Kaz Minerals Share Discussion Threads

[zho] 02/2/2018 08:23

Goldman sees copper enjoying double digit gains to top $8,000 a tonne ($3.63/lb) over the next 12 months. For copper that constitutes a 12% jump from today's price. The last time copper traded at $8,000 was at the beginning of 2013.

[arja] 31/1/2018 11:54

nice bounce from early sell off and copper price a bit higher today . But dow still looking shaky and has not quickly recovered as it has been doing for qute a while to strike new all time highs . the question is " is this correction different ? " /

[kulvinder] 30/1/2018 17:26

Maybe time to run for the Hills, is this the start of the long awaited/expected market correction? Usa down over 300 points and a sea of red here.

[mrthomas] 30/1/2018 16:48

Brought in again at 8.10 as should gets k say about 890 orabove

[andyj] 30/1/2018 13:26

9Price action suggests a lot of buyers emerging at 8 to 8.20. A gradual steadying followed by a return to above 9 is coming.

[riviera1069] 30/1/2018 08:43

Which way?£7 or £9 first.

[bone apart] 30/1/2018 01:17

Not forgetting that
1. Cu prices would have to rise 50% to reach previous highs, &
2. E-cars are all the buzz now, which are very Cu-hungry, as well as
3. The infrastructure that goes with E-vehicles.
4. That means loads of free cash flow to reduce debt even further.

I hold.

[fruitninja84] 26/1/2018 15:58

I see less volatility on some of these aim tiddlers! Unbelievable. Still going to achieve 90-100p eps imo..

[smurfy2001] 26/1/2018 15:23

Twice bounced off the 50day MA

[arja] 26/1/2018 08:14

bas start today even though ANTO up a touch !

[fruitninja84] 25/1/2018 16:30

Until the GBPvsUSD comes off a bit this will likely stay weak imo. A stronger pound means that Copper is actually lower due to CU being priced in dollars. My average here is 817p and I hold 10k so squeaky bum time.

[patience a virtue] 25/1/2018 16:24

Copper production up 80%, translate that (copper plus gold, zinc) into total turn over at $1.8 billion which is almost 250% up from the previous year. Think further on the profit the effect could be tremendous with high margins (lowest copper producer in the world).
Look forward to final results in a month time. Onwards and upwards.

[smurfy2001] 25/1/2018 15:09

Fourth-quarter copper output actually declined over the final three months of the year versus the prior quarter, raising concerns over the outlook.

Copper output in the most recent quarter slid to 65 kt versus 75 kt in the prior period, which Kaz said reflected grade reduction at Aktogay and Bozshakol concentrator maintenance.

Kaz, which is focused on open pit mining in Kazakhstan, also said fourth-quarter zinc in concentrate output was 12 kt, with full-year production of 58 kt, below guidance of 60-70 kt due to delayed access to high grade ore.

Read more: Kaz shares slide after production update | Capital.com
hxxps://capital.com/kaz-shares-slide-after-production-update

[smurfy2001] 25/1/2018 15:07

Kaz Minerals Reports Significant Growth In Copper And Gold Production

LONDON (Alliance News) - Kaz Minerals PLC said Thursday that it met its copper production targets across all assets in 2017, and gold production was at the upper end of the company's guidance range.

The Kazakhstan-focused miner said that full year copper production increased by 80% to 259,000 tonnes, from 144,000 tonnes the year before. For the fourth quarter ended December 31, copper production, however, fell by 13.3% to 65,000 tonnes due to expected grade reduction at Aktogay and Bozshakol concentrator maintenance.

Annual gold production increased by 39.9% to 178,700 ounces, from 127,700 ounces in 2016. Silver production rose 6.8% to 3.5 million ounces, in line with expectations.

Zinc output for the year totaled 57,600 tonnes - below 60,000 tonnes to 65,000 tonnes guidance - due to delayed access to higher grade zones in the east region of Kazakhstan, the company said.

"I am pleased that in 2017 we achieved copper production targets across all of our assets including at Aktogay, where we launched sulphide production in February 2017 and declared the concentrator commercial in October. The performance of our two recently commissioned mines at Bozshakol and Aktogay has delivered an 80% increase in annual copper output into a tightening market and gold production at the top of our guidance range," KAZ Chief Executive Andrew Southam said.

Kaz shares were down 3.2% at 861.40 pence per share on Thursday.

By Toby Woodall; [e-mail]

[...]

[smurfy2001] 25/1/2018 15:07

KAZ Minerals Q4 copper production up 45% year on year at 65,200 mt

Kazakh base and precious metals producer KAZ Minerals said Thursday its copper in concentrates and copper cathodes production in the fourth quarter was up 455 year on year at at 65,200 mt.

That was 13.4% lower quarter on quarter as a result of 13-day mill maintenance works at Bozshakol in Kazakhstan's Pavlodar region and an expected lower copper ore grade processed at Aktogay in the East region.

hxxps://www.platts.com/latest-news/metals/hongkong/kaz-minerals-q4-copper-production-up-45-year-26876658

[smurfy2001] 25/1/2018 15:04

Just in case anyone missed it.

KAZ MINERALS GROUP PRODUCTION REPORT FOR 12 MONTHS AND THE fourth QUARTERED 31 december 2017

l Full year copper production(1) increased by 80% to 259 kt (FY 2016: 144 kt)

-- Copper at top of February 2017 FY guidance (225-260 kt) and in line with updated range (250-270 kt)

-- Full year gold production(2) of 179 koz at upper end of guidance range (160-180 koz)

-- Q4 copper production(1) of 65 kt (Q3 2017: 75 kt) reflecting expected grade reduction at Aktogay and Bozshakol concentrator maintenance

l Bozshakol copper production(2) of 23 kt in Q4 (Q3 2017: 27 kt)

-- Full year copper production(2) of 101 kt (FY 2016: 48 kt), in line with guidance of 100-110 kt

-- Gold production(2) maintained at 28 koz in Q4 (Q3 2017: 28 koz), FY 2017 output of 119 koz at top of range (110-120 koz)

-- Sulphide plant throughput limited in Q4 due to 13 day stoppage for maintenance in November

-- Changes to mining sequence resulted in a reduced sulphide ore mined copper grade of 0.49% in Q4 2017 and a processed grade of 0.44% is now expected for 2018. Copper production(2) at Bozshakol is expected to be in the region of 100 kt in 2018

l Aktogay copper production(1) of 26 kt in Q4 (Q3 2017: 31 kt)

-- Full year copper production(1) of 90 kt (FY 2016: 18 kt), in line with guidance of 85-95 kt

-- Main sulphide concentrator achieved 68% of design throughput in Q4

-- Oxide production of 7 kt in Q4 and 25 kt for the full year, at the top end of guidance of up to 25 kt

l 17 kt of copper production(2) in Q4 from East Region and Bozymchak results in FY production of 67 kt

-- Ahead of FY 2017 copper production(2) guidance of c.65 kt

-- Q4 zinc in concentrate output of 12 kt, full year production of 58 kt below guidance of 60-70 kt due to delayed access to high grade ore at Artemyevsky

(1) Payable metal in concentrate and copper cathode from Aktogay oxide ore.

(2) Payable metal in concentrate.

Andrew Southam, Chief Executive Officer, said: "I am pleased that in 2017 we achieved copper production targets across all of our assets including at Aktogay, where we launched sulphide production in February 2017 and declared the concentrator commercial in October. The performance of our two recently commissioned mines at Bozshakol and Aktogay has delivered an 80% increase in annual copper output into a tightening market and gold production at the top of our guidance range."

[deccer1] 25/1/2018 15:02

nice little short for a few days.

[rampant_bull] 25/1/2018 13:10

How does the chart look to you guys, retrace to 700 possible?

[edjge2] 25/1/2018 10:26

Still dropping but looks like an 820 bounce, nice

[arja] 25/1/2018 08:25

yes, copper price looks ok but does not mean KAZ will perform as mood negative for mining stocks and market generally in last day or so

[smurfy2001] 24/1/2018 13:27

Weekly Chart

[smurfy2001] 23/1/2018 23:49

I’m still bullish on copper. It’s still broken out on the weekly.