Hallo die Waldfee:
November 5, 2007
KazakhGold Outlines Growth Strategy To Meet 1 Million Ounce Gold Production Target By 2011
KazakhGold Group Limited (LSE: KZG) today announces a five year growth strategy to meet its one million ounce gold production target by 2011.
Kanat Assaubayev, Executive Chairman of KazakhGold, outlined the three key areas of focus; growing the reserve base through exploration and the reclassification of the Company’s vast FSU reserves and resources into JORC, increasing exploitation of ore reserves through new mines and modernisation of mining methods and the optimisation of processing technologies.
This strategy will be underpinned by the recent strengthening of the senior management team which combines international best practice experience with strong local knowledge.