Kaz Minerals PLC (KAZ.L) Key Developments | Reuters.com
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Kaz Minerals PLC (KAZ.L)

KAZ.L on London Stock Exchange

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1 Jul 2016
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Latest Key Developments (Source: Significant Developments)

KAZ Minerals PLC produces first copper from Aktogay oxide project
Tuesday, 1 Dec 2015 11:33pm EST 

KAZ Minerals PLC:Says it has produced its first copper cathode from oxide ore at the Aktogay project in the East of Kazakhstan.The SX/EW plant is expected to swiftly reach an output level of 15 kt per annum.The sulphide concentrator remains on track for commissioning in 2017, which will result in the Aktogay project delivering a combined production from sulphide and oxide ore of 105 kt per annum on average for the first 10 years.  Full Article

KAZ Minerals PLC updates FY 2015 guidance
Thursday, 30 Jul 2015 02:00am EDT 

KAZ Minerals PLC:Says FY 2015 production for zinc and silver expected to be at the top end of guided range.FY 2015 gold production guidance revised to 34-38 koz.  Full Article

KAZ Minerals PLC announces scoping smelter study
Thursday, 26 Mar 2015 08:00pm EDT 

KAZ Minerals PLC:Announces that it has signed an agreement with Baiyin Nonferrous Group Co., Ltd. (Baiyin) to jointly perform a scoping study on the construction of a copper smelter in Kazakhstan.The smelter would process copper concentrate from the Bozshakol and Aktogay mines.Following the scoping study any decision to proceed with the construction of a smelter will be subject to further technical and economic evaluation and the availability of suitable financing.  Full Article

Kazakhmys PLC announces name change
Friday, 31 Oct 2014 06:32am EDT 

Kazakhmys PLC:Changes its name to KAZ Minerals PLC.  Full Article

Kazakhmys PLC updates on aktogay growth project
Wednesday, 24 Sep 2014 02:01am EDT 

Kazakhmys PLC:Announces that it has awarded the contract for the construction of the sulphide concentrator at Aktogay, the Group's copper growth project, to Non Ferrous China.Says following this contract award the Group is able to confirm that the total capital cost for the Aktogay project is expected to be in the region of $2.3 billion.  Full Article

Kazakhmys PLC declares interim dividend
Thursday, 21 Aug 2014 02:00am EDT 

Kazakhmys PLC:Directors have not declared an interim dividend for 2014.  Full Article

Kazakhmys PLC approves restructuring, to be renamed KAZ Minerals PLC on completion
Thursday, 14 Aug 2014 08:00pm EDT 

Kazakhmys PLC:Says that its general meeting approved the proposed restructuring of the company.The transaction involves the transfer of mature assets in the Zhezkazgan and Central Regions to Cuprum Holding, a private company owned by Vladimir Kim and Eduard Ogay.Kazakhmys will retain five mines, with high copper grade, low sustaining capital expenditure and a cash generative.Completion expected by the end of 2014.Kazakhmys to be renamed KAZ Minerals PLC on completion.  Full Article

Kazakhmys PLC announces proposed group restructuring
Wednesday, 23 Jul 2014 03:40am EDT 

Kazakhmys PLC:Says it has entered into a definitive agreement to transfer certain of its mature assets in the Zhezkazgan and Central Regions of Kazakhstan to Cuprum Holding.The parties have also entered into two framework services agreements, enabling the Continuing Group and the Cuprum Holding Group to provide each other with transitional and longer-term services following completion.  Full Article

UPDATE 1-Miner Kaz Minerals sees 2016 output up at least 60 pct

Feb 25 Kaz Minerals Plc said it expected its 2016 copper output to increase by at least 60 percent as its Bozshakol and Aktogay projects come online, sending shares up more than 10 percent on Thursday morning.