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Kaz Minerals PLC (KAZ.L)

KAZ.L on London Stock Exchange

813.80GBp
21 Feb 2018
Change (% chg)

1.20 (+0.15%)
Prev Close
812.60
Open
808.60
Day's High
822.00
Day's Low
806.40
Volume
1,022,124
Avg. Vol
2,068,531
52-wk High
974.20
52-wk Low
413.10

Latest Key Developments (Source: Significant Developments)

Kaz Minerals Says ‍Application Has Been Made For Resumption Of Trading In H Shares
Thursday, 21 Dec 2017 03:31am EST 

Dec 21 (Reuters) - Kaz Minerals Plc 0847.HK::‍APPLICATION HAS BEEN MADE TO STOCK EXCHANGE OF HONG KONG FOR RESUMPTION OF TRADING IN H SHARES OF CO WITH EFFECT FROM 22 DECEMBER 2017.  Full Article

Kaz Minerals Says Aktogay Expansion Project Approved
Thursday, 21 Dec 2017 02:00am EST 

Dec 21 (Reuters) - Kaz Minerals Plc ::AKTOGAY EXPANSION PROJECT APPROVED.‍$1.2 BILLION EXPANSION PROJECT APPROVED TO DOUBLE SULPHIDE ORE PROCESSING CAPACITY AT AKTOGAY FROM 2021​.‍NET CASH COST GUIDANCE TO 2027 MAINTAINED AT 100-120 USC/LB​.‍ANNUAL COPPER PRODUCTION FROM SULPHIDE ORE TO INCREASE TO 170 KT FROM 2022 TO 2027 AND 130 KT THEREAFTER​.‍REMAINING EXPENDITURE WILL BE INCURRED FROM 2019 TO 2021. MINING FLEET WILL BE UPGRADED TO SUPPORT HIGHER ORE THROUGHPUT​.‍OUTPUT FROM NEW CONCENTRATOR IS EXPECTED TO COMMENCE IN SECOND HALF OF 2021 WITH FACILITY RAMPING UP DURING 2022.​.KAZ - ‍COPPER CATHODE PRODUCTION FROM OXIDE ORE AT AKTOGAY WILL BE UNCHANGED AT CURRENT LEVEL OF AROUND 20 KT PER ANNUM FOR REMAINING EIGHT YEAR LIFE OF OXIDE DEPOSIT​.‍SUSTAINING CAPITAL EXPENDITURE WILL INCREASE FROM $30-$40 MILLION TO $50-$60 MILLION PER ANNUM FROM 2022 ONWARDS​.  Full Article

Kaz Minerals' H Shares On Trading Halt
Wednesday, 20 Dec 2017 11:46pm EST 

Dec 21 (Reuters) - Kaz Minerals 0847.HK::‍TRADING IN H SHARES OF CO WILL BE HALTED AT 1:00 P.M. ON DEC 21.  Full Article

Kyrgyzstan government cancels Kaz Minerals mine suspension a day later
Friday, 3 Nov 2017 05:10am EDT 

Nov 3 (Reuters) - Kaz Minerals Plc :KAZ MINERALS PLC - BOZYMCHAK RESUMES FULL PRODUCTION.BOZYMCHAK RESUMES FULL PRODUCTION.KAZ MINERALS- RECEIVED NOTIFICATION FROM GOVERNMENT OF KYRGYZSTAN THAT SUSPENSION OF OPERATIONS AT BOZYMCHAK ANNOUNCED ON 2 NOVEMBER 2017 HAS BEEN CANCELLED​.KAZ MINERALS PLC - ‍BOZYMCHAK HAS RESUMED FULL PRODUCTION​.  Full Article

Kaz Minerals announces temporary suspension of operations at Bozymchak
Thursday, 2 Nov 2017 08:47am EDT 

Nov 2 (Reuters) - KAZ MINERALS PLC ::BOZYMCHAK TEMPORARY SUSPENSION OF OPERATIONS.‍‍GOVT OF KYRGYZSTAN HAS TODAY SUSPENDED OPERATIONS AT BOZYMCHAK, GROUP'S COPPER AND GOLD MINE IN KYRGYZSTAN, FOR A PERIOD OF THREE MONTHS​.‍BOZYMCHAK IS IN COMPLIANCE WITH OBLIGATIONS AND IS IN DISCUSSIONS WITH RELEVANT AUTHORITIES TO RECOMMENCE OPERATIONS AS SOON AS POSSIBLE​.‍GROUP'S 2017 COPPER PRODUCTION GUIDANCE REMAINS 250-270 KT​.  Full Article

Kaz Minerals Q3 ‍copper production increased by 14 pct to 75 kt ​
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - Kaz Minerals Plc :‍COPPER PRODUCTION INCREASED BY 14% TO 75 KT IN Q3​.‍FULL YEAR COPPER PRODUCTION GUIDANCE INCREASED TO 250-270 KT​.‍FY GOLD PRODUCTION GUIDANCE RAISED TO 160-180 KOZ​.‍BOZSHAKOL COPPER PRODUCTION 2 OF 27 KT IN Q3​.BOZSHAKOL Q3 COPPER OUTPUT IMPACTED BY EXPECTED REDUCTION IN COPPER GRADE​.Q3 GOLD PRODUCTION OF ‍44.8​ KOZ VERSUS 40.6 KOZ YEAR AGO.BOZSHAKOL GOLD GUIDANCE FOR 2017 RAISED TO 110-120 KOZ, FOLLOWING STRONG YEAR TO DATE OUTPUT​.‍NET DEBT OF $2,220 MILLION AT 30 SEPTEMBER 2017​.AKTOGAY COPPER PRODUCTION 1 OF 31 KT IN Q3​.‍AKTOGAY'S SULPHIDE CONCENTRATOR REACHED COMMERCIAL LEVELS OF PRODUCTION AT END OF Q3 AND EXPECT TO REACH FULL CAPACITY DURING 2018​.‍Q3 SILVER PRODUCTION​ OF 952 KOZ VERSUS 739 KOZ YEAR AGO.‍Q3 ZINC IN CONCENTRATE​ 13.5 KT VERSUS 16.6 KT YEAR AGO.  Full Article

Kaz Minerals H shares on trading halt
Thursday, 26 Oct 2017 12:51am EDT 

Oct 26 (Reuters) - Kaz Minerals PLC :Trading in H shares of company to be halted with effect from 1:00 p.m. On 26 Oct pending release of company's production report for 9-mnths.  Full Article

Kaz Minerals says HY oper profit of $291 mln vs. $68 mln
Thursday, 17 Aug 2017 02:00am EDT 

Aug 17 (Reuters) - KAZ MINERALS PLC ::SAYS ‍COPPER OUTPUT MORE THAN DOUBLED TO 118 KT IN FIRST HALF OF 2017​.SAYS ‍BY-PRODUCTS ON TRACK TO MEET OR EXCEED 2017 GUIDANCE​.HY OPERATING PROFIT OF $291 MILLION VERSUS. $68 MILLION.SAYS ‍GROSS REVENUES INCREASED BY 2.3 TIMES, TO $837 MILLION (H1 2016: $363 MILLION)​.SAYS ‍HY REVENUES OF $721 MILLION, EXCLUDING PRE-COMMERCIAL SALES (H1 2016: $302 MILLION)​.HY NET CASH COST OF 64 USC/LB.SAYS ‍BOZSHAKOL FULL YEAR GROSS CASH COST NOW EXPECTED TO BE 115-135 USC/LB​.FULL YEAR COPPER PRODUCTION TARGET NARROWED TO 235-260 KT.NOW EXPECTED THAT GROUP WILL PRODUCE 3,100-3,350 KOZ OF SILVER IN 2017.  Full Article

Kaz Minerals trading in H shares have been halted
Thursday, 17 Aug 2017 12:42am EDT 

Aug 17 (Reuters) - Kaz Minerals PLC 0847.HK:Trading in H shares of company have been halted pending the release of company's HY results.  Full Article

Kaz Minerals expects Bozshakol gold output to be towards upper end of FY guidance range
Thursday, 27 Jul 2017 02:42am EDT 

July 27 (Reuters) - Kaz Minerals Plc :H1 2017 COPPER PRODUCTION OF 52 KT FOR (H1 2016: 10 KT).H1 2017 COPPER PRODUCTION MORE THAN DOUBLED TO 118 KT, ON TRACK FOR FY GUIDANCE OF 225-260 KT.FIRST HALF GOLD OUTPUT OF 93 KOZ (H1 2016: 45 KOZ).BOZSHAKOL ON TRACK TO ACHIEVE 2017 COPPER GUIDANCE AND TOP END OF GOLD GUIDANCE.CLAY PLANT CONTINUING TO RAMP UP IN LINE WITH EXPECTATIONS FOR BOZSHAKOL, ORE THROUGHPUT AT 69% IN Q2.FULL YEAR GOLD AND SILVER PRODUCTION EXPECTED TO BE TOWARDS UPPER END OF GUIDANCE FOR EAST REGION AND BOZYMCHAK.EXPECT TO ACHIEVE 100% OF DESIGN CAPACITY IN SECOND HALF OF THIS YEAR AS PLANNED.AKTOGAY AND EAST REGION CURRENTLY TRACKING BELOW GUIDED FULL YEAR COST RANGE.MATERIAL EXTRACTED IN H1 2017 AT BOZSHAKOL HAD A HIGHER THAN ANTICIPATED GOLD GRADE WHICH IS EXPECTED TO DECLINE FROM JULY 2017.BOZSHAKOL IS ON TRACK TO ACHIEVE 2017 GUIDANCE OF 95-110 KT.NOW EXPECTED THAT BOZSHAKOL GOLD OUTPUT WILL BE TOWARDS UPPER END OF FULL YEAR GUIDANCE RANGE OF 85-110 KOZ.  Full Article

UPDATE 2-Diamonds drive Anglo American output rise, copper flat

* Copper-focused Kaz Minerals says output rose by 80 pct (Adds context, analyst reaction, share price)