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%

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 .

Oh your so reactionary JB, unlike the very generous Alf.