Head of State held a meeting with Robert Friedland, Ivanhoe Mines Ltd. Executive Co-Chairman
30.05.2025 08:12:34 363
Astana, May 28, 2025 – The meeting focused on potential areas of cooperation in geological exploration, mining and the processing of metals.
The President was informed about the launch of large-scale geological exploration activities in the Chu-Sarysu copper basin in Kazakhstan. Ivanhoe Mines had earlier announced an initial investment of 18.7 million dollars for subsurface exploration in this area, with plans to increase the total investment to 115 million dollars over the next four years.
Robert Friedland stated that the project will involve the use of advanced airborne geophysical technologies and digital data analysis. According to him, the implementation of this project — one of the largest copper exploration initiatives in Kazakhstan’s history — opens new prospects for global copper production.

Source : https://www.gov.kz/memleket/entities/mfa-ottawa/press/news/details/1007618?lang=kk