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

29.05.20, 16:23
/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 – https://kase.kz/files/emitters/GB_KZMS/gb_kzms_reliz_300420_1.pdf [2020-05-29]