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Economy 14/06/2010 AGMK shareholders adopt decision to pay dividends
AGMK shareholders adopt decision to pay dividends
Tashkent, Uzbekistan (UzDaily.com) -- Shareholders of Almalyk Mining and Metallurgy Combine (AGMK) adopted decision about payment of dividends on ordinary and preferential shares.

The enterprise will pay 51.46 soums per ordinary share and 250 soums per preferential share, the company said in a statement.

The statement said total number of shares, on which the enterprise will pay dividends, makes up 89,686,984, of which 87,444,809 are ordinary shares and 2,242,175 – preferential shares.

Almalyk Mining and Metallurgy Combine OJSC is the largest producer of copper in Central Asia and it has right to develop several copper- molybdenic and lead-zinc deposits in Tashkent, Jizzakh and Namangan regions of Uzbekistan.

The enterprise produces purified copper (cathode), including copper concentrate based on tolling and due to processing of scrap, metal zinc, lead concentrate and other products. Share of AGMK in production of silver is 90% and gold – 20% in Uzbekistan.

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