Kazakhmys

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Kazakhmys plc
Type Public company (KASEGB_KZMS)
Traded as LSEKAZ, SEHK0847
Industry Mining
Founded 1930
Headquarters London, United Kingdom
Key people Simon Heale, Chairman
Oleg Novachuk, CEO
Products Copper, zinc, silver, gold
Revenue $3,099 million (2013)[1]
Operating income $166 million (2013)[1]
Net income $(2,032) million (2013)[1]
Website www.kazakhmys.com
100 Victoria Street, Cardinal Place. Kazakhmys Headquarters in London, UK

Kazakhmys Plc (LSEKAZ, KASEGB_KZMS, SEHK0847) is a UK-registered copper mining company whose main assets are located in Kazakhstan. Its headquarters are in London, United Kingdom. The headquarters of its main subsidiary, Kazakhmys Corporation, are located in Astana, Kazakhstan. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index, also it is secondarily listed in Hong Kong in June 2011.[2]

History[edit]

The company's origins date back to 1930 when operations began at the Balkhash copper smelting complex in Kazakhstan. The company operates 16 open pit and underground mines along with two smelting and refining plants in the Republic of Kazakhstan.[3][4] The holding company of Kazakhmys group, Kazakhmys PLC,[5] was first listed on the London Stock Exchange in October 2005.

Operations[edit]

Kazakhmys is the largest copper producer in Kazakhstan and one of the top worldwide with 16 operating mines, 8 concentrators and a copper smelter. Kazakhmys Mining’s operations are fully integrated from mining ore through to the production of finished copper cathode and rod. Total copper cathode equivalent output from own ore was 294 kt in 2013. Production is backed by a captive power supply and significant rail infrastructure.

Kazakhmys Mining produces significant volumes of other metals, including zinc, silver and gold. In 2013, it produced 134 kt of zinc in concentrate. The Group is amongst the largest global silver producers with output of 14 Moz in 2013.

Kazakhmys Power operates the captive power stations which supply electricity to Kazakhmys Mining and third parties. In 2013, net power generated by captive power stations was 5,723 GWh.

Senior management[edit]

role
Oleg Novachuk Chief Executive Officer and Executive Director
Simon Heale Chairman
Andrew Southam Chief Financial Officer
Eduard Ogay Chief Executive Officer of Kazakhmys LLC

References[edit]

External links[edit]