Cash costs rise at Kazakhmys

Following a very detailed pre-close trading update earlier in the month, the main full-year figures from copper mining giant Kazakhmys were widely known.

Following a very detailed pre-close trading update earlier in the month, the main full-year figures from copper mining giant Kazakhmys were widely known.

Revenues in 2011 rose to $3,563m from $3,237m in 2010, while earnings before interest, tax, depreciation and amortisation (EBITDA) edged up to $1,959m from $1,932m the year before. When accounting for the group's stake in fellow miner ENRC (which contributed $966m), group EBITDA reached $2,925m, up from $2,835m.

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