KAZ Minerals upped copper production 6% in 2023 KAZ Minerals Group produced 403,000 tonnes of copper in 2023 or an increase of 6% from a year earlier, the company said in a press release on Wednesday.In 2023, gold production declined by 5% to 162,000 oz; silver output increased by 6.4% to 4.008 million oz; and the output of zinc in concentrate grew by 9% to 51,400 tonnes, according to the press release.“KAZ Minerals delivered record copper output of 403,000 tonnes in 2023, an increase of 6% on the prior year, driven by increased output from Aktogay following the world class ramp-up of the second sulphide concentrator in 2022,” CEO Andrew Southam is quoted as saying.Copper sales volumes of 445,000 tonnes in 2023 were 10% higher than production as the Group fully sold its accumulated finished goods inventories, according to the press release.In 2023 Aktogay produced 252,400 tonnes or an 11% increase compared to 2022. Silver production rose by 7% to amount to 1.2 million oz, and the output of molybdenum in concentrate soared by 80% to reach 3.727 million tonnes. In the twelve months of 2023, Aktobe extracted 77.3 million tonnes of ore or an increaser of 11%j compared with the previous years.At Bozshakol, full year copper production amounted to 104,600 tonnes or 2% higher than the prior year. Gold production declined by 3% to 115,200 oz, while silver output grew by 11% to 818,000 oz.In the East Region and Bozymchak, the 2023 copper production came to 46,400 tonnes or 7% lower than the previous year; gold output was at 46,800 oz or a decrease of 10% from a year earlier; silver production amounted to 1.98 million oz or up 4%; and the output of zinc in concentrated totaled 51,400 tonnes and a rise of 9%.KAZ Minerals is a copper company focused on large scale, low cost, open pit mining in Kazakhstan. It operates the Bozshakol and Aktogay open pit copper mines in the Abay and Pavlodar region of Kazakhstan, three underground mines and associated concentrators in the Abay and East Kazakhstan regions, and the Bozymchak copper-gold mine in Kyrgyzstan. (ICE ALMATY)

Fonte notizia: Interfax