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Russian Copper Co starts developing copper field in Kazakhstan

YEKATERINBURG, Nov 6 (PRIME) -- KazGeoRud, a unit of Russian Copper Company, has started commercial production of copper and copper-zinc ore at the Kundyzdy field in Kazakhstan, the company said in a statement on Wednesday.

The company plans to invest over U.S. $90 million in Kazakh mining industry in 2019, up around 7% on the year, Vice President Natalya Gonchar said.

The mine’s projected capacity amounts to up to 2 million tonnes of ore per year.

The total volume of investments in the field’s development stood at $205 million.

End

06.11.2019 13:39
 
 
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