Full Year Results 

KAZ’s soft start to 2018

KAZ’s soft start to 2018

Last year was the year when the KAZ Minerals (KAZ) investment case came good. Copper prices climbed, production surged, free cash flow swung to $452m (£352m) and debts dropped. A combination of excellent by-product credits, muted inflationary pressures and good grades meant net cash costs stayed in the first quartile of the cost curve, at an average of 66¢ per pound of copper.

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