Established 1835
RESOURCE STOCKS
✕
M&A

Kazakh state slowly loosens grip on Kazatomprom

Samruk-Kaznya, Kazakhstan’s sovereign wealth fund, has launched an offer to sell a 4.55% stake in Kazatomprom, a move Canadian bank BMO said could boost liquidity for the world's largest uranium producer.

Tom Hoskyns
Kazatomprom established a JV with Areva in August 1996 to develop the Moinkum ISL deposit near Tsentralnoye, Kazakhstan

Kazatomprom established a JV with Areva in August 1996 to develop the Moinkum ISL deposit near Tsentralnoye, Kazakhstan

The sale would be Samruk-Kaznya's second since Kazatomprom's IPO and would lower its stake to 76.7%. BMO analyst Alexander Pearce said the sale suggested the sovereign wealth fund "remains committed...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
PRECIOUS METALS

Police make arrests in Canada's largest gold heist

2
LATIN AMERICA

Rio: Permitting uncertainty hampers investment

3
BASE METALS

Shhh! Copper price rise taboo

4
BASE METALS

BHP keeps nickel future in limbo, posts increase in copper

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login