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U.K.-listed copper miner Kazakhmys was cut to reduce from buy on Monday at Nomura, which cited a possible upward revaluation of the Kazakh tenge, expectations Kazakh taxes may not fall as much as previously expected and a stock price that is fully reflecting...
Tags: Kazakhmys, Nomura MarketWatch Pulse MADRID, Spain, Madrid, Revaluation, Economy of Kazakhstan, Kazakhstani tenge
Kazakhmys, the Kazakh mining giant, yesterday announced major funding plans, including borrowing $2bn (£1.3bn) in loans, which it hopes will help get some major unfunded copper projects off the ground. The London-listed group has also agreed to sell...
Tags: power plant, Kazakhstan, Kazakhmys
Russia's Metalloinvest was holding talks to merge with Kazakhmys to gain access to the London stock market, sources close to the talks told Reuters on Monday. (Reuters)
Tags: merger talks, Kazakhmys
Kazakhmys as part of plans to build a natural resources business to challenge the dominance of western firms. Usmanov and two other billionaire owners of Russian iron ore specialist Metalloinvest are in £25bn merger talks with Kazakhmys, the latest in...
Tags: Metalloinvest, Kazakhmys, Mr Usmanov, merger talks
London Stock Exchange today denying claims that it has held informal takeover talks with another Kazakh mining giant over a proposed £18 billion deal...The statement caused an immediate spike in Kazakhmys's share price, which ended the day up 16 per
Tags: Kazakhmys