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23.02.2021 10:49 #Corporate events

KAZ Minerals (United Kingdom) provides 12M and Q4 2020 production report

/KASE, February 23, 2021/ – KAZ Minerals PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following production report of the group KAZ Minerals PLC for the twelve months and fourth quarter of 2020:

quote

Full year copper production1 of 305.7 kt (FY 2019: 311.4 kt), 2% above guidance range with strong performance at all divisions

  • Copper sales of 300.4 kt (FY 2019: 316.9 kt). Sales were below production volumes due to year end shipment delays at Kazakhstan-China border
  • Q4 copper production1 of 75.7 kt (Q3 2020: 76.2 kt) with scheduled maintenance completed efficiently
  • Full year gold production2 of 196.3 koz (FY 2019: 201.5 koz) supported gold sales of 204.6 koz (FY 2019: 225.0 koz). December production impacted by low grade and recovery at Bozshakol and suspension of Bozymchak, however sales exceeded production following release of inventory

unquote

The report is available on KASE website:

[2021-02-23]