Canadian Company to Invest $24.7 Million in Kazakhstan Gold-Copper Mine

Canadian firm Mogotes Metals plans to expand its operations in Kazakhstan by developing the Beskauga gold-copper-silver project in the Pavlodar region. The company intends to pay up to $24.7 million for the right to fully acquire the deposit. A holding company was registered in October 2026, with payments scheduled through February 2029. An initial payment of $2.5 million is planned.

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