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Investors remain reluctant to bet on Baimskaya

KAZ Minerals remains "open to all options" for its massive Baimskaya copper project in Russia, despite indications from the investment community the 300,000 tonne per annum producer would be re-rated if it were to dilute the development risk by bringing in a partner.

Investors remain reluctant to bet on Baimskaya Investors remain reluctant to bet on Baimskaya Investors remain reluctant to bet on Baimskaya Investors remain reluctant to bet on Baimskaya Investors remain reluctant to bet on Baimskaya

The scale of the Baimskaya development in Russia has investors feeling nervy but owner KAZ has no such worries (image: KAZ Minerals)

Previous feasibility work on Baimskaya suggests copper production of 250,000tpa and 400,000 ounces of gold per annum is on the cards - or 330,000tpa copper equivalent - which is an improvement of more