14th Dec 2007 11:36
Kazakhmys PLC14 December 2007 14 December 2007 Kazakhmys PLC Restarts Production at South Mine On 8 October Kazakhmys PLC announced that there had been a flood at its SouthMine in the Zhezkazgan complex which had led to an interruption in transportingextracted ore from the mining horizons. Following a successful recovery plan, the impact of the flooding on theoperations at the main shaft has now ended and the mine is ramping up and shouldbe back to full output by the end of the year, slightly ahead of expectations. South Mine accounts for approximately 525,000 tonnes of ore output each month,with an average grade of 0.7% copper. - ends - For further information please contact: ---------------------------- -------------------John Smelt, Head of Corporate Communication Tel:+44 20 7901 7882 Mob: +44 787 964 2675Sergei Stephantsov, Investor Relations Manager Tel:+44 20 7901 7814Kazakhmys PLC David Simonson & Tom Randell (English language)---------------------------- -------------------Leonid Fink & Anastasia Ivanova (Russian language)Merlin Tel:+44 20 7653 6620---------------------------- ------------------- Notes to Editors Kazakhmys PLC Kazakhmys PLC is the largest copper producer in Kazakhstan and one of theleading copper producers in the world. Kazakhmys is a fully integrated copperproducer from mining ore through to the production of finished copper cathodeand rod. The Group produces significant volumes of other metals as by-products,including zinc, silver and gold. Existing operations include 19 open pit andunderground mines, 8 concentrators, two copper smelting and refining complexes,a copper rod plant, a zinc plant and a precious metals refinery. Production isbacked by a captive power supply and significant rail infrastructure. Kazakhmysalso owns MKM, a copper products fabrication company in Germany, and has Goldand Petroleum Divisions with assets in Kazakhstan and Central Asia. The Group'sstrategic aim is to diversify and participate in the development of thesignificant natural resource opportunities in Central Asia. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
KAZ.L