KazGeoRud, a unit of the Russian Copper Company, has started commercial production of copper and copper-zinc ore at the Kundyzdy field in Kazakhstan.
The company plans to invest over $90 million in Kazakh mining industry in 2019, up by around 7% YoY, Vice President Natalya Gonchar said.
The mine’s projected capacity amounts to 2 million tons of ore per year.
The total volume of investments in the field’s development stood at $205 million. (Prime/Ukrainian metal)