Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Notice of Results

14th Aug 2009 15:00

RNS Number : 4864X
Kazakhmys PLC
14 August 2009
 



14 August 2009 

NOTICE OF HALF-YEARLY RESULTS

FOR THE PERIOD ENDED 30 JUNE 2009

Kazakhmys PLC will announce its half-yearly results for the period ended 30 June 2009 on Thursday 27 August 2009 at 7.00am London time.

A presentation for analysts will be held in the Presentation Suite at JPMorgan, 10 Aldermanbury, London EC2V 7RF at 8.45am London time.

 

For further information please contact:

Kazakhmys PLC

John Smelt

Head of Corporate Communications

Tel: +44 20 7901 7882

Tel: +44 78 7964 2675

Irene Burton

Financial Analyst

Tel: +44 20 7901 7814

Zulfira Mukhamediyarova

Senior Manager - Media Relations

Tel: +77  27  266  317

Merlin

David Simonson

Tel: +44 20 7653 6620

Tom Randell

Tel: +44 20 7653 6620

Leonid Fink

Tel: +44 20 7653 6620

ends -

Notes to Editors

Kazakhmys PLC is a leading international natural resources group, listed in the UK and Kazakhstan, with significant interests in copper, gold, zinc, silver, power generation and petroleum.

It is the largest copper producer in Kazakhstan and one of the top ten worldwide with 20 mines, 10 concentrators and 2 smelters. Kazakhmys copper operations are fully integrated from mining ore through to the production of finished copper cathode and rod. Total copper cathode produced in 2008 from own ore was 343 thousand tonnes. Production is backed by a captive power supply and significant rail infrastructure. Kazakhmys also owns MKM, an upstream copper products fabrication company in Germany, which produces a range of pre- and semi-finished copper and copper alloy products.

Kazakhmys Copper produces significant volumes of other metals, including zinc, silver and gold. In 2008, it produced 48 thousand tonnes of zinc metal and 137 thousand tonnes of zinc concentrate. Kazakhmys is the fourth largest silver producer in the world (17 million ounces produced in 2008). 

Kazakhmys Gold, which acquired Eurasia Gold Inc in July 2007, includes substantial new development and exploration opportunities. The Group produced 179 thousand ounces of gold in 2008 and has measured and indicated resources of 2.3 million ounces.

Kazakhmys Power owns the recently acquired coal fired Ekibastuz GRES-1 plant, the largest in Kazakhstan with a nameplate capacity of 4,000 MW. In addition, it owns the Maikuben open cast coal mine, supplying around 20% of the power plant's fuel requirements producing over 3.6 million tonnes of coal in 2008.

Kazakhmys Petroleum owns the East Akzhar exploration block, with an area of 602km², located on the eastern fringe of the Caspian depression. 

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). It had revenues of $5.2 billion in 2008 with EBITDA of $2.0 billion. The Group employs some 67,000 people, principally in Kazakhstan. The Group's strategic aim is to diversify and participate in the development of the significant natural resource opportunities in Central Asia.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NORPIMJTMMIBBLL

Related Shares:

KAZ.L
FTSE 100 Latest
Value8,463.46
Change46.12