Arras Minerals Corp. V.ARK

Alternate Symbol(s): ARRKF

Metals & Mining Industrial Metals & Minerals

Arras Minerals Corp. is a Canadian exploration and development company. The Company is advancing a portfolio of copper and gold assets in northeastern Kazakhstan. The Company’s assets consist primarily of the option to acquire a 100% interest in the Beskauga property in Kazakhstan and conducting its operations through Ekidos Minerals LLP (Ekidos), which holds exploration licenses for properties located in northeastern Kazakhstan. The Beskauga project is located at 350 meters above sea level and sits within the Central Asian Orogenic Belt in northeastern Kazakhstan. The Company also holds a Tay exploration license (Tay). The license covers 118 square kilometers in northeastern Kazakhstan and is located within the Bozshakol-Chingiz magmatic arc, an under-explored emerging porphyry province.

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Arras Minerals Corp.

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Post by tamarion Feb 19, 2024 8:46pm

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Post# 35888095

Growing appreciation for KZ mining destination

Key German Companies Create Consortium for Lithium Mining in Kazakhstan

By Dana Omirgazy in Business, Editor’s Picks, International on 16 February 2024

ASTANA – Leading German companies – Knauf Group, GP Gnter Papenburg AG, Roxtec, as well as the German Institute of Lithium (ITEL) – have joined forces to form a consortium for lithium mining using Kazakhstan’s deposits, reported the Ministry of Industry and Construction on Feb. 16. (cont - https://astanatimes.com/2024/02/key-german-companies-create-consortium-for-lithium-mining-in-kazakhstan/.)

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Meanwhile Mexico is becoming less attractive, even if the proposal doesn't pass.

Mexican mining sector balks at plan to ban open-pit mines

It said open-pit mines represent more than $3.9 billion in investment and 200,000 direct jobs, and warned that a ban would eventually affect supply chains, forcing Mexico to import minerals at a ...

https://www.reuters.com/markets/commodities/mexican-mining-sector-balks-plan-ban-open-pit-mines-2024-02-15/