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Kazakhmys meets cathode production target for 2011; zinc output falls 17%

January 26, 2012 - 12:33 GMT Location: London

KEYWORDS: Kazakhmys , copper cathode , zinc , gold

Kazakh copper producer Kazakhmys produced 300,500 tonnes of copper cathode in 2011, down 1.8% from the previous year but in line with its full-year production target, the company said on Thursday January 26.

Cathode production from the company’s own concentrate fell by 1.6% to 298,500 tonnes in 2011, on lower concentrate output which totalled 304,900 tonnes compared with 337,900 tonnes a year earlier. A 1.5% increase in mined ore to 33.4 million tonnes was offset by anticipated lower ore grades. “For the fourth consecutive year...

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