KAZ Minerals is a high growth copper company focused on large scale, low cost open pit mining in Kazakhstan. The Company is listed in London, Kazakhstan and Hong Kong. It is a leading copper producer in Kazakhstan with four underground operating mines and three concentrators in the East region in Kazakhstan, Bozymchak open pit mine and a concentrator in Kyrgyzstan, and three major growth projects: Aktogay, Bozshakol and Koksay. In 2014, total copper cathode output from continuing operations was 84 kt. The Group also produced 121 kt of zinc in concentrate, 3,435 koz of silver and 35 koz of gold in 2014. In 2015, production from East Region and Bozymchak is expected to be 80-85 kt of copper cathode, 90-95 kt of zinc in concentrate, 42-47 koz of gold bar and 2,250-2,500 koz of silver granule. We plan to increase our copper production significantly with the commencement of our Major Growth Projects – Bozshakol, Aktogay and Koksay. At every step, we aim to deliver value, not volume. In October 2014 we completed a major restructuring of the Group which will enable us to focus on the delivery of our Major Growth Projects. Our goal is to achieve 80% of ore output from large scale, low cost open pit mines producing approximately 300 kt of copper in concentrate by 2018. This represents a compound annual growth in production of 28% between 2013 and 2018 – amongst the highest in the industry.
Show more
Type
Public
HQ
London, GB
Founded
1930
Size (employees)
12,125 (est)+19%
KAZ Minerals was founded in 1930 and is headquartered in London, GB
Report incorrect company information

KAZ Minerals Office Locations

KAZ Minerals has offices in Almaty and London
London, GB (HQ)
100 Victoria St
Almaty, KZ
8 Zhamal Omarova St
Show all (2)
Report incorrect company information

KAZ Minerals Financials and Metrics

KAZ Minerals Financials

KAZ Minerals's revenue was reported to be £592.05 m in FY, 2016
GBP

Revenue (FY, 2016)

592.1 m

Gross profit (FY, 2016)

272.8 m

Gross profit margin (FY, 2016), %

46.1%

Net income (FY, 2016)

136.8 m

EBITDA (FY, 2016)

265.9 m

EBIT (FY, 2016)

168.5 m

Market capitalization (31-Oct-2017)

3.6 b

Closing share price (31-Oct-2017)

8.2

Cash (31-Dec-2016)

856.4 m
KAZ Minerals's current market capitalization is £3.6 b.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.6 b3.2 b1.6 b1.9 b2.3 b2 b613.4 m580.6 m514 m592.1 m

Revenue growth, %

(5%)(21%)

Cost of goods sold

1.4 b2.1 b748.8 m852.4 m1.1 b1.2 b361.1 m313 m331.6 m319.2 m

Gross profit

1.2 b1.1 b824.8 m1.1 b1.3 b777.9 m252.4 m267.7 m182.4 m272.8 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

220 m338.2 m591.1 m668.5 m720.5 m728.8 m1.1 b1.2 b657.8 m856.4 m

Accounts Receivable

157.5 m1.3 m132.2 m1.2 m154.8 m

Inventories

409 m459.6 m387.5 m407.3 m486.4 m438.7 m401.9 m100.9 m87.3 m190.9 m

Current Assets

931.1 m1.2 b2.4 b1.8 b2.2 b1.9 b3 b1.7 b1.1 b1.2 b
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

715.9 m569.9 m502.1 m833.7 m916.6 m38 m59.3 m(160.6 m)(9.3 m)136.8 m

Cash From Operating Activities

570.3 m688.2 m536.8 m659.5 m813.3 m404.7 m185.1 m138.6 m(140.7 m)(75.7 m)

Dividends Paid

210.3 m125.2 m27.1 m48.1 m79.1 m70.8 m

Cash From Financing Activities

(410.5 m)960 m(263.8 m)119.5 m(140.6 m)210.6 m422.3 m(17.8 m)316.1 m211 m
GBPY, 2016

Financial Leverage

9.5 x
Show all financial metrics
Report incorrect company information

KAZ Minerals News and Updates

Report incorrect company information