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Title: ANALYSIS OF THE MINERAL RESOURCE OF KAZAKHSTAN
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ANALYSIS OF THE MINERAL RESOURCE OF KAZAKHSTAN
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10.5593/sgem2024/1.1
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1314-2704
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English
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24
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1.1
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• Prof. DSc. Oleksandr Trofymchuk, UKRAINE
• Prof. Dr. hab. oec. Baiba Rivza, LATVIA |
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The objective of this study is to conduct an in-depth analysis of the mineral resource base in Kazakhstan, specifically focusing on copper, zinc, lead, and gold, with the aim of identifying key determinants crucial for ensuring its sustainable development. The mineral resource sector serves as a cornerstone of Kazakhstan's economy and industrial landscape. This article seeks to elucidate the critical parameters defining its current state, placing particular emphasis on the presence and quality of mineral deposits. Furthermore, it encompasses a comprehensive examination of the technological advancements in both extraction and processing methodologies, as well as the efficient utilization of natural resources within the contemporary economic milieu of the country. The research methodology employed entails a rigorous scrutiny of data pertaining to reserves and extraction rates of the primary metal groups, which hold strategic significance within Kazakhstan's resource agenda. Notably, this analysis is conducted against the backdrop of a concerning trend marked by declining reserves across virtually all categories of raw materials. Additionally, the study delves into the intricacies of industrial production diversification. The findings underscore that mining enterprises predominantly export more than 80% of their output to foreign markets in the form of competitively priced raw materials, driven by factors such as accelerated investment returns, reduced capital outlays, and sustained demand. However, a notable and consistent uptrend is observed in Kazakhstan's economic reliance on imported finished metal products. Of particular concern is the disproportionately high proportion of foreign investors wielding significant decision-making authority within Kazakhstan's mining enterprises, exceeding a third of the total investor base. Such a pronounced foreign presence poses a substantial risk to the domestic raw materials industry, necessitating urgent reforms in the procedures governing rights allocation for geological exploration and access to geological data. Furthermore, the study highlights the pressing need to address issues such as outdated equipment and technologies prevalent in certain industry enterprises, as well as the inadequate adaptation of transportation-logistics and energy systems to effectively cater to the requirements of the mining sector. In summary, the comprehensive analysis of the mineral resource industry's current status has revealed a myriad of challenges that must be diligently addressed to foster its sustainable development trajectory.
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conference
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Proceedings of 24th International Multidisciplinary Scientific GeoConference SGEM 2024
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24th International Multidisciplinary Scientific GeoConference SGEM 2024, 1 - 7 July, 2024
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Proceedings Paper
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STEF92 Technology
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International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
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SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
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11-18
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1 - 7 July, 2024
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website
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9834
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raw materials, critical metals, Kazakhstan, mineral resource, economic stability
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