Kazakhmys calls off merger talks

(SRI) - Kazakhmys, the Kazakh LSE-listed copper miner, has called off merger talks with Metalloinvest, an unlisted Russian mining group, after it has seen its share price slump 85 percent since May.

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Kazakhmys and Samruk-Energy may team up to jointly operate Kazakhmys Power

(SRI) - Kazakhmys Plc, Kazakh mining group, signed a memorandum of understanding with state-owned Samruk-Energy holding to form a strategic partnership and share ownership of Kazakhmys Power Division, Kazakhmys Power, the firm said on Tuesday.

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Kazakhmys earnings down 21 percent in H1

(Reuters) - Kazakh miner Kazakhmys posted a 21 percent fall in first-half profit on Thursday, hitting its shares, and said it wanted talks with rival ENRC about possible synergies.

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Kazakhmys increases copper production in Q2, down year-on-year

(SRI) - Kazakh miner Kazakhmys’s copper cathode production picked up in the second quarter after weather problems in the previous quarter, but output was still down 1.4 percent year-on-year, Reuters reported.

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Kazakhmys Plc shareholders not objecting to government representative on board

(SRI) - Kazakhmys Plc shareholders have no objections to the Kazakh government having its representative on the company’s board of directors, Interfax reported on Friday.

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Kazakhmys plans $2 bln production investment

(SRI) - Kazakhmys, LSE-listed copper producer, plans to invest $2 billion in expanding production over the next two years, according to Kazakh presidential press service.

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Kazakhmys issued new shares

(SRI) - Kazakh London-based copper producer Kazakhmys Plc has issued 80,286,050 new shares to be given to the Kazakh government in exchange for its share in Eurasian Natural Resources Corporation Plc (ENRC), the company said in a statement on Thursday, Interfax reported.

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Kazakhstan Mineral Resources Roundup - July 17, 2008

Kazakh group quells reverse takeover talk
(Financial Times) - Kazakhmys, the UK-listed Kazakh copper producer, yesterday sought to keep its options open by stating it was “not currently contemplating” agreeing to a reverse takeover by Metalloinvest, the Russian iron ore and steel group.

Mittal’s business still under risk in Kazakhstan (neweurasia.net)

Batys SEC to develop new solid mineral fields in Aktobe oblast (Kazinform)

Kazakhstan Mineral Resources Roundup - July 16, 2008

Kazakhmys says it’s not considering reverse takeover
(Bloomberg) - Kazakhmys Plc, which said yesterday it was in talks about a possible merger with an unidentified company, isn’t planning a transaction that would be classified as a reverse takeover.

Lombard: Kazakhmys and Metalloinvest (Financial Times)

Kazakhmys plans to start gold production at Bozymchak in Kyrgyzstan in 2009 (SRI)

Kazakhstan Mineral Resources Roundup - July 15, 2008

Kazakhmys in early talks on possible sale of company
(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper producer, confirmed it’s in takeover discussions after the Financial Times reported Russia’s OAO Metalloinvest may buy a controlling stake.

ArcelorMittal Kazakhstan unit cuts capacity
(Reuters) - ArcelorMittal’s steel unit in Kazakhstan has cut production capacity due to disruptions in electricity supplies.