/KASE, June 8, 10/ - National Atomic Company Kazatomprom (Almaty),
bonds of which are present in Kazakhstan Stock Exchange (KASE) official list,
provided to KASE the following press release of June 5, 2010:
quotation starts
The Kazakh and Canadian partners in Joint Venture Inkai (JV Inkai) held a
ceremony today celebrating the main process plant opening and startup of the
Inkai uranium minesite in Suzak Region of South Kazakhstan Oblast. The
ceremony, recognizing the plant's production startup, was attended by Company
managers and founders, personnel from Canada's Embassy in the Republic of
Kazakhstan, representatives of the RoK Ministry of Industry and New
Technologies and local dignitaries.
The Company's main process plant is located near Taikonur Village of Suzak
Region, South Kazakhstan Oblast. The minesite is the largest hydrogenous type
deposit located in Shu-Sarysu uranium ore province. JV Inkai has licenses for
uranium mining on the areas referred to as Block 1 and Block 2 and an
exploration license for the area referred to as Block 3. The results of the test
operations proved the effectiveness of the ISR mining method and the economic
feasibility of the project.
quotation ends
The press release full version is available on KASE website at
http://www.kase.kz/files/emitters/KZAP/kzap_reliz_050610.pdf
[2010-06-08]