Kaza

ENRC seeks to reassure on governance as profit climbs

Oman Observer | August 18, 2011
Republic of Kazakhstan

Kazakh miner ENRC said a keenly awaited governance review was on track to deliver a fully independent board that would take all stakeholder interests into account, when posting first-half profit at the top end of expectations.
Kazakh miner ENRC, whose image has been tarnished by the purchase of an asset the Congolese government expropriated from Canadian miner First Quantum last year and a very public boardroom spat, announced a three-month corporate governance review in June.

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