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Kazakhmys PLC (KAZ)

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Friday 17 February, 2012

Kazakhmys PLC

Notice of Results

RNS Number : 6507X
Kazakhmys PLC
17 February 2012
 



 

 

 

17 February 2012

 

 

KAZAKHMYS PLC ANNOUNCES NOTICE OF TRADING UPDATE & PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011

 

Kazakhmys PLC ('Kazakhmys') will announce its Trading Update for the year ended 31 December 2011 on Thursday 1 March 2012 at 7.00am (UK time).

 

The Trading Update will provide operational and financial results for the Group's managed businesses but will not include the contribution from ENRC PLC, in which Kazakhmys holds a 26% interest.

 

ENRC PLC is scheduled to announce its annual results on Wednesday 21 March 2012 and, on Tuesday 27 March 2012, Kazakhmys will release a consolidated Preliminary Results announcement including equity accounted earnings from ENRC PLC.

 

A presentation for analysts will be held in The Auditorium at J.P. Morgan Cazenove, 20 Moorgate, London EC2R 6DA at 9.00am (UK time) on Thursday 1 March 2012.

 

The presentation for analysts can also be accessed by conference call at 9.00am (UK time). The dial-in details are as follows:

 

Telephone: + 44 (0) 20 8817 9301

Please quote access code: 6722586 (Kazakhmys Trading Update 2011)

 

A webcast of the presentation for analysts will also be available on the Kazakhmys website (www.kazakhmys.com).

 

For further information please contact:

 

Kazakhmys PLC



John Smelt

Head of Corporate Communications

Tel: +44 20 7901 7882

Tel: +44 78 7964 2675

Irina Tretyakova

Financial Analyst

Tel: +44 20 7901 7814

Maksut Zhapabayev

Head of Corporate Communications

Almaty

Tel:  +77  27 3304 556

Merlin



David Simonson


Tel: +44 20 7726 8400

Ian Middleton


Tel: +44 20 7726 8400

Maria Babkina


Tel: +44 20 7726 8400

Hill & Knowlton Hong Kong


 

K W Lam


Tel: +852 2894 6321

 

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Notes to Editors

Kazakhmys PLC is a leading international natural resources group with significant interests in copper, gold, zinc, silver and power generation.

 

It is the largest copper producer in Kazakhstan and one of the top worldwide with 17 operating mines, 10 concentrators and 2 copper smelters. Kazakhmys Mining operations are fully integrated from mining ore through to the production of finished copper cathode and rod. Total copper cathode produced in 2011 from own ore was 299 thousand tonnes. 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 2011, it produced 140 thousand tonnes of zinc in concentrate. The Group is amongst the largest silver producers in the world (13 million ounces produced in 2011).

 

Kazakhmys Power has a 50% interest in the coal fired Ekibastuz GRES-1 plant, the largest in Kazakhstan with a current capacity of 2,500 MW and which is undergoing a modernization programme to reach its nameplate capacity of 4,000 MW. Kazakhmys Power also operates the captive coal mines and power stations which supply power to the Mining Division.

 

The Group is part of the FTSE-100 index of companies listed on the London Stock Exchange and is also listed on the Kazakhstan Stock Exchange (KASE) and Hong Kong Stock Exchange (HKSE). It had revenues of $3.2 billion in 2010 with Group EBITDA (excluding special items) of $2.8 billion. The Group employs some 61,000 people, principally in Kazakhstan. The Group's strategic aim is to optimise its current operations, deliver its major growth projects and to diversify and participate in the development of the significant natural resource opportunities in Central Asia.

 


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