Head of State charged to activate geology system and new approaches in mineral and commodities –based industries’ management. We, in association with geologic society studied geology development perspectives. Indeed we have really great potential,” Issekeshev told.

In this regard, Ministry of Industry and New technologies has worked out Geology Development Concept till 2030.

“First of all, Head of State instructed to submit to Parliament a new legal framework that will simplify the approach for exploration permits till the end of the year. Second, to create scientific laboratory base. Herewith, together with Nazarbayev University we establish Geology Research Center,” the Minister Issekeshev informed.

In addition, A.Isekeshev reported on the application of international standards work.

“We have studied the experience of Australia, and Canada. We plan to sign four agreements with large international companies owning technologies to the end of the year. They are Rio Tinto Group – a British-Australian multinational metals and mining, the Korean and Japanese geological agencies. We have agreed about a transfer of technologies “, the head of the Ministry added

A.Isekeshev also noted the “National Geological Exploration Company Kazgeologiya” JSC stepped up its work in the area of small towns. More than 350 clefts were drilled in three single-industry towns.

As reported earlier, speaking at the enlarged meeting of the Government of the Head of State noted that slow pace of new fields’ exploration. Besides,  Nursultan Nazarbayev also stressed a sufficient increase of extension additions.