"The board believes that a number of mature assets, primarily in the Zhezkazgan and Central Regions, will struggle to meet their own ongoing investment needs and contribute to overall cash flow," said the
"The prospect of successfully optimising and investing in these assets may be limited whilst they remain under the group's ownership, and they do not fit within the group's strategy of production dominated by largescale open pit mines."
"Discussions on such a transaction are at a preliminary stage," added the firm.
Shares closed up 38.8 per cent.
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