site.news_by_theme Kazakhmys

Kazakhstani national companies will soon be facing a major restructuring.

Kazakhstan’s Kazakhmys, a major copper producer in Kazakhstan, has suspended its unprofitable enterprises.

AN-2 airplane of Kazakhmys company has crashed in southern Kazakhstan; six people killed, one - severely injured.

Kazakhstan's Kazakhmys Group has completed the restructuring process and has changed its name to KAZ Minerals Plc.

Kazakhstan's geological exploration will focus on precious metals, especially gold, rare earth metals and copper.

Kazakhmys Plc has announced a wages raise for its industrial personnel.

The Kazakhstan government has approved the new Board of Directors of the National Welfare Fund Samruk-Kazyna.

Kazakhmys Corporation has axed salaries of its administrative personnel by almost one third.

Kazakhstan's Kazakhmys group will be excluded from FTSE-100 and moved to FTSE-250 index.

Chairman of Kazakhmys Vladimir Kim will leave his post after the general meeting to be held in May 2013.

Kazakhmys has started negotiating a possible sale of a stake in Ekibastuz GRES-1 power station.

Kazakhstan's Kazakhmys has signed an agreement on a pre-export credit line of $1 billion from a range of foreign banks.

Mr. Kim has been heading the Board since the Company floated its shares in London back in 2005.

Kazakhmys Corporation has achieved an agreement with its striking mine workers.

Wages in Kazakhmys Corporation will be raised 20-30 percent in May.

In case production targets are met the miners will be paid a salary of $2700 and up: Chairman of the Board Eduard Ogai.
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