KAZ Minerals PLC Notice of Results (1382G)
August 04 2016 - 9:00AM
UK Regulatory
TIDMKAZ
RNS Number : 1382G
KAZ Minerals PLC
04 August 2016
4 August 2016
NOTICE OF HALF-YEARLY RESULTS
FOR THE PERIOD ENDED 30 JUNE 2016
KAZ Minerals PLC will announce its half-yearly results for the
six months ended 30 June 2016 on Thursday 18 August 2016 at 7.00am
(UK time).
A presentation for analysts will be held in the Theatre &
Theatre Gallery at the London Stock Exchange, 10 Paternoster
Square, London EC4M 7LS on Thursday 18 August 2016 at 9.15am (UK
time).
The presentation for analysts can also be accessed by conference
call on Thursday 18 August 2016 at 9.15am (UK time). The dial-in
details are as follows:
Telephone: +44(0)20 3003 2666
Please quote the password: KAZ Minerals
A webcast of the presentation for analysts will also be
available on the KAZ Minerals website (www.kazminerals.com).
For further information please contact:
KAZ Minerals
PLC
==================== ========================== ============
Chris Bucknall Investor Relations, Tel: +44 20
London 7901 7882
Investor Relations, Tel: +44 20
Anna Mallere London 7901 7814
Maksut Zhapabayev Corporate Communications, Tel: +7 727
Almaty 244 03 53
==================== ========================== ============
Instinctif Partners
==================== ========================== ============
Tel: +44 20
David Simonson 7457 2020
==================== ========================== ============
REGISTERED OFFICE
6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL,
United Kingdom.
NOTES TO EDITORS
KAZ Minerals PLC ("KAZ Minerals" or "the Group") is a high
growth copper company focused on large scale, low cost, open pit
mining in Kazakhstan. It operates four mines and three
concentrators in the East Region of Kazakhstan, the Bozymchak
copper-gold mine in Kyrgyzstan, the Bozshakol open pit copper mine
in the Pavlodar region of Kazakhstan and the oxide phase of the
Aktogay project. In 2015, total copper cathode output from the East
Region and Bozymchak was 81 kt with by-products of 94 kt of zinc in
concentrate, 3,135 koz of silver and 35 koz of gold bar.
The Group's major growth projects at Bozshakol and Aktogay are
expected to deliver one of the highest growth rates in the industry
and transform KAZ Minerals into a company dominated by world class,
open pit copper mines.
Bozshakol is a first quartile asset on the global cost curve and
will have an annual ore processing capacity of 30 million tonnes
when fully ramped up, with a mine life of 40 years at a copper
grade of 0.36%. The mine and processing facilities will produce 100
kt of copper cathode equivalent and 120 koz of gold in concentrate
per year over the first 10 years of operations.
The Aktogay project in the East of Kazakhstan is the Group's
second copper mining asset under construction. Aktogay commenced
production of copper cathode from oxide ore in December 2015, and
the production of copper in concentrate from sulphide ore is
expected to begin in 2017. The sulphide concentrator will have an
annual ore processing capacity of 25 million tonnes when fully
ramped up. The deposit has a mine life of more than 50 years with
average copper grades of 0.33% (sulphide) and 0.37% (oxide).
Aktogay is competitively positioned on the global cost curve and
will produce an average of 90 kt of copper cathode equivalent from
sulphide ore and 15 kt of copper cathode from oxide ore per year
over the first 10 years of operations.
KAZ Minerals is listed on the London Stock Exchange, the
Kazakhstan Stock Exchange and the Hong Kong Stock Exchange and
employs around 12,000 people, principally in Kazakhstan.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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