KAZAKHMYS PLС (United Kingdom) presents production report for 2011 and 4th quarter 2011
/KASE, February 9, 12/ - KAZAKHMYS PLС (London), whose shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of January 26, 2012:
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- Copper cathode production in line with guidance:
- Total cathode production of 301 kt for the full year
- Production from own concentrate of 299 kt
- Increase in ore volumes partly offset anticipated decline in copper grade
- By-product output remained robust:
- Silver output ahead of guidance at 13 moz
- Total gold production of 151 koz, ahead of target
- By-product gold production of 118 koz, benefiting from higher ore volumes
- Zinc output of 140 kt, impacted by lower output in the fourth quarter
- Kazakhmys Power continued to benefit from strong demand
- Power generation increased by 15% from prior year at Ekibastuz GRES-1
- Ekibastuz GRES-1 average realised tariff increased 20% from 2010
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The full press-release is available on KASE website, at:
[2012-02-09]