Kazakhmys's growth projects proceeding well

The benefits of improved copper prices were offset by lower copper sales in 2011, mining giant Kazakhmys revealed, adding that improving the efficiency of its current operations is a key focus of the group.

The benefits of improved copper prices were offset by lower copper sales in 2011, mining giant Kazakhmys revealed, adding that improving the efficiency of its current operations is a key focus of the group.

Revenues in 2011 rose to $3,563m from $3,237m in 2010, while earnings before interest, tax, depreciation and amortisation edged up to $1,959m from $1,932m the year before.

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