Kaz Minerals PLC (KAZ.L)
17 Aug 2018
* Negative broker notes weigh on Kingfisher, Kaz Minerals (Updates prices, adds details)
LONDON, Aug 17 Britain's top share index inched higher on Friday on the back of a continued recovery in mining stocks, though investor wariness over recent geopolitical events put the index on track for its biggest weekly loss in nearly five months.
LONDON Copper miner Kaz Minerals on Thursday announced an interim dividend of 6 U.S. cents per share, the first in six years, and said it expected to make a similar payment for the second half as it boosted output and kept costs low.
* Shares outperform broader market (Adds CEO comment, detail)
Aug 3 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
Aug 2 The following bids, mergers, acquisitions and disposals were reported by 2115 GMT on Thursday:
LONDON/MOSCOW Kaz Minerals shares plunged after it said it was expanding into Russia with a deal to buy a copper project in Baimskaya for $900 million from a group of investors including Chelsea soccer club owner Roman Abramovich.
* Shares plunge nearly 30 percent as deal spooks market (Adds context, analyst, update shares)
* WON AN ORDER TO DELIVER A COMPREHENSIVE PROCESS AND POWER SOLUTION THAT WILL DOUBLE CAPACITY OF KAZ MINERALS' SULPHIDE ORE PROCESSING PLANT IN AKTOGAY, KAZAKHSTAN
LONDON, April 26 Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.