KAZ Minerals PLC Notice of Results (0398N)
August 03 2017 - 9:00AM
UK Regulatory
TIDMKAZ
RNS Number : 0398N
KAZ Minerals PLC
03 August 2017
3 August 2017
NOTICE OF HALF-YEARLY RESULTS
FOR THE PERIOD ENDED 30 JUNE 2017
KAZ Minerals PLC will announce its half-yearly results for the
six months ended 30 June 2017 on Thursday 17 August 2017 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 17 August 2017 at 9.00am (UK
time).
The presentation for analysts can also be accessed by conference
call on Thursday 17 August 2017 at 9.00am (UK time). The dial-in
details are as follows:
Telephone: +44(0)20 3003 2666
Please quote the password: KAZ Minerals (KAZ Minerals
Half-Yearly Results 2017)
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 the Bozshakol and Aktogay open
pit copper mines in the Pavlodar and East regions of Kazakhstan,
three underground mines and associated concentrators in the East
Region of Kazakhstan and the Bozymchak copper-gold mine in
Kyrgyzstan. In 2016, total copper cathode equivalent output was 140
kt with by-products of 75 kt of zinc in concentrate, 120 koz of
gold bar equivalent and 3,103 koz of silver bar equivalent.
The Group's new operations at Bozshakol and Aktogay are
delivering one of the highest growth rates in the industry and
transforming 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 and a mine life of 40 years at a copper grade
of 0.36%. The mine and processing facilities will produce an
average of 100 kt of copper cathode equivalent and 120 koz of gold
in concentrate per year over the first 10 years of operations.
Aktogay is a large scale, open pit mine similar to Bozshakol,
with a mine life of more than 50 years and average copper grades of
0.37% (oxide) and 0.33% (sulphide). Aktogay commenced production of
copper cathode from oxide ore in December 2015 and copper in
concentrate production from sulphide ore commenced in February
2017. The sulphide concentrator will have an annual ore processing
capacity of 25 million tonnes when fully ramped up. 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 20 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 13,000 people, principally in Kazakhstan.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORSSAFSDFWSEDA
(END) Dow Jones Newswires
August 03, 2017 09:00 ET (13:00 GMT)
Kaz Minerals (LSE:KAZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kaz Minerals (LSE:KAZ)
Historical Stock Chart
From Apr 2023 to Apr 2024
