Management of Kazakhmys had informed the head of state about development plans of company for year 2008

/INTERFAX-KAZAKHSTAN, Astana, November 20, 07/ - President of Kazakhstan Nursultan Nazarbayev had conducted the meeting with board of directors of Kazakhmys corporation, the press-service of head of the state informed on Tuesday. During the meeting president of Kazakhmys Vladimir Kim "informed the head of state about activity results of corporation in year 2007 and development plans for year 2008", is said in the message. As it is noted in the message, board of directors of Kazakhmys had taken place in Astana for the first time, and by the order of head of the state this action will take place in Kazakhstan once a year. "Today Kazakhmys PLC had conducted very important meeting. We discussed the new projects, which will let to rise the wealth of company. $14 m. were extracted for their realization", - the independent director of Kazakhmys Lord Renvik told, whose words are quoted in the message. Kazakhmys - the largest in Kazakhstan producer of copper, in year 2005 had offered its shares on London exchange from name of Kazakhmys Plc holding, registered in Great Britain. Kazakhmys includes four production units: Zhezkazgantsvetmet, Balkhashtsvetmet, Vostoktsvetmet, Karagandatsvtemet, and also has oil and gold mining subdivisions. [2007-11-21]