Kazakh miner Kazakhmys used stockpiles to boost H1 copper output by 8% but declared that H2 production would fall as the firm continues to adjust to weaker demand and a lower full year target. For full story, click here
Miner Kazakhmys moved ahead despite seeing first quarter ore output dipped 13.8% as copper production from its own concentrates surged. For full story, click here
Kazakh copper producer Kazakhmys is arranging for a challenging year for mineral extractors by enclosing itself against a sharp fall in the price of the metal it depends on. Charles Stanley analyst Tom Gidley-Kitchin, said: They are doing this in order to protect themselves against a big fall, but they have been sacrificing some of [...]
Kazakh miner Kazakhmys posted a 7 percent increase in fourth quarter copper cathode output compared to the previous quarter but said it would address falling demand by cutting spending and output in 2009. For full story, click here
Kazakh miner Kazakhmys showed a 21 percent drop in their profits for the first half of this year. Severe winter weather in the first half of the year was attributed to the 9 percent fall of copper cathode output. They expect copper production to at least match that of last year so a stronger second [...]
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