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Development of Bel-Alma coalfield to annually bring $1 mln to public budget -- Geology Agency.

Development of the Bel-Alma coalfield will annually bring nearly $1 million to the public budget, said Head of the State Agency for Geology and Mineral Resources Duishenbek Zilaliyev during the session of the bids commission for the coalfield.

He agreed that too many licenses had been issued for coal mining due to liberal law.

"We propose to tighten the law within requirements or cancellation of a license. Nearly 90% of coalfields have been licensed... I believe, however, there are still grounds for changes if the law is tightened. We will raise this issue again," promised Zilaliyev.

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Publication:AKIpress News Agency
Date:May 7, 2015
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