SUN Gold to build a $200-mln concentrating mill in Kazakhstan

ASTANA. July 1. KAZINFORM Today, Vice Minister of Industry and New Technologies of Kazakhstan Nurlan Sauranbayev and Director of SUN Gold Uday Khemka have signed a memorandum of cooperation within the framework of the Kazakh-British Business Forum in the Kazakh capital, Astana, Kazinform has learnt from "Kazgeology" JSC press service.

SUN Gold, an emerging gold producer, is to introduce innovative technologies in Kazakhstan in the sphere of exploration and drilling. The company plans to construct and launch a concentrating mill worth $200 million in Aktobe region as well.

""Kazgeology" JSC and SUN Gold will cooperate on the basis of separate agreements made within the memorandum signed," the statement reads.