OREANDA-NEWS. January 24, 2007. The sides dwelt on the outcome of the IPO run by the mining major at the LSE, reported the Official website of http://en.government.kz.

At the Government’s House in Astana, Kazakhstan’s Prime Minister Karim Massimov met Dr. Johannes Sittard, CEO of the Eurasian National Resources Corporation (ENRC).

According to the company’s head, successfulness of the IPO and following capitalization will contribute to further implementation of investment projects by ENRC in Kazakhstan.

Dr. Sittard briefed Head of the Government on the company’s investments strategy which envisages injection of about USD 2,8 billion to expand the company’s operations in Kazakhstan.

On behalf of the ENRC shareholders, Dr. Sittard thanked the Prime Minister for his support and expressed hope that fruitful cooperation of the company with the Government would further contribute to the industrial sector development and job creation, increasing the macroeconomic return of the mining industries.