Production Update
October 08 2007 - 3:02AM
UK Regulatory
RNS Number:2961F
Kazakhmys PLC
08 October 2007
08 October 2007
Kazakhmys PLC Production Update
Kazakhmys PLC announces that on 9 September 2007 there was flooding at its South
Mine in the Zhezkazgan complex which has led to an interruption in transporting
extracted ore from the mining horizons. Recovery work was initiated but it is
now apparent that it will take some weeks before South Mine returns to full
production. There were no injuries or fatalities.
South Mine accounts for approximately 525,000 tonnes of ore output each month,
with an average grade of 0.7%. This incident, combined with a slower than
planned pick up in output from new concentrators in the second half of 2007, is
likely to lead to copper cathode production from own ore in 2007 being
moderately below the level of 2006.
A full production report for the third quarter will be released on 24 October at
07.00.
- ends -
For further information please contact:
John Smelt, Head of Corporate Communication Tel: +44 20 7901 7882
Mob: +44 78 7964 2675
Sergei Stephantsov, Investor Relations Manager Tel: +44 20 7901 7814
Kazakhmys PLC
Robin Walker Tel: +44 20 7251 3801
Finsbury
Notes to Editors
Kazakhmys PLC
Kazakhmys PLC is the largest copper producer in Kazakhstan and one of the
leading copper producers in the world. Kazakhmys is a fully integrated copper
producer from mining ore through to the production of finished copper cathode
and rod. The Group produces significant volumes of other metals as by-products,
including zinc, silver and gold. Existing operations include 19 open pit and
underground mines, 8 concentrators, two copper smelting and refining complexes,
a copper rod plant, a zinc plant and a precious metals refinery. Production is
backed by a captive power supply and significant rail infrastructure. Kazakhmys
also owns MKM, a copper products fabrication company in Germany, and has Gold
and Petroleum Divisions with assets in Kazakhstan and Central Asia. 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
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