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Kaz keeps trucking along despite market M&A confusion

Kaz Minerals (LSE:KAZ) kept motoring along with its current operations in 2018 after the unpopular decision to spend US$900 million on a new project in Russia, increasing profit 14% year-on-year and to $510 million.

Kaz keeps trucking along despite market M&A confusion Kaz keeps trucking along despite market M&A confusion Kaz keeps trucking along despite market M&A confusion Kaz keeps trucking along despite market M&A confusion Kaz keeps trucking along despite market M&A confusion

Aktogay's net cash cost was just over $1 per pound of copper in 2018

The copper miner produced 294,700 tonnes of copper last year, up 14% year-on-year and at the top end of the 270,000-300,000t forecast.

Revenue was up 31% on 2017 at $2.