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Kazakhmys (KAZ-LN) |


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WIKI ANALYSISKazakhmys PLC is a copper producer in Kazakhstan. Kazakhmys is a fully integrated copper producer from mining ore through to the production of finished copper cathode and rod. The Company produces significant volumes of other metals as by-products, including zinc, silver and gold. Its operations include 20 open pit and underground mines, nine concentrators, two copper smelting and refining complexes, a copper rod plant, a zinc plant and a precious metals refinery. Kazakhmys also owns MKM, a copper products fabrication company in Germany, and has Gold and Petroleum Divisions with assets in Kazakhstan and other parts of Central Asia. On September 12, 2007, the Company completed the compulsory acquisition, thereby taking its interest in Eurasia Gold to 100%. The principal activity of Kazakhmys Gold and its subsidiaries is the mining and processing of gold ore into refined ore within Central Asia. As of August 11, 2008, the Company held a 25% interest in Eurasian Natural Resources Corp.



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