KAZ Minerals

HIGH GROWTH – LARGE SCALE – LOW COST – FOCUSED ON COPPER

Drilling in South mine at the Zhezkazgan Complex

Mining

KAZ Minerals is a leading copper producer in Kazakhstan. We also produce and sell significant quantities of zinc, gold and silver as by-products.

(Zhomart mine in the Zhezkazgan region)
The Zhezkazgan region is our largest mining and concentrating region, contributing around 70% of Group mined ore.

(Core sample drilling at Bozshakol)
The central region contributes around 15% of Group mined ore, and consists of four mines and three concentrators

(Mining in the east region)
The east region contributes around 15% of Group mined ore, and consists of six underground mines and four concentrators.

Producing Assets

KAZ Minerals operates the Bozshakol open pit mine in the Pavlodar region of Kazakhstan, the Aktogay open pit mine and three underground mines in the East Region of Kazakhstan and one mine in Kyrgyzstan:

Focused on copper

KAZ Minerals is a leading copper producer in Kazakhstan. We also produce and sell significant quantities of zinc, gold and silver by-products.

In 2015, total copper cathode output from continuing operations was 81 kt. The Group's continuing operations also produced 94 kt of zinc in concentrate, 3,135 koz of silver and 35 koz of gold in 2015.

We crush the ore in several stages and process the ore into copper and zinc concentrates at our concentrators. The copper concentrate from the East Region and Bozymchak is transported to the Balkhash smelter for processing. The Balkhash smelter is owned and operated by Cuprum Holding and KAZ Minerals has long term agreements with Cuprum Holding for the provision of smelting services. Copper concentrate from Bozshakol and Aktogay is sold to smelters in China. In 2015, we began a scoping study to evaluate the possibility of smelting in Kazakhstan.