https://www.miningweekly.com

Kazatomprom delays production for another month

7th July 2020

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Uranium major Kazatomprom is delaying the resumption of higher production volumes by another month, saying that pandemic-related risks remain too high for a full return of production employees to its sites.

The company in April reduced its uranium production volumes as it implemented physical distancing measures, reducing the number of employees on site to a minimum.

Kazatomprom CEO Galymzhan Pirmatov says the company plans to gradually increase mine site staff levels at the beginning of August, if it is deemed safe to do so.

The extension of the protection measures for an additional month is not expected to have a material impact on the 2020 production volume guidance of 19 000 t to 19 500 t on a 100% basis provided in April.

Before Covid-19, Kazatomprom had planned to produce 22 750 t to 22 800 t.

Edited by Creamer Media Reporter

Comments

Latest News

ASM CEO and MD Rowena Smith
ASM secures another financing letter of intent from Canadian agency
Updated 7 hours ago By: Marleny Arnoldi
BHP seeks to break mining’s M&A curse with thorny Anglo deal
BHP seeks to break mining’s M&A curse with thorny Anglo deal
Updated 2 hours 56 minutes ago By: Bloomberg

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
Updated 7 hours ago
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.103s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: