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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kaz Minerals Plc | LSE:KAZ | London | Ordinary Share | GB00B0HZPV38 | ORD 20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 849.00 | 849.00 | 849.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMKAZ
RNS Number : 1971F
KAZ Minerals PLC
16 February 2018
KAZ MINERALS PLC 6(TH) FLOOR CARDINAL PLACE 100 VICTORIA STREET LONDON SW1E 5JL Tel: +44 (0) 20 7901 7800 ==================
16 February 2018
STATEMENT REGARDING SPECULATION
KAZ Minerals PLC ("KAZ Minerals" or "the Group") notes recent speculation regarding the Baimskaya copper deposit ("Baimskaya").
KAZ Minerals continually evaluates potential new mining projects to identify attractive long-term investment opportunities for the Group. KAZ Minerals confirms that it is currently evaluating the potential acquisition of a majority stake in the Baimskaya project. Baimskaya is a large copper-gold porphyry deposit located in the Chukotka region of Russia, with JORC resources of 9.5 Mt of copper at an average copper grade of 0.43% and 16.5 Moz of gold at an average grade of 0.23 g/t.
There can be no certainty that any transaction will be forthcoming or on what terms it would occur.
Further information will be announced to the market as and when appropriate.
For further information please contact:
KAZ Minerals PLC ==================== ========================== ================= Chris Bucknall Investor Relations, Tel: +44 20 7901 London 7882 Investor Relations, Tel: +44 20 7901 Anna Mallere London 7814 Maksut Zhapabayev Corporate Communications, Tel: +7 727 244 Almaty 03 53 ==================== ========================== ================= Instinctif Partners ==================== ========================== ================= Tel: +44 20 7457 David Simonson 2020 ==================== ========================== =================
REGISTERED OFFICE
6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL, United Kingdom.
This announcement contains inside information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRGMGMZRVRGRZM
(END) Dow Jones Newswires
February 16, 2018 13:13 ET (18:13 GMT)
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