Kaz Minerals first quarter copper output more than doubles
Copper miner Kaz Minerals Plc said its first-quarter copper production more than doubled from a year earlier, helped by output from its new Bozshakol and Aktogay mines in Kazakhastan.
The company’s stock rose as much as 4.9 percent to 502.50 pence on the London Stock Exchange, making it the top FTSE midcap gainer.
The company, focused on large-scale, low-cost open pit mining in Kazakhstan, said its copper output stood at 52,000 tonnes in the first quarter ended March 31. Gold production also rose 140.1 percent to 42,500 ounces.
The company said it was on track to meet 2017 production guidance for all metals.
Source: reuters
Advertisement
Latest Posts
- Serbia, The real plans of the Jadar project
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
Popular Post
- Serbia, The real plans of the Jadar project
- Avala Resources shareholders invited to approve transaction with Dundee, copper-gold projects in Serbia
- Canadian mining companies in Europe & ISDS
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- How valuable is Kosovo’s mineral wealth?
- Rosia Montana in Romania, UNESCO protection and value of civic action
- What Are The Major Natural Resources Of Macedonia?
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Highfield Resources’ mining concession process at Muga Potash Project in Spain