Kaz Minerals Share Discussion Threads

[arja] 28/11/2016 08:34

maybe the weaker $US is affecting it ?

[arja] 28/11/2016 08:32

disappointing performance by copper stocks so far after a bright start - markets often fool us !

[losses] 28/11/2016 07:09

Aye another 2%...

[bigbigdave] 28/11/2016 07:06

Copper on the up again......

[losses] 26/11/2016 17:29

Not had any issues related to cold weather in the past... I have been trading kaz for many years.

[adukeofkent] 26/11/2016 14:02

I have a practical question. Does the winter climate effect production? I remember BMZ (what a disaster that was) and the cold meant they couldn't do much. I assume KAZ doesn't have that problem.

[value king] 26/11/2016 10:48

The company announced this on October 27th:

"Oleg Novachuk, Chief Executive, said: "KAZ Minerals continues to deliver sector-leading production growth, with our copper output growing by 66% in the first nine months of this year. Given the progress made in ramping up Bozshakol, our first major growth project, we have declared it a commercially producing asset from today. We are also making good progress on the construction of the Aktogay sulphide project, which will deliver the next phase of our production growth in 2017."

Q4 should be very good for Kaz Minerals as the major bulk of their production is copper which has increased in price by 20% since the end of Q3.

A by-product is Zinc which has risen nearly 30% since Q3.

Gold and Silver have fallen about 10% since Q3 but only make up a small part of Kaz Minerals' output while the quality of the silver they have extracted has been exceeding their expectations.

The trading statement in January should be well worth looking out for with such a strong last quarter for production and price I would say.

[chrisplayford1] 25/11/2016 21:51

Is this a disruption to global supply which will force up prices higher?

[keya5000] 25/11/2016 16:29

Interesting

[losses] 25/11/2016 14:51

Plastow, golden silver are not the main products for Kaz, its COPPER.

[smurfy2001] 25/11/2016 12:53

Not all gains are since Trump but China.

[plastow] 25/11/2016 12:52

Gold silver are not infrastructure..

[james190] 25/11/2016 12:41

it is also bizarre that the iron ore price, copper price and many other metals has surged since Trump, but the gold price has slumped.

Looks very manipulated to me

[city chappy] 25/11/2016 12:21

KAZ could reclose the gap rapidly from 400p back to 800p, reversing the fall in 2013, with 1600p to 2000p the medium term target.

[city chappy] 25/11/2016 12:16

With copper prices up 30% in the last 12 months and KAZ ramping up production, KAZ's revenues must be rocketing.

[plastow] 25/11/2016 10:44

Copper warehouse levels over 10 years demand is going up from wind turbines to electric cars and trump being in power!!!

[james190] 25/11/2016 10:22

ok mate you have a down target

[volsung] 25/11/2016 10:18

I sold my KAZ last week james. Understand why people want to hold. Just giving a contrary view.

[james190] 25/11/2016 10:17

volsung are you holding kaz at the mo i saw price when at about £1 level and this has gone up quite a bit now

[james190] 25/11/2016 10:16

down its only just coming up in the trend now should go to £6

[smurfy2001] 25/11/2016 10:15

Volsung,

l will wait for 1000p before taking my profit out. Book value was taken out above 100% profit.

No hurry.

Plus waiting for a restart of dividends.

[bigbigdave] 25/11/2016 09:40

Added a few more.

[arja] 25/11/2016 09:00

copper price only off a bit but KAZ getting hit along wuth some other mining stocks . Might turn around later or maybe some news coming out today on economy

[arja] 25/11/2016 08:47

hard to trade KAZ as widish spread and this algorythmic trading makes it tricky for the small trader as a bid between the spread automatically triggers algo orders and hard to get set . Nice pullback today might give opp for day trade but us only open for half a day ,