KAZ.L Share News (KAZ)

KAZ Delivers Large Lift To Copper Output, Beats By-Product Guidance

Kaz Minerals exceeds copper guidance with 73 percent output growth

LONDON, Jan 26 (Reuters) - Kazakhstan copper company Kaz Minerals said it had exceeded its full-year copper guidance in 2016 with 73 percent year-on-year output growth as new projects came onstream. Kaz Minerals has two new major copper projects under construction, which it describes as wor

Sector movers: Miners higher on HSBC upgrades

(ShareCast News) - Miners paced gains in the market following multiple upwards target price revisions from analysts at HSBC on LSE-listed copper miners and diversified miners. In the case of the former, the broker's analysts said they had raised their copper price forecast from 2017 onwards by betwe

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

Sector movers: Chinese data stokes buying in mining stocks, Kaz rockets

(ShareCast News) - Miners and grocers vied for the top slot on the leaderboard on Tuesday with brokers weighing in with positive remarks on the former while the latter group received a boost in the form of a positive trading update from Morrison. News that factory gate prices in China blew past fore

KAZ Minerals gains on Canaccord upgrade

(ShareCast News) - KAZ Minerals' shares gained on Monday after Canaccord Genuity upgraded the stock to 'buy' from 'hold' and lifted the target price to 475p from 155p. Canaccord said it expects miner to see continued production growth through 2018 after the company's third quarter result showed incr

BROKER RATINGS SUMMARY: Deutsche Bank Cuts Centrica To Sell From Hold

LONDON BRIEFING: Micro Focus And Dixons Carphone Top And Tail FTSE 100

EXTRA: KAZ Gets Loan To Fund Work On Aktogay Copper Project

KAZ Minerals shores up financing with DBK and ING

(ShareCast News) - KAZ Minerals announced on Tuesday that it has reached agreement on a new $300m credit facility with the Development Bank of Kazakhstan, which is scheduled to be signed on 14 December. The FTSE 250 company said the DBK facility will finance the completion of the Aktogay project whi

Credit Suisse shifts preference to Rio Tinto from BHP Billiton

(ShareCast News) - Credit Suisse upgraded Rio Tinto to 'outperform' from 'neutral' and raised its price target to 3600p from 2750p, while simultaneously bumping down BHP Billiton to 'neutral' from 'outperform' with its price target raised to 1380p from 1300p. Looking into 2017, the bank have switche

Kaz Minerals' Aktogay mine ahead of budget, boosts share price

* Kaz Minerals share price outperforms wider market * Seen on cusp of being large-scale, low-cost producer LONDON, Dec 6 (Reuters) - Kazakhstan copper firm Kaz Minerals on Tuesday said its major new copper project at Aktogay would deliver its next phase of production early in 2017 at

KAZ Lowers Aktogay Concentrator Cost As Commissioning Activity Begins

KAZ Minerals begins testing and commissioning at Aktogay

(ShareCast News) - KAZ Minerals announced on Tuesday that the testing and commissioning of the main Aktogay sulphide concentrator had commenced. The FTSE 250 company said production of saleable copper concentrate from sulphide ore is expected by the end of the first quarter of 2017. Production guid

FTSE 250 movers: Oil stocks gush ahead while Cranswick loses out

(ShareCast News) - The FTSE 250 index rose 0.13% to 17,457.33 in the late afternoon. Oil prices continued their steady advance following OPEC's decision to cut its production by 1.2m barrels a day, propping up shares in Tullow Oil, Vedanta Resources (VR) and Petrofac on Monday. Goldman Sachs maintai