Mining Profits...Investing In Industrial Metals

Kazakh copper miner Kazakhmys PLC reported higher production in the third quarter, reflecting higher copper grades and improved extraction from its East Region mines.

Copper in concentrates output in the quarter to September rose to 111,400 tonnes from 96,100 tonnes previously, while copper cathodes production grew to 107,300 tonnes from 94,400 tonnes.

Ore extraction rose to 10,128 tonnes from 9,731 tonnes, while average copper grade improved to 1.16 pct from 1.04 pct.