Archive for May 2nd, 2008
Nuclear power’s white-hot metal
A newfound interest in nukes is fueling global demand for uranium. Meet the man leading the boom - in Kazakhstan.
News Roundup - May 2, 2008
mineral resources:
Kazakhmys aims to triple power plant output by 2014
(Reuters) - Mining group Kazakhmys aims to triple power output by 2014 at its new Ekibastuz coal-fired power plant, the largest in Kazakhstan, the firm said on Thursday…
ENRC pays $300 mln for 50 pct Brazil iron ore stake
(Reuters) - Kazakh mining group ENRC paid $300 million for a 50 percent stake in a Brazilian firm developing an iron ore deposit, ENRC said on Thursday, in its first foray outside eastern Europe…
Hambledon Mining says Sekisovskoye mine fully operational, producing gold (Thomson Financial/Hemscott)
Kazakhmys provides Q1 production report (Mineweb)
business and economy:
Kazakhstan outlook revised to negative
(CPI Financial) - The global credit squeeze is more severe, and likely to prove more prolonged, than anticipated in October 2007 when Kazakhstan’s long-term foreign currency rating was lowered to BBB- from BBB…
S&P revised outlook on various Kazakh GREs
(Interfax) - Standard & Poor’s Ratings Services has revised its outlook on several sovereign and corporate government-related entities (GREs) of Kazakhstan and their subsidiaries…
Although asset quality continues to deteriorate, the problems are manageable (Interfax)
Kazakhstan Kagazy announces new board appointments (Business Newswire/Yahoo! Finance)
politics:
Publicity over Aliev’s case is the guarantee of no more such conspiracies in the future - KNB chief (Interfax)
Kidnapped Nurbank bankers are unlikely to be alive, says KNB chief (Interfax)
society:
Alarm at state-backed planned new Religion Law
(Forum 18) - Human rights activists and some religious communities have expressed alarm at a planned new Religion Law penalising “unapproved” religious activities…
