Nature has endowed the East Kazakhstan region in various minerals. This is due to geological history of the region, the deep structure of the Earth's crust, and also depends on its composition and processes taking place in it.
The main wealth of our region is multicomponent ores. The main metals are gold, lead, zinc and copper, and incidentally - silver, antimony, cadmium, tungsten, molybdenum, bismuth, thallium, indium, tellurium and niobium.
It is known that the subsoil use has always been an attractive sector of the economy, where the investors tend to get, as this very sector allows back the investments faster than other sectors of the economy.
One of the main activities of «Ertis» SEC» NC» JSC is the exploration, extraction and processing of minerals in the East Kazakhstan region.
Having the status of a national company, the Ertis SEC may enter into subsoil management contracts on the basis of direct negotiations with the competent authority in accordance with the Law of the Republic of Kazakhstan "On Subsoil Management."
«Ertis» SEC» NC» JSC participates in Subsoil management projects by putting the right of subsoil use to the authorized capital of the company. All project funding is carried out by the partner. The SBC held direct negotiations with the Competent Authority to conclude subsoil management contracts for 48 objects. A total investment will be about 35 bln. KZT, and the total amount of deductions for social and economic development of the region and its infrastructure - 736 million KZT annually for the period of contracts validity.
14 contracts were concluded, the amount of investment is 9.6 billion KZT, the annual amount of the social deductions - 194.7 million KZT for the period of contracts validity.
3 contracts were signed in 2012 - the amount of investments - 1.5 billion KZT, social deductions - 39.6 million KZT for the period of contracts validity.
11 contracts were signed in 2013 - the amount of investments - 8.1 billion KZT. Social deductions - 155.1 million KZT for the period of contracts validity.
In 2014 it is planned to sign 14 contracts totaling 16.6 billion KZT.
The Projects on 47 objects (the amount of investments is 26 billion KZT) are focused on the exploration of new mineral deposits, that is, to fill decreasing reserves of East Kazakhstan region.
Each of these objects has a specific partner, some of which are foreign companies and investors: Rio Tinto Company, Orsu Metals Corporation, HAMBLEDON MINING COMPANY LIMITED.
We invite potential investors for joint development of mineral deposits in the East Kazakhstan region!