Our story so far...
A major restructuring is undertaken, including the disposal of mining, smelting and power assets in the Zhezkazgan and Central Regions of Kazakhstan. Retained high grade East Region mines. The Company is renamed ‘KAZ Minerals PLC’.
The Group’s major growth project at Aktogay commenced production of copper cathode from oxide ore in December 2015.
First copper production from Bozshakol project in February 2016. The mine produced 48 kt of copper and 64 koz of gold in the full year 2016.
First copper production from Aktogay sulphide in February 2017 with output of 65 kt of copper in the full year 2017.
Construction of a second concentrator begins, to double sulphide ore processing capacity at the Aktogay site.
The Group completed the acquisition of the Baimskaya copper project, one of the world’s largest undeveloped copper deposits.
The Group faced significant challenges arising from Covid-19 in 2020 but continued its track record of delivery, achieving its annual copper production guidance for the 12th consecutive year.
• As the Group has grown production from its new open pit mines, the use of large scale processing facilities has improved efficiency and reduced the energy intensity of its operations
• The Group continues its focus on improving safety and health with the launch of enhanced management standards • Yubileyno-Snegirikhinsky closure process begins to restore and rehabilitate the land used for the mining site
• Invested in Leica ‘GeoMos’ system to monitor pit wall stability • East Region Environmental Waste Improvement Initiatives
• Pre-split drilling and blasting at Aktogay to preserve pit wall stability • East Region Environmental Waste Improvement Initiatives
• In 2019, the Group launched a comprehensive new safety initiative, ‘Goal Zero’ aimed at reducing safety, health, and environmental incidents to zero. KAZ Minerals is committed to implementing further improvements to its robust safety management systems, training and risk management to achieve the ambitions of the Goal Zero initiative • Yubileyno-Snegirikhinsky closure plan completed, including rehabilitation of the site and forestry reclamation • Apprentice scheme launched at Bozshakol
• Transition to in-pit tailings disposal at Nikolayevsky. Switching from above ground to in-pit disposal improves safety and reduces environmental impact