KAZAKHMYS Presents Production Report for 2Q
OREANDA-NEWS. August 11, 2011. Copper cathode production from own concentrate of 153 kt:
- In line with annual target of 300 kt;
- Ore output and copper in concentrate production recovered in Q2;
- Improved equipment availability following maintenance work in Q1 2011;
- Seasonal weather improvements.
By-product output on track to meet full year targets:
- Zinc in concentrate output of 76 kt in the first half of 2011;
- Re-commissioning of precious metals refinery allowing sharp recovery in output with processing of material stockpiled in Q1;
- Silver output increased 90% in Q2 to 4.4 Moz;
- Gold output increased 90% in Q2 to 36.6 koz.
Continued strong demand for power from domestic and export markets:
- Increase of 19% in net power generated in the first half of 2011 to 6,395 GWh;
- Average realised tariff rose 18% to 5.36 KZT/kWh in the first half of 2011.
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