KAZ Minerals (KAZ) - Good Q3 production numbers leads to full year guidance upgrade
Q3 production numbers for the Kazakh copper miner were good and as a result they have upgraded full year production guidance to 250-270,000 tonnes (t) from 225-260,000 t. They also introduce a gold target of 160-180,000 ounces for 2017.Anglo Asian Mining's principal activity is that of a holding Co. and a provider of support and management services to its main operating subsidiary R.V. Investment Group Services. Co., together with its subsidiaries (the Group), owns and operates gold, silver and copper producing properties in the Republic of Azerbaijan. It also explores for and develops other potential gold and copper deposits in Azerbaijan. The Group's primary operating site is Gedabek, which is the location of the Group's main gold, silver and copper open pit mine and Gadir, an underground mine.
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