Kaz Minerals Share Discussion Threads

[arja] 05/3/2018 15:27

copper starting to take off now and KAZ might even get back to 860 level today !

[arja] 05/3/2018 15:19

first time for a while that I tried a short using a CFD as KAZ seemed overbought at over 860 on back of the weak copper price . Just closed out at 839 but usually I do
not have a shorting mentality . now recovering at 844 butno encouragement from copper price yet.

[fuji99] 05/3/2018 14:55

Apparently it is the pharmas, the healthcare and the milk producers who are going to be hurt by US tariffs on steel and copper. Miners are only producing metals...

[smurfy2001] 05/3/2018 13:38

English Defence League?

[datait] 05/3/2018 13:38

EDL taking off again hard to buy shares folks

[datait] 05/3/2018 13:32

EDL taking off again hard to buy shares folks

[arja] 05/3/2018 11:22

KAZ has done well today in spite of no uplift in copper price but surprisingly most
mining stocks performing . wondering if there will be an afternoon selloff! ( wry smile )

[losses] 05/3/2018 06:33

BEIJING, March 5 (Xinhua) -- China will cut ineffective steel capacity of 30 million tonnes and coal capacity of 150 million tonnes in 2018, according to a government work report available to media before the annual parliamentary session Monday morning.Meanwhile, coal-fired power generating units with a capacity of less than 300,000 kilowatts that fail to meet standards will be closed this year, according to the report to be delivered at the first session of the 13th National People's Congress.

[mr roper] 03/3/2018 21:26

US consumes less than 5% of global copper.

[arja] 03/3/2018 21:23

smurfy100,
Good luck with VED and I notice it has fallen in last 4 days and chart support at
about 700 . Quite a turnaround in FTSE after UK close on friday aided by dow turnaround and S&p and nasdaq where slightly up on the day . hope it helps mining
stocks on monday !

[patience a virtue] 02/3/2018 16:15

Most of KAZ's copper are sent to Northwest China where the demand for copper is insatiable. Hard to link copper (very tight market) with steel and aluminium which are plenty.

[losses] 02/3/2018 11:14

Holding up well considering.

[smurfy2001] 02/3/2018 10:46

Worth a read

Trump steel tariffs: Trading partners threaten retaliation

[losses] 02/3/2018 10:08

Sell and wait for clarity..

[cromw3ll] 02/3/2018 10:07

Trumps tariffs could be an opportunity for shorters to take positions. Falls could be pretty decent "if" tariffs are coming.

[losses] 02/3/2018 09:52

TRUMP Tariffs on steel, aluminium causing the issues here and elsewhere..The idiot may expand on other metals and the the rest of the world may retaliate causing Trade war..

[stamford hill] 01/3/2018 14:11

Top bombing Kittie Kat..

[tradejunkie2] 01/3/2018 14:04

arja, who's the number 1 kittie here?

[smurfy2001] 01/3/2018 10:52

arja,
I'm bleeding on VED at the moment! :(
Still holding KAZ long term.

[tradejunkie2] 01/3/2018 10:43

arja, you are my favourite kittie here. I'd suggest you look at the weekly copper chart and draw some trend lines. One is still giddy over copper.

DYOR remember shares can go down even further than you expect.

Kittie out.

[arja] 01/3/2018 10:41

smurfy ,
but falling dow means most stocks hammered today . Had to cut loss in GLEN today !

[tradejunkie2] 01/3/2018 10:38

My little kitties.

One has bought in @ 833.3.

Looking for 875p.

Copper now at the bottom of the trend, looking for a bounce :)

Kittie out.

[smurfy2001] 01/3/2018 00:21

Exciting stuff and let's hope so :)

[arja] 28/2/2018 22:24

Glencore chief feeds copper bulls with talk of ‘massive under-investmentR17; in new mines.

Thanks to its marketing and trading arm, Glencore has a better feel than most for what’s going on out there in commodity markets. And because of the confidence that comes from having a big stake in the company, Glencore boss Ivan Glasenberg doesn’t waffle on the subject like so many of the paid servants at other miners do.

Glasenberg was his adroit self when running through the commodity outlook at Glencore’s profit result call this week. The highlight had to be his thoughts on copper.

“We all know that demand for copper is going to go up, that’s the copper market today, around about 23m tonnes,” he said.

“If we get 2 to 3% demand growth around the world, depending on what happens in China, you’re talking about another 500,000 tonnes, 600,000 tonnes of copper being required per year.

“If you look at the supply, we all know there’s been a massive under-investment in new mines in copper.”

Glasenberg noted that the only new mine coming on was First Quantum’s Cobre Panama. “But besides that, there’s been a total under-investment in new copper mines,” he said

Makes you wonder if there is a second leg in the copper price rise to come sometime soon, and if the idea that the ASX-listed copper producers and explorers are indeed fully priced, as most pundits suggest, is on the money.

Plus, Piedmont looking to tap into US auto industry with its made-in-America lithium and Kirkland’s stunning Fosterville shows it is on track to be Australia’s best gold mine. Read more +