News: Friday, August 03, 2012 -- Issue 1573 
Kazakhstan General
Astana to host international conference on nuclear disarmament
An international conference From the nuclear test ban to a world free of nuclear weapons, which brings together parliamentarians from around the world will be held ...
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Ñhina says Kazakhstan's gold medalist is actually from China
By Richard Orange
Zulfiya Chinshanlo triumphed at women's weightlifting at the Olympics, but her nationality is disputed.
When photographer Ikuru Kuwajima and I visited Kazakhstan's Olympic weightlifting training ...
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Oil and Gas Sector
New CEO of Asian Gas Pipeline appointed
By D. Mukhtarov
A new CEO of The Asian Pipeline is appointed in Kazakhstan, Kazakh national company KazTransGas said on Friday.
"Shayakhmetov Beimbeta appointed CEO of the partnership ...
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Jupiter sees conversion of US$3.45m SNG notes to 8.2m shares
Jupiter Energy this morning announced that the US$3.45m of convertible notes held by Soyuzneftegas Capital Limited (SNG) have been converted at US$0.41 (AUD0.40) into ordinary shares ...
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Aktau seaport reduces cargo transshipment by 4.5% in January-July
The Aktau International Seaport handled 6.73 mln tons of dry and oil cargoes in January-July 2012, which was 4.5% less than during the same period of ...
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Kazakhstani oil export drop 6.5% in H1
The export of crude oil and gas condensate decreased by 605% in H1 2012 to 34.6 mln tons, the Customs Control Committee under the Ministry of ...
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CPC decreases oil export by 6.2% in January – July
Caspian Pipeline Consortium (CPC) exported 17.8 mln tons of oil in January-July, an amount that was 6.2% less than during the same period of 2011, a ...
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Finance and Investment
Kazakh refinance rate cut to 5.5%
The National Bank of Kazakhstan has lowered the refinance rate to 5.5% from 6 of August 2012.
The move represents the fourth such cut this year ...
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S&P revises outlook for KKB to negative from stable
S&P announced yesterday that it has revised its outlook for Kazkommertsbank to negative from stable. The 'B+' long-term and 'B' short-term counterparty credit ratings were affirmed.
The ...
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Metals and Minerals
KazKhrom decreases ferrochrome production by 2.8% in 2nd quarter
KazKhrom produced 278 thousand of ferrochrome in the second quarter of the year -- 2.8% less than in same period of 2011, KazTag reports.
Chrome ore ...
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Frontera Resources provides business update
Frontera Resources yesterday announced a business update. Three rigs are currently in operation at Mirzaani Field, Mtsare Khevi Field and Taribani Field to maintain and enhance ...
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Kentor Gold announces production results for Q2 2012
Kentor Gold yesterday announced production results for 2Q2012.
The company released drilling results at the Australian assets: The Jervois project is strengthening and could become Kentor’s ...
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Centerra Gold announces weak 2Q2012 results
Centerra Gold announced its 2Q2012 results last night after close of Canadian trading. The company reported a net loss of US$54.6m or US$0.23/share against 2Q2010 results ...
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Ust-Kamenogorsk Titan-Magnesium Plant net profit jumps 1.8 times in H1
The Ust-Kamenogorsk Titan-Magnesium Plant’s net profit increased to 2.498 bln tenge in H1 2012, which was 1.8 times more than the same period of 2011, the ...
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ENRC ups extraction of certain ores in Q1 2012
By E. Kosolapova
Eurasian Natural Resources Corporation PLC (ENRC) has increased its extraction of certain ores in the first half of 2012 compared to the same period ...
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Copper export rises by 52.1% to 186 thousand tons in H1
Kazakhstan’s export of refine copper and untreated copper alloys rose by 52.1% to 186 thousand tons in H1 of the current year, the Customs Control Committee ...
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ENRC gets Frontier mining license
Eurasian Natural Resources Corporation said its subsidiary Frontier Sprl has been granted a mining license for its Frontier copper mine in the Democratic Republic of the ...
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Silver exports shoot up by 67.3% to 424.5 tons in H1
Kazakhstan’s silver exports increased by 67.3% to 424.5 tons in H1 of the current year the Customs Control Committee states.
Kazakhstan exported untreated, half black or ...
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ArcelorMittal Temirtau fined for environmental damage
ArcelorMittal Temirtau and Central Asia Cement have been fined over 57 million tenge ($380 thousand) for environmental damage, Tengrinews.kz reports citing the Temirtau Prosecutor's Office.
These companies ...
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Trade and Consumer Goods
Kazakhstan to develop national export strategy
A national export strategy is proposed to be developed in Kazakhstan to strengthen competitiveness of domestic enterprises, Deputy Chairman of the Board of "Kaznex Invest" National ...
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Communications and Transportation
EDB to provide $56 million on construction of carriage repair complex in Kazakhstan
Eurasian Development Bank (EDB) will provide $56 million for the construction of a new carriage repair complex in Kazakhstan, the bank reported on Thurrsday.
"The EDB signed ...
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EDB lends 10 bln tenge for Alstom locomotives in Kazakhstan
EDB will allocate 10 bln tenge loan for a electric locomotives project in Kazakhstan, a press message from the bank reads.
“Yesterday, the EDB signed a facility ...
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Kazakhstan Temir Zholy increases goods traffic by 6.8% in H1
Goods traffic shipped by Kazakhstan Temir Zholy totaled 143.5 tons in H1, which was 6.8% more than during the same period of 2011, a press message ...
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People and Professional Development
ATF Bank appoints Abdugaliev to Management Board
A protocol issued from ATF that was published on the KASE has announced an addition to its Management Board.
“The Board of Directors has made the following ...
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Regional News
Samara Region makes additional bond offering to a total of 3.457 bln RUB with 9.3% yield
On August 2 an additional placement of the Samara Region’s series 35008 bonds was made on the MICEX Stock Exchange. The volume of the additional placement ...
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Caspian Oil and Gas intends to cease operations in Kyrgyz Republic
Caspian Oil & Gas announced its 2Q2012 activities report. The company’s Mailisu III #6 well is currently producing 10bopd, with a production start in late May ...
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Kyrgyz extremism remains a concern
By Sanzhar Sharipov
The Kyrgyz extremist situation remains challenging, the Interior Ministry (MVD) press office said July 31 after police reviewed their achievements in the first half ...
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Turkey to build $7.5M bread factory in Kyrgyzstan
Turkey will invest further in the Kyrgyz economy and build a bread factory worth $7.5 million, the mayor of Bishkek told reporters today.
The factory will be ...
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Uzbeks block text messaging on exam day
Uzbek authorities August 1 blocked text messaging and mobile internet use nationwide during nationwide university entrance exams from 8.30am to 1.30 pm, Uzmetronom reported.
Cell phone ...
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Prices and Statistics
Volume and Share Index by Visor Capital
Date: August 3, 2012; Source: Visor Capital
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Market Movers by Visor Capital
Date: August 3, 2012; Source: Visor Capital
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Oil and Gas Prices
Date: August 3, 2012; Source: Bloomberg.com
| Petroleum
($/bbl) |
|
Price* |
Change |
%Change |
Time |
| Nymex Crude Future |
87.63
|
0.50 |
0.57
|
01:48 |
| Dated Brent Spot |
106.77 |
0.38 |
0.36
|
01:59 |
| WTI Cushing Spot |
87.13 |
-1.78
|
-2.00
|
08/02 |
| Petroleum
(cent/gal) |
|
Price* |
Change |
%Change |
Time |
| Nymex Heating Oil Future |
284.95
|
0.72
|
0.25
|
01:25
|
| Nymex RBOB Gasoline Future |
287.18
|
0.22 |
0.08 |
01:27 |
| Natural gas
($/MMBtu) |
|
Price* |
Change |
%Change |
Time |
| Nymex Henry Hub Future |
2.92 |
0.00 |
-0.14 |
01:50 |
| Henry Hub Spot |
3.15 |
-0.05 |
-1.56 |
08/02 |
| New York City Gate Spot |
3.41
|
-0.06
|
-1.73 |
08/02
|
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Commodities
Date: August 3, 2012; Source: Bloomberg.com
| Commodity |
Price |
Change |
%Change |
Time |
| COPPER FUTURE (USd/lb.) |
331.200 |
2.150 |
0.65 |
01:43 |
| GOLD 100 OZ FUTR (USD/t oz.) |
1,593.600
|
2.900
|
0.18
|
01:42 |
| SILVER FUTURE (USD/t oz.) |
27.110 |
0.115 |
0.43
|
01:42 |
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Metal Prices
Date: August 3, 2012; Source: Kitco.com
| Silver |
27.16 |
+0.03 |
| Platinum |
1383.00
|
+2.00
|
| Palladium |
570.00
|
+4.00
|
| Rhodium |
1,150.00 |
0.00
|
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Exchange Rates
Date: August 3, 2012; Source: the National Bank of Kazakhstan
| 1 USD |
KZT 150.15 |
1 CHF |
KZT 153.25 |
1 CNY |
KZT 23.58 |
1 TRY |
KZT 83.56 |
1 JPY |
KZT 1.92 |
| 1 EUR |
KZT 184.19 |
1 AUD |
KZT 157.52 |
1 KGS |
KZT 3.18 |
1 UZS |
KZT 0.08 |
1 BYR |
KZT 0.02 |
| 1 GBP |
KZT 233.21 |
1 CAD |
KZT 149.48 |
1 RUB |
KZT 4.63 |
1 KRW |
KZT 13.27 |
1 UAH |
KZT 18.51 |
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