Kazakhmys Announces 2011 Results of East Kazakhstan Operations
OREANDA-NEWS. February 21, 2012. Kazakhmys group presented results of its operations in East Kazakhstan region for 2011 at the summarizing meeting with the participation of akim Berdybek Saparbaev and CEO of LLP "Corporation Kazakhmys" Eduard Ogai, reported the press-centre of KASE.
At the most of mines of PO "Vostokzvetmet" last year positive results were achieved. The production volume during 12 months 2011 increased by 2% compared with last year, making up around 4.7 m tons. The contents of copper, lead and zinc in the extracted ore made up 114 thousand tons, 21 thousand tons and 185 thousand tons, respectively.
The company heavily invests in the modernization of its production in the regions. Last year the program of modernization of cement preparation for backward placement was completed at Artemiev mine. In 2012 a reconstruction of Nikolaev enrichment plant will be completed, with costs making up around USD70 m.