Canada’s Silvercorp Metals Considers Opening Office in Kazakhstan
Photo: Elements.envato.com, ill purposes.
Canadian company Silvercorp Metals Inc is exploring entry into the Kazakhstan market and is considering opening an office in the country, Orda.kz reports, citing Kazakh Invest.
A delegation from Silvercorp Metals, led by the company’s founder and CEO Rui Feng, visited Astana to discuss possible cooperation with Azamat Kozhanov, Deputy Chair of the Board of Kazakh Invest.
During the meeting, the parties discussed the potential for developing projects in the mining industry using international experience and modern approaches to sustainable subsoil use. The Canadian company showed interest in geological exploration and development of promising deposits of non-ferrous and precious metals in Kazakhstan,
Kazakh Invest stated.
Silvercorp Metals currently mines and processes precious metals in Latin America and China.
In 2025, the company reported revenue of $75.1 million.
This is not the first foreign investor to express interest in Kazakhstan’s precious metals sector.
Other companies that have recently announced plans to enter the market include Australia’s C29 Metals Limited and the UK’s Eurasia Mining PLC.
Original Author: Nikita Drobny
Latest news
- Two Injured Russian Climbers Rescued From Almaty Mountains
- Kazakhstan Denies Reports of Full CPC Shutdown
- South Korea to Help Kazakhstan Forecast Demographic Change
- Almaty Waste Company Stake to Return to State After Undervalued Sale
- Inspection of Former Almaty Akim’s Family Project Declared Illegal
- Kazakhstan Could Refine Russian Oil as Russia Faces Fuel Shortages
- Who Is Behind the Company Searching for Copper Near Atbasar?
- Almaty Airport to Take Out $670 Million Loan
- Kazakhstani Woman Dies in Belgrade, Father Suspects Her Friends Were Involved
- Who Will Keep Health Coverage Under Kazakhstan’s New Rules?
- Fake Journalists Tricked Karaganda Official Into Taking Out Loan
- Pavel Durov Declared a “Terrorist” in Russia
- Lawsuit Pushes Oskemen Authorities to Adopt New Alert Rules After Kazzinc Explosion
- Emergency at Pavlodar Power Plant: Two Workers Seek Medical Help
- What Back-to-School Aid Has Been Promised to Vulnerable Families?
- Employment Falls at Kazakhstan’s Small and Medium Businesses
- How Much Will It Cost to Ride Astana’s LRT From August 1?
- KASE and AIX Record Sharp Rise in Trading Activity
- Ten-Year Record: More Kazakhstanis Are Losing Their Driver’s Licenses
- What Can Tourists Expect? Kazakhstan Approves New Rules for Visitor Centers
