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KazakhGold - Revision history
2026-07-03T06:15:51Z
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2026-05-16T20:12:10Z
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https://en.encyclopedia.kz/index.php?title=KazakhGold&diff=12513&oldid=prev
ChelseaFunNumberOne: SVG file
2014-02-03T14:37:19Z
<p>SVG file</p>
<p><b>New page</b></p><div>{{Infobox company<br />
| name = Kazakhgold<br />
| logo = KazakhGold.svg<br />
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| key_people = Mikhail Prokhorov, CEO<ref>{{cite web|url=http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=116662&sn=Detail|accessdate=2010-12-12|title=Polyus Gold CEO sacked |publisher= Mineweb|date=2010-12-12}}</ref><br />
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'''Kazakhgold''' is a [[gold mining]] company based in [[Kazakhstan]]. It has gold mines at [[Aksu, Kazakhstan|Aksu]], [[Bestobe]] and [[Zholymbet]] and is one of Kazakhstan's largest mining companies.<ref>{{cite web|url=http://www.kazakhgold.com/|accessdate=2010-12-12|title=KazakhGold Group Limited|date=2010-12-12}}</ref><br />
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==Polyus==<br />
Kazakhgold had originally been founded by the Assaubayev family. In 2009 they sold a 50.1% stake to [[Polyus Gold]], a Russian mining company.<ref>{{cite news|url=http://www.telegraph.co.uk/finance/newsbysector/industry/mining/7921220/Polyus-sues-KazakhGolds-former-owners-for-450m.html|accessdate=2010-12-12|title=Polyus sues KazakhGold's former owners for $450m - Telegraph|date=2010-12-12|location=London|work=The Daily Telegraph|first=Rowena|last=Mason}}</ref> The stake subsequently increased to 65% and a [[reverse takeover]] was planned.<ref>{{cite web|url=http://www.eurasianet.org/node/61699|accessdate=2010-12-12|title=Bitter Row Knocks Sheen Off Kazakh Gold Company | publisher = EurasiaNet.org|date=2010-12-12}}</ref> Polyus subsequently alleged that the Assaubayevs had misled Polyus or tried to siphon off money from Kazakhgold. Kazahkgold's offices were raided by the Kazakh authorities.<ref>{{cite web|url=http://www.mining-journal.com/production-and-markets/assaubayev-family-instigates-kazakhgold-investigation|accessdate=2010-12-12|title=Mining Journal - Assaubayev family instigates Kazakhgold investigation|date=2010-12-12}}</ref> In December 2010, Polyus agreed to sell its stake back to the Assaubayev family and dropped its legal action;<ref>{{cite news|url=http://www.telegraph.co.uk/finance/newsbysector/industry/mining/8190178/Kazakh-gold-miner-eyes-London-listing.html|accessdate=2010-12-12|title=Kazakh gold miner eyes London listing - Telegraph|date=2010-12-12|work=The Daily Telegraph|first=Richard|last=Orange}}</ref> Polyus' share price soared.<ref>{{cite web|url=http://www.themoscowtimes.com/mobile/article/425937.html|accessdate=2010-12-12|title=Polyus Soars After Agreeing to Sell KazakhGold Assets | work = The Moscow Times|date=2010-12-12}}</ref><br />
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==References==<br />
{{reflist|2}}<br />
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==External links==<br />
*[http://www.kazakhgold.com/ Kazakhgold]<br />
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[[Category:Mining companies of Kazakhstan]]<br />
[[Category:Gold mining companies of the Soviet Union]]</div>
ChelseaFunNumberOne