KAZ Minerals published production activity and audited financial results for 2016.
KAZ Minerals Group announces of the production of the first saleable cooper concentrate out of sulfide ore at the Aktogay GOK in conformity with the planned schedule for Q1 2017.
KAZ Minerals has announced of a 73% growth of copper production in 2016 and forecast its further increase in 2017 due to the reaching a full capacity of the Bozshakol project and start of extractio
KAZ Minerals produced 97.1 thousand tons of copper in cathode equivalent in January-September 2016 (+66% y-o-y).
KAZ Minerals Group has completed the construction and began the commissioning work at the Bozshakol concentrator processing kaolinized ore with the capacity of 5 million tons, the chairman of the c
KAZ Minerals has completed construction and began commissioning works at Bozshakol concentrator for kaolinized ore processing.
They plan to direct approximately 115 billion tenge for an expansion of production capacities at “Kazakhmys” Corporation this year.
Kazakhmys (Kazakhstan) produced 111.6 thousand tons of copper in cathode equivalent in the first half of 2016 (+8.3 thousand tons or 8%) against the same period last year.
KAZ Minerals sold 45.5 thousand tons of cathode copper and 8.7 thousand tons of copper cathode equivalent in concentrate in H1, 2016.
The largest copper producer in Kazakhstan KAZ Minerals increased base profit up to $76 million in the first half of 2016 from $2 million over the same period last year.