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Kaz ups budget for Baimskaya by another US$1B

Budget has risen 45% since Kaz completed acquisition in January 2019.

Tom Hoskyns

This article is 4 years old. Images might not display.

Under the new agreement Kaz will build part of a port at Cape Nagloynyn in Chaunskaya Bay and finance half of a 428km road leading from the port to the mine site. Kaz previously indicated the Russian...

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