27.03.2008, 09:50
Kazakhmys Welcomes Statement of Government of Kazakhstan
OREANDA-NEWS. On 26 March 2008 was announced, that Kazakhmys PLC welcomes the recent publication of a statement by the Government of Kazakhstan, that it wishes to acquire a minority interest of up to 15% in Kazakhmys. The Company confirms that it has been in preliminary discussions with the Government on a variety of options including the potential for it to acquire natural resource assets in Kazakhstan in exchange for the Government acquiring a minority stake in Kazakhmys. Should these discussions lead to an agreement being reached then a further announcement will be made and, as appropriate, Kazakhmys shareholder approval will be sought.
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