KAZ.L Share News (KAZ)

Friday broker round-up

(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps

Broker tips: Gem Diamonds, Glencore, KAZ Minerals

(ShareCast News) - RBC Capital Markets downgraded Gem Diamonds to 'sector perform' from 'outperform' and slashed the price target to 130p from 170p. The bank said the investment thesis for Gem revolves around the Letseng mine in Lesotho. It said the Ghaghoo mine in Botswana is a drag on valuation,

Credit Suisse upgrades KAZ Minerals, says development risks receding

(ShareCast News) - Credit Suisse upgraded KAZ Minerals to 'outperform' from 'neutral' and lifted the price target to 250p from 165p saying development risks are receding. "Our concerns around KAZ have centred around execution risks at the two main growth projects and funding risks due to high levels

BUZZ-Kaz Minerals: extends gains after Peel Hunt upgrades

** Kaz Minerals up 2.5 pct, trading around 4-mth highs, as Peel Hunt upgrades to "Add" from "Hold" and raises TP to 200p from 160p - a day after it announced H1 profit rise ** Peel Hunt says Kaz has done a better job of cutting cost than it had expected ** The Kazakhstan copper firm s

Britain's FTSE edges up, helped by miner rally

* Blue chip FTSE 100 up 0.1 pct * Dollar falls after U.S. Fed minutes, miners gain * Kingfisher, Kaz Minerals up after results (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

FTSE 250 movers: Kaz Minerals surges, Evraz slumps

(ShareCast News) - The FTSE 250 rose 0.59% to 17,863.91 points in Thursday afternoon trade. Kaz Minerals was the biggest riser on London's second tier index after it reported a rise in first half earnings and said its new Bozshakol project is on track for commercial output in the second half. Fo

UPDATE 2-Kaz Minerals says can maintain profit in weak copper market

* Bolzshakol on track for commercial output in H2 * Share price rallies strongly * Analysts caution about debt levels, say copper market fragile (Adds analyst comment, detail) By Barbara Lewis LONDON, Aug 18 (Reuters) - Kazakhstan copper firm Kaz Minerals said it can car

Britain's FTSE gains as miners rally

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Blue chip FTSE 100 up 0.2 pct * Dollar falls after U.S. Fed minutes, miners gain * Kingfisher, Kaz Minerals up after resultsRead more

Kaz Minerals first-half profit up, Bozshakol project on track

(ShareCast News) - Kaz Minerals surged on Thursday as it reported a rise in first-half earnings and said its new Bozshakol project is on track for commercial output in the second half. For the six months to the end of June, the copper miner said core profit rose to $115m from $88m in the same period

LONDON MARKET OPEN: Miners' Rally Offsets FTSE 100 Ex-Dividend Losses

BUZZ-Kaz: top UK midcap gainer as H1 profit rises

** Kaz Minerals +c.7%, most actively traded stock & top pct gainer on FTSE midcap index after Kazakhstan copper miner reports higher H1 core profit ** EBITDA rises to $115 mln from $88 mln year ago; major new project Bozshakol on track for commercial output in H2 ** Nearly 2/3 30-day

Kaz Minerals reports year-on-year rise in H1 profit

LONDON, Aug 18 (Reuters) - Kazakhstan copper firm Kaz Minerals on Thursday said core first-half profit (EBITDA) rose to $115 million from $88 million a year ago, and its major new project Bozshakol was on track for commercial output in the second half. Bozshakol is ramping up with more than

UK Earnings, Trading Statements Calendar - Next 7 Days

Canaccord reiterates 'hold' on KAZ Minerals

(ShareCast News) - Canaccord Genuity on Wednesday reiterated a 'hold' rating on KAZ Minerals but raised its target price to 155p from 130p. "While our main concern on KAZ remains the weak copper price hindering the company's debt pay-down plans as it completes its growth projects, the company has re

KAZ Minerals' copper, gold production rises in Kazakhstan, Kyrgyzstan

(ShareCast News) - Kaz Minerals reported an increase in second quarter copper and gold production in its four mines in Kazakhstan and Kyrgyzstan. Copper cathode production increased by 43% to 52,600 tonnes (kt) in the three months ended 30 June, due to commissioning of new mines in the east regio