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Issues of implementation of CRIRSCO standards in Kazakhstan discussed in the Government

CRIRSCO is an international committee that unites the codes of public reporting on solid mineral reserves of countries such as Australia, the USA, Canada, Russia, India, Turkey, New Zealand, as well as some countries in Africa, Europe (23 countries), South America and Southeast Asia. 

The Kazakh KAZRC Code was adopted into the CRIRSCO family in 2016, and international standards in the Republic of Kazakhstan should come into force from 2024. It is expected that this will attract foreign investment in exploration and give a significant boost to the industry as a whole.

Following the discussion, the Prime Minister instructed to ensure the transition to CRIRSCO (KazRC) standards for new deposits within the prescribed period and at the same time maintain the activities of the State Commission on Mineral Reserves of the Republic of Kazakhstan for already developed deposits.

At the same time, it was also instructed to provide for liability, up to criminal liability, for competent persons who make reports according to KazRC standards, and minimum requirements for such reports. This approach will allow taking into account the interests of the state and private business when developing deposits of solid minerals.

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