KAZ Minerals PLC (United Kingdom) comments on recent speculations regarding the Baimskaya copper deposit

/KASE, February 23, 2018/ – KAZ Minerals PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided the KASE with press release dated February 16, 2018, in which it states: quote KAZ Minerals PLC notes recent speculation regarding the Baimskaya copper deposit. KAZ Minerals continually evaluates potential new mining projects to identify attractive long-term investment opportunities for the Group. KAZ Minerals confirms that it is currently evaluating the potential acquisition of a majority stake in the Baimskaya project. Baimskaya is a large copper-gold porphyry deposit located in the Chukotka region of Russia, with JORC resources of 9.5 Mt of copper at an average copper grade of 0.43% and 16.5 Moz of gold at an average grade of 0.23 g/t. There can be no certainty that any transaction will be forthcoming or on what terms it would occur. Further information will be announced to the market as and when appropriate. For further information please contact: KAZ Minerals PLC Anna Mallere, Financial Analyst, Investor Relations Department, London Tel: +44 20 7901 7814 Maksut Zhapabayev, Chief of Corporate Communications Department in Almaty Tel: +7 727 244 03 53 Almas Sadykov, Manager, Corporate Communications Department in Almaty Tel: +7 727 244 03 53 unquote [2018-02-23]