Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

British miner Kaz Minerals expects its copper production to end 2020 at the higher end of its annual guidance of 280,000-300,000mt. 


The company noted that its copper volumes may exceed its original guidance by 2-3pc. The miner attributed the rise to completing maintenance at its Kazakh copper mines in November and COVID-19 shutdowns not affecting production in Q4. 


Kaz also expects to spend about $100mn in capital expenditure at its Aktogay and Baimskaya mines in Q1 2021. 

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