|Bid||896.80 x 338200|
|Ask||897.80 x 123700|
|Day's range||897.80 - 942.80|
|52-week range||413.10 - 974.20|
|PE ratio (TTM)||8.97|
|Earnings date||21 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.09|
Kazakhstan-focused Kaz Minerals (LSE: KAZ.L - news) on Thursday reported a jump in 2017 sales and production as its main mines ramped up and said it expected its 2018 output to rise as much as 16 percent. Copper production in 2017 totalled 259,000 tonnes from 143,500 tonnes a year earlier after the Bozshakol and Aktogay mines ramped up their sulphide concentrators. "Following the successful ramp-up to date of Bozshakol and Aktogay our asset base is now dominated by large scale, low cost, modern copper mines which are set to generate significant cash flows in the future," said chief executive Andrew Southam.
Anglo American (AAL.L) beat expectations on Thursday with a 5 percent increase in production in 2017, driven by increases in diamond and iron ore output, while base metal copper stagnated. Copper is particularly in demand because of its use for both old and new technology, such as electric vehicles. Anglo's Platinum and palladium, iron ore and coking coal output fell between 4 and 8 percent in the fourth quarter and were flat or higher for the full year.
Anglo American (LSE: AAL.L - news) beat expectations on Thursday with a 5 percent increase in production in 2017, driven by increases in diamond and iron ore output, while base metal copper stagnated. Many miners have struggled to maintain output as ore bodies have aged and exploration budgets collapsed as a result of the commodity markets downturn of 2015-16.
** Kazakhstan miner +2.9 pct ** Kaz says after planned expansion, capacity will double at Aktogay mine to 50 mln tonnes from 25 mln tonnes per annum, with first ore from the mine expected in H2 2021 ** ...
Copper miner Kaz Minerals said on Friday that Kyrgyzstan had reversed a suspension of operations at its Bozymchak mine which had been imposed a day earlier. The mine had resumed full production, it said ...
Kazakh miner Kaz Minerals (LSE: KAZ.L - news) said the government of Kyrgyzstan had suspended operations at its Bozymchak gold and copper mine on Thursday for three months. The London-listed company said it did not know why the operations had been suspended and the Kyrgyz government did not immediately respond to a request for comment. "The group believes that Bozymchak is in compliance with its obligations and is in discussions with the relevant authorities to recommence operations as soon as possible," Kaz Minerals said in a statement.
A fall of more than 60 percent by subprime lender Provident Financial following another profit warning dominated London trading on Tuesday, although the broader market was supported by stronger commodities ...
Kaz Minerals (LSE: KAZ.L - news) , a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs. Kaz Minerals, which is ramping up two new major copper projects Bozshakol and Aktogay in Kazakhstan, has seen its share price double this year. First-half output was 118,000 tonnes.
Kaz Minerals, a copper firm focused on mining in Kazakhstan, narrowed its full-year output guidance on Thursday to 235,000-260,000 tonnes from 225,000-260,000 tonnes, after first half output more than ...
British shares were on the back foot on Monday with a general election looming and some tourism-related shares dented after an attack in London on Saturday (Shenzhen: 002291.SZ - news) . The blue-chip FTSE 100 index ended the day 0.3 percent lower, falling back from the record high it touched on Friday. A parliamentary election on Thursday was looking more uncertain as some polls suggested Prime Minister Theresa May's Conservative Party was not certain to win a majority.
British shares climbed to fresh all-time peaks on Friday but pared most of their gains following disappointing jobs growth data in the U.S. that weighed on global equities. The FTSE 100 index of top UK ...
** Shares in KAZ Minerals up 3.5 pct ** Credit Suisse upgrades stock to "outperform" from "neutral," cites contributing cash flow from Bozshakol mine ** Adds, Aktogay mine is now ramping ...
Copper miner KAZ Minerals Plc said on Thursday that Andrew Southam would be promoted next year to the role of chief executive. Southam, currently chief financial officer, will succeed Oleg Novachuk on ...