Profile: KazakhGold Group Limited (KZGq.L)

KazakhGold Group Limited is a gold mining company in Kazakhstan. During the year ended December 31, 2008, the gold production of the Company was 103,760 ounces, including 4,593 ounces of gold from the reprocessing of finished product. During 2008, the Company sold 110,929 ounces of gold. The three operating mines of the Company are Aksu, Bestobe and Zholymbet. The Aksu mine, which includes the nearby Quartzite Hills deposits, comprises open pit and underground mining operations, as well as low-grade surface dumps and accumulated tailings. The Bestobe Mine includes open pit and underground operations, low-grade surface dumps and tailings accumulations. Zholymbet is an underground operation that also has dumps and accumulated tailings on surface.