Kazakhmys PLC announced that Simon Hill was appointed as the chairman of board of directors in accordance with a decision of the annual shareholders meeting. Thus, Mr. Hill became the first independent chairman. Mr. Hill was a non-executive director of the company over five years and was heading the audit committee. Prior to joining the company he occupied key positions in well-known international companies, such as Cathay Pacific, Panmure Gordon & Co PLC and London Metal Exchange. Vladimir Kim who chaired the Board of Directors of the company since its listing on the London Stock Exchange in 2005, will carry on as non-executive member of the Board of Directors and will continue to take an active part in the Group's development as President of Corporation Kazakhmys LLP with his stake in the company remaining unchanged.

Kazakhmys PLC reported production and interim management statement for the first quarter ended March 31, 2013. For the quarter, the company reported Copper cathode output of 73 kt: On track to meet annual production target of between 285 kt and 295 kt; Production assisted by uninterrupted ore output and processing; Extraction of ore increased by 3% and 17% compared to fourth quarter 2012 and first quarter 2012, respectively. By-product output on track to meet annual production targets: Silver output of 3,361 koz, benefited from higher than anticipated grade and a release of work in progress; Gold production of 24 koz and zinc in concentrate production of 32 kt. Kazakhmys Power: Net power generation by Ekibastuz GRES-1 of 3,681 GWh, down 7% compared to first quarter of 2012; Reflecting lower domestic demand impacted by warmer weather; Average realised tariff rose to 6.54 KZT/kWh in first quarter of 2013. The company reported 75.6 kt of cathode equivalent sales assisted by higher production. Net debt in continuing operations of $956 million as at March 31, 2013. Reflecting continued investment in major growth projects.

Alexander Machkevitch is planning to privatize Eurasian Natural Resources Corp Plc (LSE:ENRC) with a $6 billion bid. ENRC's co-founder Machkevitch, who holds a 14.6% stake confirmed that he is working with two other co-founders and the Kazakhstan government to take the company private. Machkevitch, along with other co-founders Alijan Ibragimov and Patokh Chodiev, the Kazakhstan government and Kazakhmys PLC (LSE:KAZ), own more than 55% stake in ENRC. The UK Takeover Panel has stepped in and given the Machkevitch consortium until May 17, 2013 to either announce an intention to bid or pull out, which would then bar them from making another bid for six months. Machkevitch hired Societe Generale to advice on the transaction, may offer a little below April 19, 2013 closing share price of 291 pence a share, which had risen by 26.6% following the news of a potential takeover.