KAZ Minerals reduced copper production in the Eastern region and at Bozymchak

04/10/2023

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In the initial half of the current year, esteemed mining company KAZ Minerals experienced a reduction in copper production, amounting to 1.4 thousand tons, specifically in the Eastern region and at Bozymchak. This noteworthy information has been disclosed in the company’s comprehensive production and sales report.

As per the provided data, KAZ Minerals extracted approximately 199.5 thousand tons of copper during the first six months of this year. Out of this, roughly 126.6 thousand tons were mined in Aktogai, around 50.2 thousand tons in Bozshakol, and 22.7 thousand tons in the Eastern region and at Bozymchak.

Furthermore, during the second quarter of this year, the extraction in the Eastern region and at Bozymchak amounted to approximately 13.2 thousand tons. This signifies an increase of 3.7 thousand tons compared to the first quarter of this year. Additionally, KAZ Minerals observed a growth of 1.6 thousand tons in production when compared to the second quarter of 2022.

However, it is important to note that the overall production in the Eastern region and at Bozymchak for the first half of this year experienced a decline of 1.4 thousand tons in comparison to the corresponding period of the previous year.

For further context, KAZ Minerals Bozymchak stands as one of the leading industrial enterprises in Kyrgyzstan. The company is engaged in the development of the copper-gold ore deposit of Bozymchak, which boasts proven reserves of approximately 140 thousand tons of copper, nearly 23 tons of gold, and 144 tons of silver. It is worth mentioning that this esteemed entity is wholly owned by the Kazakh open joint-stock company, KAZ Minerals.

Source and Credit: economist.kg

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