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Kaz Minerals Share Discussion Threads
Showing 13326 to 13349 of 13350 messages
|True. Just being greedy!|
|why?its 5 bagged in less than a year...what do you expect..it to double from here?|
|Both this and VED have been dismal in late feb / March. Fundamentals remain strong I just can't understand current price action|
|Not been a good week|
|Plastow do you still think we will see new highs in April ?|
|as 2018 was always predicted to be the year when copper was in short supply and Kaz were fully operational with the new mines a strike next year should work to Kaz's advantage. Definitely holding for me, may even add a few|
|Miners to end strike at BHP Billiton’s Escondida copper mine in Chile
Workers at the world’s largest copper mine, BHP Billiton’s Escondida in Chile, have ended a lengthy strike that had caused turbulence on global markets.
But the company (BHP) warned that the miners had only made matters worse by pushing negotiations back another year and a half.
With no breakthrough in sight in the testy negotiations, the miners’ union decided to invoke an article of Chilean labour law that allows them to keep their old contract for another 18 months, union lawyer Marco Lopez said.
Management at Escondida said triggering that law, known as Article 369, was a mistake.
“We know it’s not good for anybody, and would be a complicated situation,” the mine’s president, Marcelo Castillo, said just before workers made the announcement.
Management had earlier announced the formal end of negotiations, giving the workers an ultimatum to take or leave its final offer.|
|410 430 and still short on the dow|
|KAZ's sole reportable short (Marshall Wace) reduced from 0.6% to 0.54% on the 16th, and have now fallen off grid entirely.|
|Talks collapse at escondida. But where will kaz go now? It's a guess imo after last couple of sessions.|
|I dunno. Maybe it wants to do a double bottom at 450p first.|
|He wasn't resigning from KAZ. He was resigning from a Russian oil Co. NED's often have multiple roles.|
|It's fair to say that the markets did not seem to like today's reporting of the resignation of a director. Trouble at the camp????|
|Hammered compared to the rest.|
|Why the fall today?|
|Escondida negotiations dissolved|
|Time to shut shop my friend... check out Next PLC.|
|Not much happening today|
|bamboo , what timeframe are you applying for that EOD target, please?|
|Both KAZ and the Cu chart are showing the beginnings of Inverse Head and Shoulder patterns.
KAZ needs eod close above approx 535 to confirm
Cu needs eod close above approx 2.66 to confirm.|
|Chile's Largest Copper Mine Forced to Suspend Major Projects
Chile’s Escondida mine, the largest copper mine in the world, announced Wednesday the indefinite suspension of the two major projects where 2,500 workers have been on strike for 42 days.
In a statement, Escondida, which runs the mine as part of the Anglo-Australian mining giant BHP Billiton, said the construction of the second desalination plant in the port of Coloso and the extension of the Concentrating Plant Los Colorados have been suspended.
The decision was a result of the “permanent blockades” that have prevented the subcontractors from going back to work, added the communique.
One day earlier, the company failed to reach an agreement with representatives of the labor union after over six hours of negotiations. Before the meeting, Escondida's President Marcelo Castillo offered a bonus of US$17,000 for the 2,500 workers in a bid to put an end to the conflict.
|Bhp suspends work at Escondida as talks with union fail again|
|rb, good to see kaz close higher.
Copper is the key. Should have at least two or three days of positive pricing from today.|
|Bamboo might get your eod close above 500|