BAKU, Azerbaijan, Jun. 10
By Nargiz Sadikhova - Trend:
National Mineral Resources Databank will be established in Kazakhstan in 2021, Kazakhstan’s Minister of Ecology, Geology and Natural Resources Magzum Mirzagaliyev said, Trend reports with reference to the Central Communications Service under Kazakhstan’s president.
Mirzagaliyev said that twork on development of the databank was started in the end of 2019. The databank is expected to provide investors with access to an electronic database of geological information and to facilitate the conversion of relations between government agencies and subsoil users into a digital format in the future.
“This year, the system’s functionality will work in a test mode, the introduction of the National Mineral Resources Databank into commercial operation is planned for 2021,” Mirzagaliyev said.
He said that many large mineral deposits have been fully developed over the past decades.
“However, Kazakhstan has significant prospects for new discoveries. There is the potential to open gold deposits in Kazakhstan’s Akmola and Kostanay regions, as well as in the central, eastern and southern regions of the country,” he said.
He said new lead and zinc deposits have the potential to be discovered in Central and Southern Kazakhstan, in the Ore Altai, as well as in border areas with Russia and China.
“There are prospects for discovering new deposits of other ore minerals - tungsten, molybdenum, aluminum, tin, as well as rare earths. There is also some potential in terms of hydrocarbons discoveries. Geologists identified 15 sedimentary basins with estimated equivalent fuel resources of about 76 billion tons,” he said.
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