Commercial ore processing expected at Kyrgyz Bozymchak field in 2014

Business Materials 31 July 2014 14:07 (UTC +04:00)

Baku, Azerbaijan, July 31

By Elena Kosolapova - Trend: Kazakhstan's Metallurgical Corporation Kazakhmys plans to begin commercial ore processing at Bozymchak gold and copper field in Kyrgyzstan in 2014, the company reported on July 31.

"The commissioning of the crushing equipment and concentrator commenced in March
2014. Commercial ore processing is expected to begin in the fourth quarter of 2014," the company said.

Stripping work at the mine led to 62,000 tonnes of ore being extracted in the second quarter of 2014. At the end of June 2014, 586,000 tonnes of ore had been stockpiled, containing approximately 6,000 tonnes of copper and 39,000 ounces of gold, Kazakhmys said.

"These stockpiles will be more than sufficient for processing in the remainder of the year and ore extraction will remain limited, according to the company," the company said.

Bozymchak mine is being operated by Kazakhmys' subsidiary - Kazakhmys Gold Kyrgyzstan.

Kazakhmys PLC is a leading international natural resources group. It is the largest copper producer in Kazakhstan and one of the top worldwide with 16 operating mines, 7 concentrators and a copper smelter. Kazakhmys Mining has a full range of facilities enabling it to process extracted ore through to finished metal. Total copper cathode equivalent output from own ore was 294,000 tonnes in 2013. The group has two major copper projects under construction.

Edited by C.N.