14th Feb 2013 14:00
14 February 2013
KAZAKHMYS PLC ANNOUNCES NOTICE OF TRADING UPDATE & PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012
Kazakhmys PLC ('Kazakhmys') will announce its Trading Update for the year ended 31 December 2012 on Thursday 28 February 2013 at 7.00am (UK time).
The Trading Update will provide operational and financial results for the Group's managed businesses but will not include the contribution from ENRC PLC, in which Kazakhmys holds a 26% interest.
ENRC PLC is scheduled to announce its annual results on Wednesday 20 March 2013 and, on Tuesday 26 March 2013, Kazakhmys will release a consolidated Preliminary Results announcement including equity accounted earnings from ENRC PLC.
A presentation for analysts will be held in Room 149/150 at Linklaters LLP, One Silk Street, London EC2Y 8HQ, United Kingdom at 9.00am (UK time) on Thursday 28 February 2013.
The presentation for analysts can also be accessed by conference call at 9.00am (UK time). The dial-in details are as follows:
Telephone: + 44 (0) 20 3037 9315
Please quote the password: Kazakhmys (Kazakhmys Trading Update 2012)
A webcast of the presentation for analysts will also be available on the Kazakhmys website (www.kazakhmys.com).
For further information please contact:
Kazakhmys PLC | |||
John Smelt | Corporate Communications, London | Tel: +44 20 7901 7882 | |
Maria Babkina | Corporate Communications, London | Tel: +44 20 7901 7849 | |
Irene Burton | Financial Analyst, London | Tel: +44 20 7901 7814 | |
Maksut Zhapabayev | Corporate Communications, Almaty | Tel: +77 27 2440 353 | |
College Hill | |||
David Simonson | Tel: +44 20 7457 2031 | ||
Anca Spiridon | Tel: +44 20 7457 2842 | ||
Hill & Knowlton Hong Kong |
| ||
K W Lam | Tel: +852 2894 6321 | ||
REGISTERED OFFICE
6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL, United Kingdom.
Notes to Editors
Kazakhmys PLC is a leading international natural resources group with significant interests in copper, gold, zinc, silver and power generation.
It is the largest copper producer in Kazakhstan and one of the top worldwide with 16 operating mines, 10 concentrators and 2 copper smelters. Kazakhmys Mining's operations are fully integrated from mining ore through to the production of finished copper cathode and rod. Total copper cathode equivalent produced in 2012 from own ore was 292 thousand tonnes. Production is backed by a captive power supply and significant rail infrastructure.
Kazakhmys Mining produces significant volumes of other metals, including zinc, silver and gold. In 2012, it produced 152 thousand tonnes of zinc in concentrate. The Group is amongst the largest silver producers in the world with 12.6 million ounces produced in 2012.
Kazakhmys Power has a 50% interest in the coal fired Ekibastuz GRES-1 plant, the largest in Kazakhstan. The plant is undergoing a modernisation programme to take current capacity of 3,000 MW to its nameplate capacity of 4,000 MW. Kazakhmys Power also operates the captive coal mines and power stations which supply electricity to the Kazakhmys Mining.
The Group is part of the FTSE-100 index of companies listed on the London Stock Exchange and is also listed on the Kazakhstan Stock Exchange (KASE) and Hong Kong Stock Exchange (HKSE). It had revenues from continuing operations of $3.6 billion in 2011 with an operating profit of $1.2 billion. The Group employs around 60,000 people, principally in Kazakhstan. The Group's strategic aim is to optimise its current operations, deliver its major growth projects and to diversify and participate in the development of the significant natural resource opportunities in Central Asia.
Related Shares:
KAZ.L