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Kaz Minerals downgraded to 'market perform'

Trimmed 2018 guidance and strong share price performance to blame

Jacqueline Holman
Lower output is expected from Kaz's Bozshakol in 2018

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 delivered...

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