Information  X 
Enter a valid email address

Kazakhmys PLC (KAZ)

  Print      Mail a friend       Annual reports

Thursday 27 April, 2006

Kazakhmys PLC

Change in Reporting Format

Kazakhmys PLC
27 April 2006



                                                                   27 April 2006

               Kazakhmys PLC - Change in the reporting format of
                               production results

Kazakhmys PLC ("Kazakhmys") will announce its production report for the first
quarter ended 31 March 2006 on 3 May 2006. In anticipation of this release,
Kazakhmys announces today that in the first quarter production report and
henceforth it will report its production results on a four complex basis,
aligned with the management structure of the business. This reporting change
will introduce an additional complex at Karaganda to the three complexes
breakdown reported previously. The Karaganda complex comprises the Abyz,
Kosmurun and Nurkazgan mines and the Karagaily concentrator. All these
operations are located in the vicinity of Karaganda and therefore management is
of the view that it is more appropriate to account for these operations as a
separate complex.

During 2005, the production results of the Abyz mine were reported within the
East Region and the production results of the Nurkazgan mine were reported as
part of the Balkhash complex. The Kosmurun mine was not operational during 2005
with mining operations commencing at this mine at the beginning of April 2006.

The comparative production results for 2005 have been restated for the new
reporting format, and are set out below:


Zhezkazgan
                                Q1 '05  Q2 '05  Q3 '05  Q4 '05 FY 2005
                                --------------------------------------

Ore extraction       000 t       6,759   6,993   6,910   7,384   28,045
Average copper grade %            0.87    0.90    0.86    0.84     0.87

Copper Concentrate   000 t       145.4   154.4   143.1   155.3    598.2
Copper Cathodes*     000 t        57.9    60.0    52.7    63.1    233.7
Copper Rod           000 t         1.3     4.6     1.2     1.6      8.7
------------------------------------------------------------------------
* includes copper rod


Balkash
                                Q1 '05    Q2 '05    Q3 '05    Q4 '05 FY 2005
                                --------------------------------------------

Ore extraction       000 t        1,391     1,432     1,437    1,366   5,626
Average copper grade %             0.65      0.75      0.75     0.69    0.71

Copper Concentrate   000 t         41.6      50.2      48.0     41.1   180.9
Copper Cathodes      000 t         37.5      44.3      41.7     39.4   162.9
of which tolling                    4.3       2.3       1.8      1.6    10.1
Copper Rod           000 t           --        --        --       --      --
------------------------------------------------------------------------------


East Region
                                Q1 '05  Q2 '05  Q3 '05  Q4 '05 FY 2005
                                --------------------------------------

Ore extraction       000 t       1,152   1,276   1,257   1,398    5,082
Average copper grade %            2.39    2.22    2.31    2.40     2.33

Copper Concentrate   000 t       134.5   106.7   101.0   134.6    476.8
Copper Cathodes      000 t          --      --      --      --       --
Copper Rod           000 t          --      --      --      --       --
------------------------------------------------------------------------


Karaganda
                                Q1 '05  Q2 '05  Q3 '05  Q4 '05 FY 2005
                                ---------------------------------------

Ore extraction       000 t         290     165     127   109.7      692
Average copper grade %             0.4     0.8     1.6    0.95     0.83

Copper Concentrate   000 t         8.9    29.7    43.2    33.7    115.5
Copper Cathodes      000 t          --      --      --      --       --
Copper Rod           000 t          --      --      --      --       --
-----------------------------------------------------------------------


For further information please contact:

Jinsoo Yang, Head of Investor Relations                 Tel: +44 20 8636 7900
Sergei Stephantsov, Deputy Head of Investor Relations        +44 20 8636 7900
Kazakhmys PLC


Morgan Bone                                             Tel: +44 20 7251 3801
Robin Walker     
Finsbury


- ends -



Notes to Editor
The Group's principal business is the mining, processing, smelting, refining and
sale of copper and copper products, including copper cathode and copper rod, and
is carried out by the Company's main subsidiary LLC Kazakhmys Corporation
("Kazakhmys"). Based on 2005 production, the Group is the 10th largest producer
of copper cathode and mined copper in the world. The Group's operations are
vertically integrated. Kazakhmys operates 19 open pit and underground mines and
two smelting and refining complexes as well as significant rail infrastructure
in the Republic of Kazakhstan. The Group also has operations in Germany
comprising MKM, a copper products fabrication company.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

EN
MSCEANLXADXKEEE