Astana. More than 2,000 delegates from 50 countries and 220 companies will participate.
First held in 1958 in Poland, the World Mining Congress takes place every two-three years and unites industry experts and scientists from 49 member countries.
The programme will include multiple sessions related to the mining and metal sector, ranging from exploration and production to enrichment, from risk assessment to the attraction of foreign investment.
Simultaneously, there will be an exhibition of equipment and technologies applied in the mining industry and excursions to Kazakh scientific institutions and industrial enterprises.
“Such a large-scale event of global significance is held for the first time in the Commonwealth of Independent States (CIS). Our country was not chosen randomly to host the anniversary congress. Kazakhstan is rich in mineral resources: there are 99 elements of the periodic table [in our soil], 5,000 deposits and 60 elements are used in production,” said Mazhilis Deputy (lower house of Parliament) Albert Rau.
The organisers expect the congress to positively impact industry development in Kazakhstan and anticipate an increase in exploration and extraction projects, expansion of subsoil users’ base.
The event will also help attract financial institutions and investors to the Kazakh mining and mineral industry given the investor protection provided within special legal regime of Astana International Financial Centre (AIFC). The opportunities and nuances within M&A (mergers and acquisitions) in Kazakhstan’s mining sector will be disclosed.
Within the framework of the congress, there will be Mines & Money international investment conference, a leading event for the attraction of capital and investment into mining projects, where investors and subsoil users negotiate, discuss investment opportunities and the market, and share knowledge.
More than 2,000 delegates from 50 countries, 368 presenters, 58 associations, 62 universities and 220 companies are expected to attend the event.
The speakers will include Global Mining & Metals Advisory Leader at EY Paul Mitchell, CEO of the Eurasian Resource Group (ERG) Benedikt Sobotka, Global Head of Primary Markets at London Stock Exchange Robert Barnes.
Prime Ministers of Poland Mateusz Morawiecki and Australia Malcolm Turnbull are expected to attend as well.