Kazakhmys PLC announces the closing of the Dostan-Temir LLP acquisition
03.04.07 11:41
/Kazakhmys PLC, April 2, 07/ - Kazakhmys announces today that, further
to reaching the agreement to acquire Dostan-Temir LLP, announced on 8
March 2007, all the conditions of the acquisition agreement have been
duly fulfilled and the acquisition has now completed.
Dostan-Temir LLP is a Kazakhstan based company, which holds the right
to sign the contract to undertake further exploration for oil and gas
in the East Akzhar Exploration Block ("East Akzhar") in Western Kazakhstan.
For further information please contact:
Jinsoo Yang, Head of Investor Relations
Sergei Stephantsov, Deputy Head of Investor
Relations
Kazakhmys PLC
Tel:+44 20 7901 7800
Robin Walker
Finsbury
Tel:+44 20 7251 3801
NOTES TO EDITORS
Kazakhmys is a London listed natural resources company with operations
in Kazakhstan. Kazakhmys' principal business is the mining, processing,
smelting, refining and sale of copper and copper products, including
copper cathode and copper rod, and is carried on by the Company's main
subsidiary Kazakhmys Corporation LLC. The Group's operations are
vertically integrated. Kazakhmys operates 19 open pit and underground
mines and two smelting and refining complexes in the Republic of
Kazakhstan. Kazakhmys also owns significant rail infrastructure in
Kazakhstan and MKM, a copper products fabrication company in Germany.
[2007-04-03]