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Iron & Steel | Metal | Mineral | Non-Metallic Mineral Products

Kazakhmys releases production report

http://mineweb.net/mineweb/view/mineweb/en/page674 [2008-8-1]

Tag : zinc rod

Notes to Editors
Kazakhmys PLC is a leading international natural resources group,listed in the UK and Kazakhstan, with significant interests incopper, gold, zinc, silver, power generation and petroleum.
It is the largest copper producer in Kazakhstan and one of the topten worldwide with 20 mines, 10 concentrators and 2 smelters.Kazakhmys copper operations are fully integrated from mining orethrough to the production of finished copper cathode and rod. Totalcopper cathode produced in 2007 from own ore was 341 thousandtonnes. Production is backed by a captive power supply andsignificant rail infrastructure. Kazakhmys also owns MKM, anupstream copper products fabrication company in Germany, whichproduces a range of pre- and semi-finished copper and copper alloyproducts.
Kazakhmys Copper produces significant volumes of other metals,including zinc, silver and gold. In 2007, it produced 45 thousandtonnes of zinc metal and 133 thousand tonnes of zinc concentrate.Kazakhmys is the fourth largest silver producer in the world (19million ounces produced in 2007). Kazakhmys Gold, which acquiredEurasia Gold Inc in July 2007, includes substantial new developmentand exploration opportunities. The Group produced 146 thousandounces of gold in 2007 and has measured and indicated resources of2.3 million ounces.
Kazakhmys Power owns the recently acquired coal fired EkibastuzGRES-1 plant, the largest in Kazakhstan with a nameplate capacityof 4,000 MW. In addition, it owns the Maikuben open cast coal mine,supplying around 20% of the power plant's fuel requirementsproducing over 3.4 million tonnes of coal in 2007.
Kazakhmys Petroleum has acquired the Dostan-Temir LLP explorationblock, with an area of 602km², located on the eastern fringeof the Caspian depression.
The Group is part of the FTSE-100 index of companies listed on theLondon Stock Exchange and is also listed on the Kazakhstan StockExchange (KASE). It had revenues of $5.3 billion in 2007 withEBITDA of $2.3 billion. The Group employs some 65,000 people,principally in Kazakhstan. The Group's strategic aim is todiversify and participate in the development of the significantnatural resource opportunities in Central Asia.
Copper Summary
Kazakhmys Copper Production

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