According to the World Nuclear Association NAC Kazatomprom CJSC is the fourth among uranium-mining companies

16.09.03 00:00
/IRBIS, September 16, 03/ - Today press-cutting service of NAC Kazatomprom CJSC (Almaty), whose bonds are circulating under official "A" listing category of Kazakhstan Stock Exchange (KASE), spread a message which says that according to the report of the World Nuclear Associations (London), received by NAC Kazatomprom CJSC on September 15, 2003, company occupies the forth place in the list of uranium mining companies. According to the information received, three world leaders on uranium mining are French company Cogema (19% of the volume of world mining), Canadian Cameco (17%) and Australian ERA (11%). NAC Kazatomprom CJSC extracted 8% of uranium mining volume in the world, which consisted to 2,800 tones of uranium. Thus, NAC Kazatomprom CJSC moved away from fifth position in 2001 to the fourth. Message says that currently, the volume of uranium mining increased thanks to NAC Kazatomprom's debugging of its old fields Uvanas, Vostochnyi Mynkuduk, Kanzhugan, Yuzhnyi Moinkum and Severnyi Karamuryn and starting industrial exploration of new fields Yuzhnyi Moinkum and Yuzhnyi Karamuryn. A programmed task for NAC Kazatomprom is to increase of the volume of natural uranium extraction up to 15 th tones a year by 2028, by doing so, occupy the first place in world in this area. It is planned that volume of uranium extraction will be increased at the expense of explored, but yet not in use fields Zarechnoe, Zhalpak, Irkol with total deposits of 2 th tones, Centralnyi Mynkuduk with 81 th tones, Kharasan with 160 th tones, a part of Inkai field with 130 th tones and unique Budenovskoe field with predicted 130 th tones of deposits. NAC Kazatomprom CJSC is the national operator of exporting and importing of uranium and other materials of double usage. NAC Kazatomprom consists of ore managing branches on uranium mining (Centralnoe and Stepnoe ore management #6), daughter companies Ulbinskii Metalurgicheskii Zavod (90%) and Volkovgeologia OJSC (90%), MAEC - Kazatomprom LLP (100%), Institue of High Technologies LLP (50%), stake at joint ventures Inkai, Katko, Zarechnoe and UKR TVS [2003-09-16]