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.