Kazakhyms plc is the tenth largest copper cathode producer and the tenth largest mined copper producer in the world. Its principal business is the mining, processing, smelting, refining and sale of copper and copper products, including copper cathode and copper rod. As by-products of it copper operations, the group also processes, refines and sells zinc, gold and silver.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 31/12/2005)

Copper operations & others: 100%

Take your pick ...

21 Aug Exane BNP... 210.00 Neutral
21 Aug Deutsche Bank 291.00 Buy
21 Aug Jefferies... 190.00 Hold
21 Aug JP Morgan... N/A Overweight
20 Aug Liberum Capital 155.00 Hold

Source: Dow Jones News
LONDON—Glencore PLC Chief Executive Ivan Glasenberg's rescue plan for his company could hinge on the fortunes of a single metal: copper.

The company's decision to close two unprofitable African copper mines would take 400,000 tons of copper production out of the market over the next 18 months, and helped send prices for the industrial metal up 5% in the U.S. and nearly 4% in London on Tuesday. Copper's gain was also attributed to new data out of China showing stronger-than-expected demand from the world's largest consumer of the metal.

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Copper price today down 1.93% or $ / ton 5,161 - was even lower this past August.
KAZ shares down heavily today at multi year low - touched 115 before recovering.
I do not have any but am watching.

JimmyB -
My private information from copper producer - Zambia.
The Kariba dam is very low on water causing significant electricity rationing in Zambia.
Zambia Govt is due for re-election and do not want to curtail the forthcoming budget.
El Nino situation said to be threatening near term rainfalls and probably water supplies.
Does KAZ have interests in Zambia or is it all Kazakstan ? I do not know how Zambia situation will affect anything.

rekirkam ,it's Kazakhstan ,have a look at their website .
I don't know why they have taken a bigger hit than any of the other miners this morning ,time will tell .

http://www.kazminerals.com/en/

Monster fall. Where is the news?

one trick pony is no doubt a clue

Do you want to explain that cynic

copper only

Actually they also produce and sell significant quantities of zinc, silver and gold as by-products.
However look at Glencore and some of the others ,in the same boat.

Tenge 262/$
Copper 230
Short 3.71%

Getting trounced here the same as GLEN and LMI ..

hope you don't hold this one jimmy - nor GLEN!

Sure do ..

bad luck m8 :-(

aghh GLEN n KAZ

a couple you sure don't want to friends with..

No friends best selling.

Take your pick .

30 Sep Deutsche Bank 240.00 Buy
24 Sep Goldman Sachs 130.00 Neutral
22 Sep Credit Suisse 150.00 Neutral
21 Sep Nomura 100.00 Reduce

Tenge 271/$
Copper 236
Short 4.77