|Bid||9.273 x 550000|
|Ask||9.457 x 550000|
|Day's range||9.344 - 9.344|
|52-week range||2.968 - 9.901|
|PE ratio (TTM)||14.44|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
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.
** 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 ...
Kaz Minerals (LSE: KAZ.L - news) , a copper company focused on large scale, low-cost open pit mining in Kazakhstan, said on Thursday its earnings had surged as it brought new output online against a wider backdrop of tightening supply that has boosted prices. Kaz Minerals has two new major copper projects Bozshakol and Aktogay, which it describes as world-class open-pit mines -- cheaper than having to extract from deep underground. It said in 2016 it had achieved 73 percent growth in copper production to 140,000 tonnes and the guidance for 2017 was 225,000 to 260,000 tonnes.
Anglo American on Thursday reported a sharp production fall at its Los Bronces copper mine in Chile (Stuttgart: 704599.SG - news) at the end of last year offsetting an overall increase in mineral output across its mines. The dip in output late last year weighed on Anglo American shares, which fell around a percent by 1010 GMT, although analysts said Anglo American's figures were broadly positive. Anglo American said it had seen operational improvements across its portfolio, but Los Bronces output was difficult, as grade quality deteriorated, weather was bad and contractors carried out "illegal industrial action," Anglo said.
Kazakhstan copper company Kaz Minerals said it had exceeded its full-year copper guidance in 2016 with 73 percent year-on-year output growth as new projects came onstream. Kaz Minerals has two new major ...