Kazakhstan and the US Further Cooperation in Mining

Kazakhstan and the US Further Cooperation in Mining

The foreign representative of JSC "NC "KAZAKH INVEST" in the USA, Marat Birimzhan, organized a number of meetings with key representatives of the US mining industry during the visit of the Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapayev to New York to strengthen bilateral cooperation and promote investment opportunities in Kazakhstan's mining sector.

K. Sharlapaev discussed the prospects for further cooperation with Pini Althaus, the Managing Partner of Cove Capital, an investment company that specializes in the mining and natural resources sectors and finances projects from the exploration to the construction stages.

The Minister also met with Martin Valdes, Head of the private equity company Resource Capital Funds (RCF). RCF is a leading company specializing in private investment in mining projects worldwide and focusing on supporting sustainable development through responsible investments.

During the visit, the Minister met with Ross Orr, President and Chief Executive Officer of BacTech Environmental Corporation. BacTech uses the innovative BACOX bioleaching technology to extract precious metals such as gold and silver from tailings ponds. The company is active in Ecuador, Peru, and Colombia, applying technologies to improve the environment and increase the efficiency of metal processing.

These meetings demonstrated the growing interest in cooperation between Kazakhstan and the United States in the mining and infrastructure sectors, opening up new opportunities for mutual investment and sustainable economic growth.

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