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KAZ impresses with strong 2019 results

Rising sales and falling costs translated to a 5% increase in 2019 annual revenue for Kazakhstan-focused miner KAZ Minerals.

KAZ impresses with strong 2019 results KAZ impresses with strong 2019 results KAZ impresses with strong 2019 results KAZ impresses with strong 2019 results KAZ impresses with strong 2019 results

Kaz Minerals' Aktogay copper mine is located in south east Kazakhstan

Copper sales were up 7% to 317,000 tonnes, while gold sales rose by 33% year on year to 225,000 ounces, delivering total revenue of US$2.27 billion.

Gross cash costs of $1.