Kazakhstan has confiscated nearly $200 million in mining equipment from unregistered miners

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Kazakhstan has confiscated nearly $200 million in mining equipment from unregistered miners
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The Financial Monitoring Agency also reported that it had registered 25 previously illegal businesses.

55 mining companies have voluntarily closed down, while the agency has forced 51 more to end their activities.

Those activities included failure to report the start of mining operations to government agencies, illegally connecting to the electrical grid, setting up shop in special economic zones, or failure to pay taxes and customs.

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