Kazzinc is Kazakhstan’s largest gold producer and the country’s only LBMA-accredited refinery.
Kazzinc was founded in 1997. In the progressive liberalization of the former USSR’s economy, three Kazakhstan-owned companies specializing in metals refining merged: Ust-Kamenogorsk Lead and Zinc Combinate; Leninogorsk Polymetallic Combinate, and; Zyryanosk Lead Combinate.
The company’s shares were sold to Glencore International AG, making it the main Kazzinc shareholder. The Glencore multinational corporation also owns Britannia Refined Metals Ltd, another gold and silver refinery. Kazzinc owns six mines and several refinery plants.
Gold and silver refining constitutes a significant percentage of Kazzinc’s activities.
In 2014, its annual production rose to 120 metric tons of silver and 14 metric tons of gold.
The company has devoted much effort, these last few years, to its management methods and production chain, in order to obtain the right to distribute its products on the international markets.
Their 1,000oz silver bars now conform to market demands with a guaranteed fineness of .999. Their gold bars also respect fineness standards.
Kazzinc bars bear the brand logo, a modified K, along with the word Kazakhstan in Cyrillic letters in a circle.
Kazzinc also refines approximately twenty other metals including zinc, mercury, copper, platinum, and aluminum.
The company owns its own network of mines to supply its refineries.
Since the 2000s, Kazzinc has regularly achieved international certifications such as ISO 9001 and ISO 14001, for the quality of its management system and its respect for environmental norms.
These efforts have led to Kazzinc obtaining official LBMA supplier status in January 2013.
The company is also making efforts toward the environment, by implementing a program to reduce energy consumption and improve metals recycling and its recuperation processes.