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KAZ Minerals plc (via Public) / BAIMSKAYA TASED STATUS CONFIRMED


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KAZ Minerals PLC ( KAZ Minerals or the Group ) is a high growth copper company focused on large scale, low cost, open pit mining in Kazakhstan, Russia and Kyrgyzstan. It operates the Aktogay and Bozshakol open pit copper mines in the East Region and Pavlodar region of Kazakhstan, three underground mines and associated concentrators in the East Region of Kazakhstan and the Bozymchak copper-gold mine in Kyrgyzstan. In 2020, total copper production was 306 kt with by-products of 196 koz of gold, 3,374 koz of silver and 50 kt of zinc in concentrate. The Group acquired the Baimskaya project in the Chukotka region of Russia in January 2019, one of the world s most significant undeveloped copper assets, with the potential to become a large scale, low cost, open pit copper mine. ....

Almaty Qalasy , United Kingdom , Chukotskiy Avtonomnyy Okrug , Kazakhstan General , Volgogradskaya Oblast , City Of , Anna Mallere , Led Jack , Maksut Zhapabayev , Charles Pretzlik , Brunswick Group , London Stock Exchange , Kazakhstan Stock Exchange , Corporate Communications , Development Corporation , Economic Development , Accelerated Social , Far East Development Corporation , Russian Far East , Cardinal Place , East Region , Russian Government , Kaz Minerals Plc Via Public Baimskaya Tased Status Confirmed , ஒன்றுபட்டது கிஂக்டம் , காஸக்ஸ்டாந் ஜநரல் , நகரம் ஆஃப் ,

Kaz Minerals signs agreement confirming Baimskaya project go-ahead for tax incentives | 6 April 2021


6 April 2021 | 07:38am
StockMarketWire.com - Mining company Kaz Minerals said it had signed an agreement with the Far East Development Corporation JSC, confirming Territory of Accelerated Social and Economic Development residency for its Baimskaya project and the eligibility for certain tax incentives.
Securing the TASED status is consistent with the group s assumptions when acquiring Baimskaya in January 2019 and with the project parameters update provided in November 2020, the company said.
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