News

OUR PERFORMANCE

Production summary

 

2014

2015

2016

2017

2018

2019

2020

Copper (kt)

84

81

144

259

295

311 306

Gold (koz)

35 35 128 179 183 201 196

Silver (koz)

3,435

3,135

3,284

3,506

3,511

3,382

3,374

Zinc (kt)

121

94

75

58

50

38 50

2014 production for continuing operations only.

Production reported for the period 2014-2015 is copper cathode equivalent, gold bar equivalent, silver bar equivalent and zinc in concentrate.

Copper, gold and silver production reported for 2016 onwards is payable metal in concentrate and copper cathode from Aktogay oxide ore. Zinc production is zinc in concentrate.

 

PROFIT AND LOSS ($M)

 

2014

2015

2016

2017

2018

2019

2020

Revenues

846

665

766

1,663

2,162

2,266

2,355

Cost of sales

(456)

(429)

(413)

(755)

(1,077)

(1,124)

(1,101)

Gross profit

390

236

353

908

1,085

1,142

1,254

EBITDA

355

202

351

1,038

1,310

1,355

1,431

Operating profit

94

90

218

715

851

923

1,005

Profit/(loss) before taxation

(169)

12

220

580

642

726

804

2014 financials are for continuing operations only.

EBITDA is shown before special items.

 

BALANCE SHEET ($M)

 

2014

2015

2016

2017

2018

2019

2020

Net debt

962

2,253

2,669

2,056

1,986

2,759

2,601

 

 

Declared and paid

The Group has declared and paid the following dividends since 2005: 

($m)

USc/share

2005

 

Full year dividend paid in May 2006 in respect of 2005 earnings ($171m)

36.0

2006

 

Interim dividend paid in October 2006 in respect of 2006 earnings ($60m)

12.8

Final dividend paid in May 2007 in respect of 2006 earnings ($120m)

25.7

2007

 

Interim dividend paid in October 2007 in respect of 2007 earnings ($64m)

13.6

Special dividend paid in October 2007 ($235m)

50.0

2008

 

Final dividend paid in May 2008 in respect of 2007 earnings ($125m)

27.4

Interim dividend paid in October 2008 in respect of 2008 earnings ($75m)

14.0

2009

 

Final dividend paid in May 2010 in respect of 2009 earnings ($48m)

9.0

2010

 

Interim dividend paid in October 2010 in respect 2010 earnings ($32m)

6.0

Final dividend paid in May 2011 in respect of 2010 earnings ($86m)

16.0

2011

 

Interim dividend paid in October 2011 in respect of 2011 earnings ($43m)

8.0

Final dividend paid in May 2012 in respect of 2011 earnings ($106m)

20.0

2012

 

Interim dividend paid in October 2012 in respect of 2012 earnings ($16m)

3.0

Final dividend paid in May 2013 in respect of 2012 earnings ($42m)

8.0

2018

 

Interim dividend paid in October 2018  in respect of 2018 earnings ($27m). 

 6.0

Final dividend paid in May 2019 in respect of 2018 earnings ($28m). 

6.0

2019

 

Interim dividend paid in October 2019 in respect of 2019 earnings ($19m). 

4.0

Final dividend paid in May 2020 in respect of 2019 earnings ($38m). 

8.0
 2020  
Interim dividend paid in October 2020 in respect of 2020 earnings ($19m).  4.0
The Board have not recommended a final dividend for the year ended 31 December 2020.  
 2021  
A special dividend was paid on 23 April 2021 upon the Final Increased Offer for the Company being declared unconditional ($128m) 27.0