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1

Kazakhstan news for September 3, 2010

In this issue:

2 Corporate news
2 Vale to Explore for Kazakh Copper, Gold, According to Country's Ministry
2 Kazakhstan officially approves Uranium One swap deal with ARMZ
2 Halyk quadruples first-half net income
2 Kazkommertsbank net income up 3% in first half
2 Upcoming events
3 Industry news
3 Kazakhstan and UAE to cooperate in nuclear energy
4 Politics and Economics
4 President called upon banks to finance business
4 Economy of Kazakhstan grows
5 KASE & Market wrap
6 AFS-Research productline
7 AFS Research services

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.
 



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