KAZAKHSTAN TODAY
Unique geology characterized by metallogeny of multiple orogenic belts dues to collision of microcontinents along the Siberian platform, Kazakhstan holds strong positions among the top-10 largest global producers of:
Main changes of New Mining Code:
- All information becomes public and transparent.
- Licensing instead of contracting on a case-by-case basis.
- “First application” principle (similar to Australian) for granting the subsoil use rights.
- Lease payments of subsoil users under licenses substitute the previous practice of defined allocations for social and economic development of the region.
Ore occurrence with resources ≥ 500,000 t of contained metal
Ore occurrence with resources ≥ 25,000 t of contained metal
Ore occurrence with resources ≥ 3 t of contained metal
Threshold values for rare earth elements vary on a case-by-case basis
GWM Capital Junior Mining Fund
Ore occurrence with resources ≥ 10 Mt of ore
Future Minerals Junior Mining Fund CEIC Ltd. has been established by GWM Capital Ltd. under the AIFC framework. GWM Capital Ltd. also acts as the licensed Fund Manager, bringing its expertise in due diligence, financial structuring, legal compliance, and project oversight to ensure the fund is managed with transparency, discipline, and industry knowledge.
Ore occurrence with resources ≥ 300,000 t of contained metal
Ore occurrence with resources ≥ 500,000 t of contained metal
Ore occurrence with resources ≥ 25,000 t of contained metal
We target high-potential deposits in Kazakhstan, guided by geological evidence and economic indicators. Thresholds below are exploration targets only, not Mineral Resources or Ore Reserves (JORC/KAZRC).
Exploration Focus
GWM Capital Junior Mining Fund
Future Minerals Junior Mining Fund CEIC Ltd. has been established by GWM Capital Ltd. under the AIFC framework. GWM Capital Ltd. also acts as the licensed Fund Manager, bringing its expertise in due diligence, financial structuring, legal compliance, and project oversight to ensure the fund is managed with transparency, discipline, and industry knowledge.
- Opportunity LandscapeTransparent access to subsurface resources – since 2018, Kazakhstan has applied a first-bid principle, ensuring a clear, rules-based system for subsoil rights.
Rising global demand – lithium, copper, and uranium are critical for the energy transition, with Kazakhstan holding strategic reserves. - Fund’s RoleFuture Minerals Junior Mining Fund CEIC Ltd. provides a regulated gateway for international capital into Kazakhstan’s early-stage exploration projects. Structured under the AIFC and managed by GWM Capital Ltd., the fund ensures transparent governance, compliance, and investor protection.
- Market GapsUnderstructured junior mining deals – local exploration projects often lack institutional governance and access to capital.
Limited investment vehicles – absence of standardized funds and SPVs restricts institutional investor entry.