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%

KAZ Minerals on target

StockMarketWire.com

KAZ Minerals' copper and by-product guidance met or exceeded in 2015.

Full year copper cathode production totalled 81.1 kt - in line with guidance of 80-85 kt. The group reports strong underlying copper in concentrate production of 89.4 kt. Production from oxide ore at Aktogay began in December, contributed 0.4 kt cathode Other highlights:

By-product output in line or ahead of guidance:

- Zinc in concentrate (94.3 kt) and gold bar (34.6 koz) in line with guidance

- Silver output of 3,135 koz, 25% ahead of guidance, supported by high grades and release of work in progress

Major projects production update

- Over 10 million tonnes of ore mined at Bozshakol and Aktogay in 2015

- Aktogay oxide commenced production on 1 December 2015

- Bozshakol copper concentrate production imminent

Chief executive Oleg Novachuk said: "I am pleased to report that in 2015 the East Region and Bozymchak mines met or exceeded production guidance across all metals. We also achieved the first output of copper cathode from Aktogay oxide in December and copper concentrate from Bozshakol is expected shortly. We are now focused on the ramp up of Bozshakol which, together with Aktogay, will deliver the highest growth rate in the sector over the next three years."



At 8:26am: (LON:KAZ) Kaz Minerals PLC share price was +8.75p at 116.25p

The miners are starting to draw a certain amount of interest from brokers now. Not sure of we have reached the bottom of the commodity cycle yet, but ANTO, VED and KAZ all worth watching imo. There's no doubt the divi yield has been drastically cut, but at some point when the market starts to take an interest again, the sp's of most of the miners should recover quickly.

Your right HARRY a bit like the oilers ,the big ones will be ok .
Sold some this morning i bought lower down and still holding some i bought higher up waiting for more of a recovery.

Agree and the good thing is at these very low levels there should be a long climb back upwards, so plenty of opportunity to get in when we feel it's not a DCB.

One point of caution though as I have not been following Miners for a while, which ones have cut their divis "already"? as that action might cause their SP to dip.

In Harry's post Ved's the only one I have traded in the past, but not the other 2.

ANTO may be less volatile but it's certainly a much more solid company, and also of course majors in copper - keystone for the direction of other hard commodities

On this thread (below) I posted the graphs and yield for most of the mining companies a year ago. Might be worth having a look to see how they fare now. I suspect most of the yields are cut by at least 50%.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=10245#lastread

attached is also interesting, comparing ANTO (blue), KAZ (red) and VED (green) over the last year
currently nothing to choose between them

Thanks both very interesting.

Peel Hunt today reaffirms its sell investment rating on Kaz Minerals PLC (LON:KAZ) and raised its price target to 95p (from 85p).

Take your pick ....
Funny how Peel raise their target as the price has moved up and these people get paid for this !

3 Feb Peel Hunt 95.00 Sell
29 Jan Deutsche Bank 197.00 Buy
29 Jan Credit Suisse 115.00 Neutral
18 Jan JP Morgan... 85.00 Neutral
15 Jan Nomura 90.00 Reduce
15 Jan Liberum Capital 155.00 Hold

What's up with this one today , up 15% !

i think ANTO was up much the same, and have now cashed in

Copper is not up much today so i was wondering if it was currency fluctuation but ANTO operate in a different part of the world to KAZ so i doubt it's that .

all on the back of anglo i think

Been out all day, are Miners in general up today as well?

think so ...... i am also not really around

Well you are your both here .

only because it's 17:45 in europe and i'm now back at my hotel b4 going out to dinner

Not for long in my case, I'm being taken out to dinner apparently.. how very very kind of you Alf I didn't know you cared.

You've got some hopes Stan , cynic take out a left winger ,i don't think so .