OCT. 5 2010 (The Conway Bulletin) — The Kazakh government raised its stake in Kazakhstan miner Kazakhmys, listed in London, to over 26% by buying 11% of the company from chairman Vladimir Kim in a deal estimated at over $1.3b. In a report this year, lobby group Global Witness linked Mr Kim to Kazakh President Nursultan Nazarbayev.
ENDS
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(News report from Issue No. 10, published on Oct. 7 2010)