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29.05.2020 16:23 #Corporate events

KAZ Minerals PLC (United Kingdom) provides Q1 2020 production report

/KASE, May 29, 2020/ – KAZ Minerals PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a production report of the group KAZ Minerals PLC for the first quarter of 2020 stating as follows:

quote

Основные показатели

  • Copper production of 74.9 kt (Q4 2019: 80.9 kt), 7% above prior year comparative period (Q1 2019: 70.0 kt) and on track to achieve 2020 guidance of 280-300 kt
  • Strong gold production of 55.4 koz (Q4 2019: 55.3 koz) driven by high ore throughput at Bozshakol
  • Net debt $2,796 million (31 December 2019: $2,759 million) with $306 million of undrawn facilities and cash of $1,055 million, following draw down of PXF facility amended on 28 January 2020.

unquote

The report is available on KASE website – see more

[2020-05-29]