Mining Intelligence and News
Kazakhstan

Bozshakol Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Gold
  • Silver
  • Molybdenum
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotBozshakol is an open pit mine consisting of two pits.

Continued operational improvements at Bozshakol enabled the site to increase its copper output, despite the expected decline in grade.

Owners

SourceSource
CompanyInterestOwnership
Nova Resources B.V. 100 % Indirect
KAZ Minerals Bozshakol LLC (operator) 100 % Direct
KAZ Minerals has been wholly acquired by Nova Resources BV to support the Company’s pursuit of a capital-intensive strategy focused on long-term growth.

KAZ Minerals Limited is a high growth copper company focused on large scale, low cost, open pit mining in Kazakhstan. It operates the Aktogay and Bozshakol open pit copper mines in the Abay and Pavlodar regions of Kazakhstan, three underground mines and associated concentrators in the Abay and East regions of Kazakhstan and the Bozymchak copper-gold mine in Kyrgyzstan.

KAZ Minerals Bozshakol LLC is a wholly-owned subsidiary of KAZ Minerals.

Contractors

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Deposit type

  • Porphyry

Summary:

Bozshakol is a porphyry copper deposit, typical of the calc-alkaline I-granite series associated with ancient island arcs common in Kazakhstan.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityProductUnits20232022202120202019201820172016
Copper Payable metal kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe11010210148
Gold Payable metal koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe14512811964
Silver Payable metal koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe803666687304

Operational metrics

Metrics202320222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe35,693 kt30,722 kt34,612 kt28,272 kt7,099 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe29,470 kt28,454 kt24,558 kt11,068 kt
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe30 Mt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe6.3 Mt6.4 Mt6.4 Mt11.2 Mt5.2 Mt
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Stripping / waste ratio  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe0.7

Production Costs

CommodityUnits202220212020201920182017
Cash costs Copper USD  ....  Subscribe 1.37 / lb   1.29 / lb   1.21 / lb  
Cash costs Copper USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 0.31 / lb **   0.58 / lb **   0.54 / lb **  
** Net of By-Product.

Financials

Units202220212020201920182017
Capital expenditures M USD  ....  Subscribe 92   29   74  
Sustaining costs M USD  ....  Subscribe 55   24   10  
Revenue M USD  ....  Subscribe 851   756   698  
Operating Income M USD  ....  Subscribe 427   361   365  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 585   520   503  

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024
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....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Mar 3, 2024
....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024
....................... Subscription required ....................... Subscription required Subscription required Mar 4, 2024

EmployeesYear
...... Subscription required 2023
...... Subscription required 2020
...... Subscription required 2019
...... Subscription required 2018
...... Subscription required 2017
...... Subscription required 2016
...... Subscription required 2015

Aerial view:

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