AKIPRESS.COM - "In terms of geological factors, legal system, and availability of qualified personnel, we believe that Kazakhstan is a very attractive country for investments in the gold mining industry," CEO “Polymetal International” Vitaly Nesis said at the CCS press conference.

The group “Polymetal International” has a portfolio of debt financing of about $1.2 billion. The group works with the Eurasian Development Bank.

The company is in constant dialogue with the narrow circle of the interested banks and is confident in obtaining project financing for "Kyzyl" - one of the most significant asset of “Polymetal International”.

The project "Kyzyl", located in the north-east of Kazakhstan, includes gold deposits Bakyrchik and Bolshevik. It is expected that the financing of the first of them will exceed $ 1 billion.