Another 8 companies have joined to the initiative of transparency in the activity of mining sectors in Kazakhstan

03.07.06 14:08
/INTERFAX-KAZAKHSTAN, Almaty, June 30, 06/ - Another 8 acting in Kazakhstan companies have joined to "Transparency initiative of revenues from mining sectors" (Extractive industries transparency initiative, EITI), having sighed corresponding memorandum, press service of the Ministry of Energy and Mineral resources informed on Friday. In accordance with spread press release of the Ministry of Energy, enterprises have joined to initiative as follows: Sokolovsk-Sarbay ore mining and processing group, Vasilievsk ore mining processing group, company Kazchrome, Zhayremsk ore mining processing group, company Aluminum of Kazakhstan, Alga Caspian Gas, Max Petroleum and Eurasian energy corporation. Message informs that memorandum of EITI implementation has been sighed earlier by 38 companies, and also 52 non-governmental and associated organizations of the republic. As it is known, prime minister of Great Britain, Tony Blaire declared EITI in September 2002. Its task is achievement of information transparency both about dues of mining companies and about revenues obtained by governments of countries, rich of natural resources. In June 2005 the president of the republic, Nursultan Nazarbaev declared of support to Britain initiative from Kazakhstan. EITI implementation stipulates auditing pursuant to international standards after reporting by company in front of government on dues into the budget of the country. [2006-07-03]