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June 3, 2022updated 15 Jun 2022 8:32am

Five largest gold mines in Kazakhstan in 2021

By Carmen

Here are the five largest gold mines by production in Kazakhstan, according to GlobalData’s mining database.

1. Altyntau Kokshetau Mine

The Altyntau Kokshetau Mine is a surface mine located in Akmola. It is owned by Glencore Plc and produced an estimated 389.9 Thousand Ounces of gold in 2021. The mine will operate until 2030.

2. Kyzyl Project

Located in East Kazakhstan, the Kyzyl Project is owned by Polymetal International Plc. The surface mine produced an estimated 360 Thousand Ounces of gold in 2021. The mine will operate until 2050.

3. Varvara Mine

The Varvara Mine is located in Kostanay. It is owned by Polymetal International Plc and produced an estimated 197 Thousand Ounces of gold in 2021. The mine will operate until 2035.

4. Bozshakol Mine

The Bozshakol Mine, owned by KAZ Minerals PLC, is a surface mine located in Pavlodar. The mine produced an estimated 112.8 Thousand Ounces of gold in 2021. The mine will operate until 2060.

5. Pustynnoe Mine

Owned by AK Altynalmas, the Pustynnoe Mine is a surface mine located in Karagandy. It produced an estimated 103.5 Thousand Ounces of gold in 2021. The mine will operate until 2024.

Methodology: This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

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