Information/
Market and Company News
KAZ Minerals PLC (United Kingdom) announces production results for third quarter ending September 30, 2014
/KASE, November 19, 14/ – KAZ Minerals PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release of October 30, 2014:
quote
East Region and Bozymchak – Retained Assets
- Copper cathode output of 59 kt for the nine months, 10% above the prior year period
- Output benefited from the Nikolayevsky modernisation programme which raised the concentrator recovery rate from 80% to 88%
- Retained Assets remain on track to achieve 2014 full year copper cathode production guidance of 80 kt to 85 kt
- Zinc in concentrate output of 89 kt, silver output of 2,630 koz, both in line with expectations for full year target
- Gold output of 23 koz for the first nine months, full year output should include a contribution from Bozymchak, dependent on the timing of processing at the Balkhash smelter
unquote
The full press-release is available on KASE website at see more
[2014-11-19]