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KAZ to spend US$900M on Russia project

Transformational is overused as a term by miners who have just bought new projects, but KAZ Minerals (LSE:KAZ) could probably get away with it this time.

KAZ to spend US$900M on Russia project KAZ to spend US$900M on Russia project KAZ to spend US$900M on Russia project KAZ to spend US$900M on Russia project KAZ to spend US$900M on Russia project

KAZ says another large-scale, low-grade copper project is just what it needs

The Kazakh copper producer will spend US$900 million on the Baimskaya copper and gold project in Russia's far east.