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| Company type | Public company (KASE: GB_KZMS) |
|---|---|
| Traded as | LSE: KAZ, SEHK: 847 |
| Industry | Mining |
| Founded | 1930 |
| Headquarters | London, United Kingdom |
| Key people | Vladimir Kim, Chairman Oleg Novachuk, CEO |
| Products | Copper, zinc, silver, gold |
| Revenue | $3,563 million (2011) |
| Operating income | $1,691 million (2011) |
| Net income | $930 million (2011) |
| Number of employees | 39,748 (2015)  |
| Website | www.kazakhmys.com |
Kazakhmys Plc (LSE: KAZ, KASE: GB_KZMS, SEHK: 847) is a UK-registered copper mining company whose main assets are located in Kazakhstan. Its headquarters are in London, United Kingdom. The headquarters of its main subsidiary, Kazakhmys Corporation, are located in the city of Karaganda, Kazakhstan. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index, also it is secondarily listed in Hong Kong in June 2011.
History
The company's origins date back to 1930 when operations began at the Balkhash copper smelting complex in Kazakhstan. The company operates 16 open pit and underground mines along with two smelting and refining plants in the Republic of Kazakhstan. The Company was first listed on the London Stock Exchange in October 2005 with an opening market capitalisation of £2.6 billion, making a billionaire of its main shareholder, Vladimir Kim. In 2008 the Company increased its holding in Eurasian Natural Resources Corporation to 22%.
Operations
The main operations are in Kazakhstan but the Company has a German subsidiary called Mansfelder Kupfer & Messing ('MKM'), a semi-product producer of long standing.
Senior management
| role | salary | bonus | total | |
|---|---|---|---|---|
| Oleg Novachuk | Chief Executive Officer and Executive Director | £819,000 | £287,000 | £1,106,000 |
| Vladimir Kim | Executive Chairman | £1,029,000 | £360,000 | £1,389,000 |
| Matthew Hird | Chief Financial Officer | £409,000 | £163,000 | £572,000 |
| Eduard Ogay | Chief Executive Officer of Kazakhmys LLC | £523,000 | £523,000 |
References
- ^ Preliminary Results 2011
- "Kazakhmys chairman sells shares, company may list in Hong Kong". Retrieved 7 October 2010.
- ^ Kazakhmys History
- Kazakhmys profile and review
- Kazakhmys not planning takeover of Eurasian International Business Times, June 2008
- Troubled Company Reporter
- "Oleg Novachuk: Executive Profile & Biography". BusinessWeek. McGraw-Hill. Retrieved 17 September 2009.
- "Vladimir Kim: Executive Profile & Biography". BusinessWeek. McGraw-Hill. Retrieved 17 September 2009.
- "Matthew Hird: Executive Profile & Biography". BusinessWeek. McGraw-Hill. Retrieved 17 September 2009.
- "Eduard Ogay: Executive Profile & Biography". BusinessWeek. McGraw-Hill. Retrieved 17 September 2009.
External links
 Index KASE | |
|---|---|
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- Use dmy dates from April 2011
- Companies established in 1930
- Mining companies of Kazakhstan
- Companies listed on the London Stock Exchange
- Companies listed on the Hong Kong Stock Exchange
- Mining companies of the United Kingdom
- Copper mining companies
- Mining companies of the Soviet Union
- Kazakhstan stubs
- Asian company stubs