Financial Times FT.com

Mining groups battle to come out on top

By Rebecca Bream

Published: July 1 2008 00:13 | Last updated: July 1 2008 00:13

Kazakhstan is one of the best-endowed countries in the world for natural resources. As well as abundant reserves of oil and gas, the country is a major producer of uranium, copper, chromium, lead, zinc, manganese, coal, iron ore and gold, and is said to host 95 per cent of the periodic table of elements.

The commodities boom of the past five years has boosted the country’s profile among mining executives and investors, as foreign companies have entered the country looking for ways to take advantage of its mineral wealth and Kazakh companies have come to the international markets for funding.

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