Kazakhmys capital expenses to Bozshakol and Aktogay projects will up to $1.2 billion in 2013
Edited by Rhod Mackenzie / 2013-08-22 10:33:04
The international mining company Kazakhmys Plc. will invest into the Bozshakol and Aktogay projects be up to $1.2 billion in 2013 in capital expenses. In 2012, the company announced about the start of the development of Aktogay, one of the most perspective undeveloped deposits in south eastern Kazakhstan. Last year they also began development of Bozshakol in the north. The total investment to the projects will exceed $4 billion. The period of operation is over 50 years at Aktogay and 40 years at Bozshakol.