Make Kitco Your Homepage

Kazatomprom confirms 128 positive COVID-19 cases at two uranium mines

Kitco News

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - The world's largest uranium producer Kazatomprom (LSE:KAP) and its France-based joint venture partner Orano today released an update related to the COVID-19 outbreak at joint venture KATCO, operating in the Turkestan region of the Republic of Kazakhstan.

The company said that as of 22 January 2021, all employees and contractors at KATCO’s Moinkum and Tortkuduk operations were tested for COVID-19; the final reports have now been received, showing 128 positive cases out of the 666 PCR tests performed.

Personnel who tested positive were isolated and are receiving treatment if required, and contact tracing was completed to quarantine exposed individuals. In accordance with the orders of the Chief State Sanitary Doctor of the Suzak District of the Turkestan Region, both sites were placed under a quarantine, which will remain in effect until retesting confirms that it is safe to lift the restrictions.

Kazatomprom added that due to the high case count and the introduction of the quarantine, several non-core site activities have been suspended. However, KATCO is able to safely continue key operations and the company expects that the current situation will not have a significant impact on its planned 2021 annual production volumes.

Kazatomprom is the world's largest producer of uranium, with the company’s attributable production representing approximately 24% of global primary uranium production in 2019. The group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the company’s mining operations are located in Kazakhstan and mined using low-cost ISR technology.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.