Vale to Explore for Kazakh Copper, Gold, According to Country's Ministry
Vale SA, the world’s largest iron- ore producer, will explore for copper and gold in Kazakhstan as the country seeks outside investors, a ministry official said.
Vale, based in Rio de Janeiro, plans to search in the Balkhash and central areas of Kazakhstan with Tau-Ken Samruk, the mining unit of the sovereign wealth fund, Murat Saiduakasov, deputy head of the geology panel at the industry and new technologies ministry, said in Astana without elaborating.