Tau-Ken Samruk and Turkish D Mineral to Start a Joint Exploration Project
Bakyt Chirchikbayev, the Head of Tau-Ken Samruk, and Ilkhan Poiraz, the Deputy Chairman of the Board of Directors of D Mineral, with the participation of Iran Sharkhan, the Vice Minister of Industry and Infrastructure Development of Kazakhstan, signed the agreement on the main terms of the transaction in Astana today.
Ilkhan Poyraz noted that D Mineral is aimed at versatile long-term cooperation with Kazakhstani companies.
Bakhyt Chirchikbayev, in turn, expressed gratitude to the Ministry of Foreign Affairs of the Republic of Kazakhstan and the Embassy of Kazakhstan in the Republic of Turkey for assistance in establishing cooperation with Turkish partners.
After signing the Term Sheet, Tau-Ken Samruk and Mineral will start searching and exploring promising areas for which it is planned to obtain licenses for exploration and creation of a joint venture in the future. The future of the joint venture will be focused on the search for gold deposits. The Turkish side assumes the financing of geological exploration.
About D Mineral:
D Mineral is a member company of the Dimin Group holding.
D MİNERAL VE MADENCİLİK A.Ş has over 30 years of experience in the mining industry. D Mineral is based in Ankara. The company accomplished several new projects in 2021 not only in Turkey but worldwide and has brought domestic ores to world markets since day one and currently developing an iron ore Project in Hekimhan, Malatya.