Kaz Minerals Share Discussion Threads

[teamwork1] 27/3/2017 15:42

https://www.google.co.uk/amp/s/www.yahoo.com/amphtml/finance/news/goldman-sachs-backing-copper-boom-232300589.html

[rampant_bull] 27/3/2017 15:07

Or it could bounce back to 500+ in one morning. Who knows

[stoxx67] 27/3/2017 15:02

could be £3 - £3.50 target here

H&S top formation.

a fair way to retrace yet IMHO

[manics] 27/3/2017 15:00

AGM & update 27th April will illustrate this is cheap imo.

[dhull01] 27/3/2017 13:53

Rationale for the turnaround on the14th plastow?

[ljhrunner12] 27/3/2017 13:23

When do we think the debt restructuring will be completed? Release of that news might be the catalyst for a share price recovery.

[plastow] 27/3/2017 12:32

about the 14th of april this will start turning around

[tsmith2] 27/3/2017 09:55

Important support level - personally looking for retrace to 3.75 area.PGMs better for time

[zho] 27/3/2017 08:35

Escondida back to work, drop in copper price?

[teamwork1] 27/3/2017 08:31

Why is kaz down more then other mining companys

[b2l] 27/3/2017 08:10

Copper falls as world's top mine restarts

Copper has fallen, ending the week 2 per cent lower after workers agreed to end a strike at the world's top copper mine in Chile.

The price of copper in London dipped briefly on Thursday on news that the strike at BHP Billiton's Escondida mine had ended. It stabilised but resumed its decline later in the Friday session.

The strike had lasted 43 days.

"It had led to rising prices ahead of the strike and now I would expect the price to give away some of its gains," said Carsten Menke, a commodity analyst at Julius Baer.

Investors were also jittery about the possibility US president Donald Trump's healthcare bill might not pass, suggesting he may struggle to muster the backing needed to push through fiscal measures central to the US government's economic agenda.

"The market is beginning to price out the probability that we could get this big infrastructure spend from Trump," said Jens Pedersen, commodities analyst at Danske Bank.

"If he had such a difficult time getting this through, how will it go when things turn to the budget, infrastructure spending and tax."

Commodity markets have soared since November on expectations Trump will increase spending on infrastructure.

[plastow] 27/3/2017 08:08

Getting close to buying only had 5 quid a point on the Dow the lemmings are selling..until april

[ljhrunner12] 26/3/2017 20:30

Not sure what would justify a drop to 430 tbh.

[plastow] 26/3/2017 13:40

What we don't want is to drop below the 200Ma around 430 420 hopefully bounce off this next week then up in April to new highs ..

[losses] 25/3/2017 19:08

800 by year end

[rampant_bull] 25/3/2017 09:48

True. Just being greedy!

[runwaypaul] 25/3/2017 08:42

why?its 5 bagged in less than a year...what do you expect..it to double from here?

[rampant_bull] 24/3/2017 16:48

Both this and VED have been dismal in late feb / March. Fundamentals remain strong I just can't understand current price action

[teamwork1] 24/3/2017 16:28

Not been a good week

[mtness2] 24/3/2017 11:49

Plastow do you still think we will see new highs in April ?

[mr woodentop] 24/3/2017 09:16

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

[b2l] 24/3/2017 08:24

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.