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Kaz Minerals downgraded to 'market perform'

Kazakhstan-focused Kaz Minerals (LN:KAZ) has been downgraded to market perform by one investment bank, the day after its December quarter production release missed the mark.

Kaz Minerals downgraded to 'market perform' Kaz Minerals downgraded to 'market perform' Kaz Minerals downgraded to 'market perform' Kaz Minerals downgraded to 'market perform' Kaz Minerals downgraded to 'market perform'

Lower output is expected from Kaz's Bozshakol in 2018

BMO Capital Markets analyst Edward Sterck said the miner's shares had delivered a 130% return from the beginning of 2017 to January 25, due to an 80% increase in copper output during 2017 as Kaz...