About the Holding
Minerals Capital Holding is a Kazakhstan-based holding company bringing together enterprises in the exploration, mining and processing of solid minerals.
The full subsoil-use cycle — from exploration to finished product
The group has been operating since 2018. Over this period the holding has progressed from exploration and deposit appraisal to launching its own mining and processing operations across three regions of Kazakhstan.
Exploration is carried out to the international JORC standard with the involvement of independent international consultants, and reserve estimates undergo state expert review in accordance with the legislation of the Republic of Kazakhstan.
- Active subsoil-use licences and contracts
- In-house mining and processing capacity
- Confirmed resource base under JORC and KazRC standards
- A sustainable operating model and positive EBITDA
Vision
To become Central Asia's leading mining company, where resources are extracted with respect for nature and people.
Mission
To supply the world with high-quality mineral resources by combining experience, expertise and responsible mining and processing practices that contribute to sustainable development.
Milestones
Entry into the Taskora and Muzbel projects
A new team enters the Taskora and Muzbel deposit projects as part of a rehabilitation procedure — with the task of restoring the enterprise's economic and operational activity.
Resumption of production
Restoration of infrastructure, transition to mining and the launch of the first major mining capacity.
First investor and start of large-scale exploration
Attraction of the first investor as a partner in the Taskora and Muzbel projects. Start of large-scale exploration at Muzbel — in partnership with drilling companies and the international laboratories SGS and ALS.
Successful completion of rehabilitation
The enterprise's rehabilitation procedure was successfully completed — a first among subsoil users in Kazakhstan.
New investment
Attraction of investment, expansion of the asset portfolio and the deepening of exploration to the JORC standard.
Kentau project and resource-base growth
Entry into the Kentau project as an investor and partner. Additional exploration at Muzbel — increasing the deposit's resource base.
Berkara project and gold recovery plant upgrade
Entry into the Berkara project as an investor and partner. Modernisation of the gold recovery plant at Taskora to increase processing capacity.
Further development
Exploration of new sites, building out business processes and a long-term strategy across the holding's active projects.
Holding leadership
A management team with experience in geology, mining, finance and corporate governance — from international audit firms to operating mining enterprises.
Yerzhigit Nabiyev
Sets the holding's strategy and oversees the group's development and key transactions.
Mukhtar Nagimov
Responsible for the holding's finance function: budgeting, investment models and reporting.
Ansar Zhansayev
Responsible for investment activities, project appraisal and fundraising.
Magomed Tsakayev
Oversees environmental and social programmes and engagement with government authorities.
Murad Bekenov
Leads the mine's production operations — mining, processing and industrial safety.
Altynshash Zhusipova
Responsible for legal support of subsoil use, licensing and corporate transactions.
Asel Ongarbayeva
Responsible for the group's accounting, tax records and reporting.
Aliya Balgimbayeva
Responsible for HR policy, recruitment and staff development across the holding.
The principles the holding is built on
Minimising impact on nature
Modern mining and processing technologies that reduce the burden on the environment.
Respect and dignity
Fair and equal relationships with employees, partners and local communities.
Health and safety
The safety of people on site is an unconditional priority of every project.
Collaboration and feedback
Open dialogue within the team and with external partners at every level.
Education and development
Training, mentoring and the professional growth of the holding's employees.
Openness and disclosure
Transparency of operations and regular communication with stakeholders.
Why we are trusted
International standards
Exploration and reserve estimation are carried out under the JORC and KazRC codes, with the involvement of independent international consultants and accredited laboratories.
Operating production
The holding is not limited to exploration: active open pits, plants and production infrastructure deliver a stable operating result.
Legal robustness
Exploration and mining licences, subsoil-use contracts and permitting documentation are executed in full compliance with the legislation of the Republic of Kazakhstan.
The holding's assets
Detailed information on the holding's deposits, processing capacity and exploration projects.