In 2016 KAZ Minerals increased its income by 43% YoY, to $969 million. According to the company statement, it produced 140.3 thousand tons of copper cathodes, up by 73% YoY. Sales increased from 84 thousand tons of copper in 2015 to 141 thousand tons, which allowed covering the decrease in price: $4860 per ton, down…
Gold and silver output exceeded the KAZ Minerals expectations in 2016. “Copper cathodes output increased by 73% YoY. We’ve been increasing output at Bozshakol GOK and will continue this trend in 2017 as the works reaches is project capacity, as well as the copper concentrate is produced at Aktogay”, the KAZ Minerals chairman Oleg Novachuk…
During her visit to Kandalaksha the Murmansk region governor Marina Kovtun got acquainted with the project of Kandalaksha Aluminum Works casting division modernization. A new wire rod rolling mill has been assembled at the works and is now being prepared to be put into operation. According to KAZ general director Andrei Terentiev, the project will…