14-16 April 2026 Astana, Kazakhstan

Deal or No Deal? Making Early-Stage Kazakh Mining M&A Work

Format: Presentations and panel discussion 

The challenge of evaluating and negotiating mining projects is a symptom of a market in transition in Kazakhstan. Small mining companies that cling to unrealistic, un-modelled price expectations risk being left behind as the sector consolidates around sophisticated majors and state-backed giants. Conversely, buyers who fail to appreciate the improving regulatory landscape, the tax benefits, and the genuine geological potential of the region will miss out on the global race for critical minerals. The case-based approach demonstrates that the valuation gap is bridged when both sides stop looking at the ground and start looking at the project’s technical, financial, and legal "Basis of Design".

Moderator
Kassi Beisembetov
Managing Partner
Alphamar
Presentations:
10:00 - Attracting Investment and M&A Transactions in the Mining Sector

Vladislav Lozovoi
Head of Business Development
ALT Management
10:10 - Evaluation and Comparison of Early Stage Exploration Assets

Anna Fardell
Principal Resource Geologist
SLR Consulting
Panellists:
Michael Zlobin
Head of Equity for Natural Resources
European Bank for Reconstruction and Development (EBRD)
Che Osmond
Technical Director - Mining Advisory
SLR Consulting