Kazakhstan plans to boost copper output by nearly 25 percent (Bloomberg)
(SRI) - Kazakhmys, Kazakhstan’s largest copper producer, has not taken a final decision on a possible sale of its stake in its domestic rival, the Eurasian Natural Resources Corporation (ENRC), Kazakhmys head Oleg Novachuk said on Friday.
(SRI) - Kazakhstan may grant tax breaks to the Boschekul copper mining project managed by Kazakhmys, Kazakhstan’s largest copper producer, Minister of Industry and Trade Aset Isekeshev said on Tuesday in a government meeting.
Kazakhmys earnings beat estimates; dividend resumed (Bloomberg)
(SRI) - ArcelorMittal Temirtau, the Kazakh unit of the world’s largest steel maker, is searching for new supplies of iron ore in Kazakhstan for its planned steel plant in Temirtau, the company said on Thursday.
(SRI) - ArcelorMittal Temirtau, the Kazakh unit of the world’s largest steel maker, plans to raise output by 20 percent in 2010 to 3.6 million tons, Reuters reported.
KazakhGold may raise gold reserves by 74 percent (SRI)
ENRC buys central African smelter (Financial Times)
ENRC has funds for more M&A after $300 million deal (Bloomberg)
(SRI) - Russia’s largest gold producer Polyus Gold plans to almost double its capital spending in 2010 to $600 million in 2010, including on the exploration assets of its Kazakh subsidiary KazakhGold, the company’s CEO, Yevgeniy Ivanov, said Wednesday.