KAZ Minerals

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.
London, GB
Size (employees)
10,203 (est)
KAZ Minerals was founded in 1930 and is headquartered in London, GB

KAZ Minerals Office Locations

KAZ Minerals has offices in London and Almaty
London, GB (HQ)
100 Victoria St
Almaty, KZ
8 Zhamal Omarova St

KAZ Minerals Data and Metrics

KAZ Minerals Financial Metrics

KAZ Minerals's revenue was reported to be £456.4 m in FY, 2015 which is a 21% decrease from the previous period.

Revenue (FY, 2015)

456.4 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

162 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(8.2 m)

Market capitalization (24-Jul-2017)

2.8 b

Closing share price (24-Jul-2017)


Cash (31-Dec-2015)

584 m
KAZ Minerals's current market capitalization is £2.8 b.
GBPFY, 2013FY, 2014FY, 2015


613.4 m580.6 m456.4 m

Revenue growth, %


Cost of goods sold

361.1 m313 m294.4 m

Gross profit

252.4 m267.7 m162 m

Gross profit Margin, %


Operating expense total

126.5 m203.1 m100.2 m

Pre tax profit

90.9 m(116 m)8.2 m

Net Income

59.3 m(160.6 m)(8.2 m)
GBPFY, 2013FY, 2014FY, 2015


1.1 b1.2 b584 m

Accounts Receivable

154.8 m

Current Assets

3 b1.7 b990.3 m


2.6 b2.2 b1.9 b


17.1 m7.5 m4.8 m

Total Assets

5.7 b3.9 b2.9 b

Accounts Payable

126.5 m298.5 m174.3 m

Current Liabilities

791.3 m437.9 m393.2 m

Total Liabilities

2.9 b2.5 b2.6 b

Retained Earnings

(1.3 b)(1.6 b)(8.2 m)

Total Equity

2.8 b1.4 b218.9 m

Financial Leverage

2 x2.7 x13 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

185.1 m138.6 m(124.9 m)

Cash From Financing Activities

422.3 m(17.8 m)280.7 m

Income Taxes Paid

(31.6 m)(44.6 m)(16.5 m)
GBPY, 2015


44.7 k

Financial Leverage

13 x

KAZ Minerals Market Value History

Traffic Overview of KAZ Minerals

KAZ Minerals Online and Social Media Presence

KAZ Minerals News and Updates

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Copper prices are eyeing their best weekly rally in 35 years

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Kaz Minerals shares jump as new copper mines progress

Shares in Kaz Minerals closed up 9.90 per cent to 179.90p this afternoon, on a jump in pre-tax profits and progress at its two key copper mines in Kazakhstan. The figures The Kazakhstan-focused firm's revenue fell 11 per cent to $302m (£229.7m) in the six months ended 30 June, down from $341m …

KAZ Minerals Company Life and Culture

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