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Astana event raises reform hopes

Last month’s high-profile airing of the proposed new Kazakhstan mining code at the MINEX Central Asia event in Astana has raised hopes for increased foreign investment in the country’s minerals sector, though a source close to the drafting action says “nobody can tell” if the proposed January 2017 enactment of a new mining law will actually happen.

Astana event raises reform hopes Astana event raises reform hopes Astana event raises reform hopes Astana event raises reform hopes Astana event raises reform hopes

Kazakhstan's parliament is expected to be reviewing new mining laws later this year

Timur Toktabayev, director of Kazakhstan’s Subsoil Use department of the Ministry for Investment and Development, led the public discussions in Astana and is overseeing the law-drafting process.