Kazakhmys

Polymetal International plc: New management appointments in Kazakhstan

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星期三, 四月 10, 2024
JSC, Construction, Yuri, Mineral Resources Limited, International, Technical, Roman, Sale, University, Kazakhmys, Mineral processing, Legal Affairs, Polymetal, Institute of technology, Resource, Mining engineering, Polymetal International, Production, Management

Polymetal International plc (“Polymetal”, the “Group”) announces significant strengthening of the management team.

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Group”) announces significant strengthening of the management team.
  • “The natural first step after the sale of the Russian business is the creation of strong, focused, and motivated management team in our corporate headquarters in Astana.
  • With the appointment of four new Executive Vice Presidents, Polymetal is now in a position to advance its independent strategy in Central Asia”, said Vitaly Nesis, Group CEO of Polymetal International plc.
  • Valery joined Polymetal Engineering in 2006 and moved to Kyzyl in 2016.

Arras Minerals Intercepts 365m @ 0.88 % CuEq, Including 64m @ 2.62 % CuEq at the Beskauga Project, Kazakhstan

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星期一, 一月 23, 2023
ARK, Diamond, Iskandar, Fracture, NE, Mineral resource estimation, Gold, NW, Orientation, Kazakhmys, Molybdenum, Copperbelt, LLP, Note, Projection, Map, Magnetism, KGK, Rio Tinto, Anomaly, News, Uranium, Printed circuit board, Television set, Rare-earth element, Mining, Granite, Silver, Copper

Diamond drilling is ongoing at Beskauga (Figure 1) and Beskauga South (Figure 2) with further assay results expected in the coming months.

Key Points: 
  • Diamond drilling is ongoing at Beskauga (Figure 1) and Beskauga South (Figure 2) with further assay results expected in the coming months.
  • Tim Barry, CEO of Arras, commenting on these latest results, stated, “Drilling at Beskauga continues to deliver near-surface, broad intervals of significant copper-gold mineralization.
  • Bg21009: (see Figure 1) was collared outside of the area covered by the current NI-43-101 Mineral Resource Estimate for Beskauga.
  • GRK Iskander Ltd is one of the leading drilling companies in Kazakhstan, with clients including Rio Tinto, Kazzinc (Glencore), ESAN, and Kazakhmys.

EQS-News: CFC Management LLC: Kaz Minerals Shareholders with 3.6% stake to vote against buyout offer

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星期三, 十一月 11, 2020
Kazakhmys, KAZ Minerals, Oleg Novachuk, Vladimir Kim, KAZ, American television series, Economy, Companies

London, 11 November 2020 - CFC Management, a Russia-based investment advisor that represents Maxim Vorobyev and other minority shareholders that jointly control approximately 3.6 per cent of the share capital of Kaz Minerals PLC (the "Company") confirms that its clients intend to vote against the take-private cash offer of 640 pence per share ("the Offer").

Key Points: 
  • London, 11 November 2020 - CFC Management, a Russia-based investment advisor that represents Maxim Vorobyev and other minority shareholders that jointly control approximately 3.6 per cent of the share capital of Kaz Minerals PLC (the "Company") confirms that its clients intend to vote against the take-private cash offer of 640 pence per share ("the Offer").
  • The offer for a 61% stake of the Company was put forward by Nova Resources, a consortium that is indirectly controlled by Kaz Minerals insiders: Chairman Oleg Novachuk and President and non-executive director Vladimir Kim.
  • CFC Management's clients object to the current offer price and believe that it does not reflect the company's fair value and growth potential.
  • Ekaterina Chernova, CFC Management CEO: "Nova has put into action a plan that takes advantage of the fact that Kaz Minerals' share price has been under significant pressure in 2020 due to a number of factors, including the covid-19 pandemic and uncertainty around the US elections.

Veteran mining executive Richard Lock joins PolyMet team as project director; Dennis Bartlett retires from board of directors

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星期一, 一月 6, 2020
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Kazakhmys, Diavik Diamond Mine, Diavik, KAZ Minerals, NORTHWEST TERRITORIES, Oil sands, Companies, Mining

Lock most recently was construction director for the KAZ Minerals Peschanka open pit copper mine located in Russia, within the Arctic Circle.

Key Points: 
  • Lock most recently was construction director for the KAZ Minerals Peschanka open pit copper mine located in Russia, within the Arctic Circle.
  • Lock held leadership roles in the development of Canadian Natural Resources Limiteds Horizon oilsands mining development in Alberta, and Rio Tintos Diavik diamond mine in Canadas Northwest Territories.
  • We are very excited to have Richard on board and to further strengthen our leadership team.
  • Unrelated to Mr. Locks appointment and for personal reasons, Dennis Bartlett retired from the PolyMet board of directors, effective December 31, 2019.